The Central Bank of Nigeria (CBN)has revealed its plan to interface directly with the Government Integrated Financial Market Information System (GIFMIS) Platform. In addition, the apex said it envisages making the Treasury Single Account (TSA) payments instant within the fiscal years of 2020/2021, as part of effort to promote transparency in the management of public funds. This is contained in its report titled, ‘Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for Fiscal Years 2020/2021.’ The Government Integrated Financial Management Information System (GIFMIS) is an IT based system for budget…
Read moreCBN plans direct interface with GIFMIF platform
