Emefiele In Hot Water As Senate Launches Probe Into N30 Trillion ‘Ways And Means’

CBN

Eko Hot Blog reports that the Nigerian Senate has disclosed plans to summon former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, regarding the N30 trillion ‘Ways and Means’ advances issued during President Muhammadu Buhari’s administration. This decision comes in the wake of inadequate explanations from the current CBN leadership regarding the transactions. Editor’s Picks  … Read more

CBN Governor, Cardoso, Terminates Funding For FG Intervention Programmes

Eko Hot Blog reports that the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the financial institution would no longer fund intervention programmes. Cardoso disclosed this on Friday when he appeared before the senate committee on banking, insurance and other finance institutions, in Abuja. The apex bank chief said the apex … Read more