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 Council (PFIPC) have remained dormant since their creation in 2025, with no deposits, withdrawals, or any form of financial transactions recorded

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

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…

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 self-styled Director-General of the alleged Presidential Foreign Intervention Promotion Council, Prince Adeyemi Matthew Adeniyi, has explained how the fake organisation was…

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

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…