The House of Representatives ad hoc committee investigating the alleged illegal establishment of the Presidential Foreign Investment Promotion Council (PFIPC) has summoned the Minister of Foreign Affairs and the National Security Adviser (NSA) to explain how the controversial body allegedly operated and conducted diplomatic engagements despite lacking legal recognition.

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

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…