By Gift ChapiOdekina, Abuja A Director at the Central Bank of Nigeria (CBN), Hamisu Abdullahi, has told the House of Representatives Ad-hoc Committee investigating the alleged establishment of the Presidential Foreign Investment Promotion Council (PFIPC) without a valid legal framework that the apex bank only opens accounts for government agencies upon receiving formal approval from […]

The Central Bank of Nigeria (CBN) on Monday disclosed that it opened two bank accounts for the Presidential Foreign Investment Promotion Council (PFIPC) following a directive from…

The Central Bank of Nigeria (CBN) has told the House of Representatives that two foreign currency accounts opened for the controversial Presidential Foreign Investment Promotion…

•Head of Service admits not doing due diligence, says office occupied by PFIPC was allocated to SGF

By Gift ChapiOdekina, Abuja The House of Representatives has inaugurated an ad hoc committee to investigate the legal basis for the establishment and operations of the…

By Gift ChapiOdekina, Abuja ABUJA — The Office of the Head of the Civil Service of the Federation (OHCSF) and the Central Bank of Nigeria (CBN) have distanced themselves from the…

A CBN director tells the House of Reps ad-hoc committee that fake agency accounts opened on OAGF directive have remained dormant with zero balance.

By Gift ChapiOdekina, Abuja A Director at the Central Bank of Nigeria (CBN), Hamisu Abdullahi, has told the House of Representatives Ad-hoc Committee investigating the alleged…

The Head of Service exposes irregularities in PFIPC documents as the House of Representatives probes the council's legal status. Learn more about the PFIPC

An ad hoc committee of the House of Representatives has invited Secretary to the Government of the Federation (SGF), Sen. George Akume, to explain how the Presidential Foreign…

The CBN admits opening domiciliary accounts for the fictitious PFIPC, contradicting earlier claims. Chief of Staff Gbajabiamila testifies in the ongoing PF

The House of Representatives ad hoc committee investigating the alleged establishment of the Presidential Foreign Investment Promotion...

The CBN said the two foreign currency accounts opened for the Presidential Foreign Investment Promotion Council were never activated because the agency failed to provide…

PFIPC: The Federal Ministry of Foreign Affairs on Tuesday told the House of Representatives that it never recognised or engaged with the…

…Demand answers on security lapses lWe rejected PFIPC’s request for collaboration – Foreign MinistryBy Gift ChapiOdekima ABUJA — The House of Representatives Ad-hoc Committee…