Banks begin transfer of MDAs funds to CRF today

Following the directive by the office of the Accountant-General of the Federation (OAGF) that existing revenue accounts in Deposit Money Banks (DMBs) be closed not later than February 28, 2015, banks will officially begin the transfer of available Ministries, Departments and Agencies (MDAs) funds to the Consolidated Revenue Fund (CRF) today. Continue Reading