House of Representatives Archives

Suspend new cash withdrawal limit, Reps order CBN

The House of Representatives has directed the Central Bank of Nigeria, to stop the January 9, 2023, implementation of the new cash withdrawal policy. This is based on a motion of urgent public importance moved by a member of the House, Aliyu Magaji, at the plenary on Thursday. Recall that the apex bank had […]

oamudipepdnlimited-com
8th December 2022
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Banking Uncategorized

Reps stops CBNs sale of Polaris Bank

The House of Representatives has asked the Central Bank of Nigeria to halt the planned sale of Polaris Bank Plc. According to reports, the lawmakers urged the CBN to wait until all processes for an open, transparent, and competitive bid are completed in accordance with best practices and procedures for divestment of this type. The […]

jonuorahpdnlimited-com
12th October 2022
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263 Views

Reps pass tax crimes commission bill for second reading

Energy

Reps reject dirty fuel probe report, panel exonerates NNPC

The House of Representatives, on Wednesday, dismissed the report of its Committee on Petroleum Resources (Downstream) which investigated the importation of adulterated Premium Motor Spirit (petrol) into Nigeria, leading to disruption of the supply chain in the country. In the report, the committee failed to hold anybody responsible for the development or recommend sanctions. The […]

agencyreport
24th March 2022
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201 Views

Policy and Regulations

Enforce use of coins, Reps urge CBN

The House of Representatives has urged the Central Bank of Nigeria to “reinforce the use of coins as a legal tender and ensure that banks comply with the use of coins to the fullest.” Members of the House had at the plenary on Tuesday unanimously adopted the motion moved by a member, Muda Umar, titled ‘Call […]

agencyreport
23rd March 2022
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256 Views

FG unveils N12bn research scheme to drive digital

Middle East crisis threatens Nigeria’s manufacturing sector, MAN

No iPhone hacked with Lockdown feature turned on

Lagos ranked first in Nigeria’s ease of doing

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Some Populer Post

We’re ready to pay high tariff for stable power

Banking sector attracts record $13.53bn foreign capital inflows

Late-night fire razes Cross River timber market

NDLEA intercepts consignment with cocaine hidden in stockfish

Tag: House of Representatives