
Senate Confirms Yemi Cardoso as CBN Governor The Senate has confirmed the appointment of Yemi Cardoso as the Central Bank of Nigeria, CBN Governor and four others as Deputy Governors of the apex bank. They were confirmed on Tuesday following a screening by the upper legislative body. The deputy governors who were confirmed are Emem
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Sen. Akpabio Charges Colleagues on National Interest The Senate President, Godswill Akpabio, has told his colleagues at the Senate to put Nigeria’s interest first as they go about their various legislative functions. He made this known on Tuesday at the resumption of plenary after a six-week recess just before the Senate dissolved into long hours
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NEDC: Buhari Makes 12 New Appointment President Muhammadu Buhari has asked the Senate to confirm the appointment of 12 nominees as members of the Governing Board of the North East Development Commission, NEDC. According to a statement by the President’s spokesman, Garba Shehu noted that Buhari’s request is contained in a letter addressed to Senate
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New Naira Notes Phase Out: Senate Urges CBN to Extend Deadline The Senate has urged the Central Bank of Nigeria to extend its deadline for the phasing out of the old N1,000, N500 and N200 notes from January 31st to June 30th, 2023. The recommendation follows a motion by the senator representing representing Borno South,
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FG Slashes Nigeria Police Budget Proposal by N93 billion Federal Government has slashed the budget proposed by the Nigeria Police Force by almost ninety three billion naira, a situation which the security outfit has warned may frustrate its efforts towards effectively tackling the growing insecurity in the country. The police blamed the reduction largely on
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Senate Passes Bill to Amend CBN Act for 2nd Reading The Senate on Tuesday at plenary, passed for second reading, a bill to amend the Central Bank of Nigeria (CBN) Act. Leading debate on the general principles of the bill, its sponsor, Sen. Sadiq Umar (APC-Kwara), said the bill was to enable the appointment of
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