The lower chamber particularly asked the apex bank to adhere to Section 50(1) of the CBN Act.
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Okorafor said in a statement that the apex bank offered 100 million dollars to authorised dealers in the wholesale segment of the market.
Fada David, Consumer Complaints Management, Consumer Protection Department, CBN, said this in an interview with the News Agency of Nigeria on Tuesday in Abuja.
The apex bank made the disclosure at a public hearing organised by House of Representatives’ Ad hoc Committee investigating the state of the nation’s refineries, their turn-around maintenance to date and regular/modular licensed refineries.
The bank said it had offered 100 million dollars to authorised dealers in the wholesale segment of the market while Small and Medium Scale Enterprises Segment received 55 million dollars.
Speaking against the backdrop of the denial of his restated position that the past administration stole the country blind, the Vice President said the facts have long before been in the public domain and that some people are being prosecuted based on this
A statement by Nigeria’s apex bank said the Governor of the CBN, Godwin Emefiele, led CBN officials, while the PBoC Governor, Dr. Yi Gang, led the Chinese team at the official signing ceremony in Beijing, China on April 27 2018, a culmination of over two years of painstaking negotiations by both Central Banks.
Buhari, who spoke with the Hausa Service of the Voice of America in Washington, United States of America, accused the media of doing just what it wants to
The denial was contained in a statement by the Acting Director of Corporate Communications of the bank, Isaac Okorafor.
The fire started at about 6pm on Tuesday
CBN Director, Banking and Payment System, Dipo Fatokun, disclosed this in a paper titled, `Nigeria’s progress towards the creation of a robust, trusted and inclusive Financial Services Environment’ delivered at the annual meeting of the ID4Africa movement on in Abuja.
The three of them – Dr. Kingsley Moghalu; Omoyele Sowore; and Dr. Datti Baba-Ahmed – spoke in the current edition of The Interview, in their most detailed interviews yet
The duo replied the Emir of Kano, Alhaji Muhammadu Sanusi, and gave reasons for their absence at the summit
This development has drawn the ire of the Emir of Kano, Muhammadu Sanusi II, who lambasted the ministers for missing the meeting
Jones Onyereri, Chairman, House Committee on Banking and Currency, revealed this to journalists on the sidelines of the ongoing 2018 IMF/World Bank Spring Meetings in Washington DC
A statement by Isaac Okorafor, Acting Director, Corporate Communications Department, in Abuja on Wednesday, said the intervention was to enable market operators meet the requests of customers.
Trading at the parallel market saw the naira closed at N362 to the dollar, while the Pound Sterling and the Euro closed at N514 and N445, respectively.
Also summoned on the matter are the Minister of Finance, Kemi Adeosun and her Defence counterpart, Mansur Dan-Ali.
Tsoho fixed the date for judgment after listening to arguments of counsel and adopted processes.
The Senate decision was sequel to a point of order raised by Senator Samuel Anyanwu, who came under Order 43, making reference to sections 80, 2 and 3 of the Constitution.