July 22, 2017 - Aproko247 Magazine

Day: July 22, 2017

TSA Funds: We Have Remitted All NNPC/NLNG Dollar Deposits—UBA

Aproko247 July 22, 2017 0 Comment UBA

United Bank for Africa, UBA, has denied hiding any money belonging to the Federal Government in its custody. In a statement issued by the bank on Friday, UBA said, “Our attention has been drawn to the order of the Federal High Court in Lagos directing that seven (7) commercial banks, including UBA Plc, temporarily remit…

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$793m TSA Funds: No Hidden Funds in Our Possession—Keystone Bank

Aproko247 July 22, 2017 0 Comment Growbiz Account SMEs, keystone bank, TSA funds

The management of Keystone Bank Limited has denied hiding funds meant to be transferred into the Federal Government’s Treasury Single Account (TSA) as widely reported and alleged. On Thursday, Justice Chuka Obiozor of a Federal High Court in Lagos ordered seven banks, including Keystone Bank, to remit about $793 million to the FG. It was…

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