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Home Opinions Blurb

Chart of the day: Effect of TSA on Bank Deposits

Nairametrics by Nairametrics
February 24, 2017
in Blurb
Official Data: The Growth Of Mobile Money Transactions In Nigeria

Financial Data

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Nairametrics| The Federal Government Under President Buhari introduced the Treasury Single Account in the final quarter of 2015. Since then FG deposits with commercial banks have plunged to record levels. The chart below shows FG deposits with banks since 2012.

 

[visualizer id=”97953″]

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From a high of about N4.9 trillion in February 2015, it has now dropped to an average of N70 billion per month.

Tags: TSA
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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