•Nigerian Senate and CBN Governor Yemi Cardoso The Senate Ad-hoc Committee on Ways and Means Advance has accused the Central Bank of Nigeria (CBN) of frustrating its investigation into the N30 trillion Ways and Means Advance and the Anchor Borrowers’ programme under former President Muhammadu Buhari’s administration. The committee made the acc...
•CBN Governor Yemi Cardoso and Senate The Central Bank of Nigeria (CBN) has decided to maintain its limit on Ways and Means Advances to the federal government at 5 per cent for the fiscal years 2024-2025, despite a recent bill passed by the National Assembly that proposed increasing this limit to 10 per cent. Ways […]
•Nigerian Senate The Ad-hoc Committee has hired forensic auditors the Senate mandated to investigate the N30trillion Ways and Means advances the federal government took from the Central Bank of Nigeria (CBN) from 2014 up to 2023, to scrutinise documents of agencies appearing before it. It was learnt yesterday that the engagement of the forensi...
•Nigerian Senate President of the Senate, Godswill Akpabio today inaugurated a 17 man adhoc Committee to investigate the Ways and Means and the Anchors Borrowers Programme under the immediate past administration of President Muhammadu Buhari. Senate had last month following the report of its Joint Committees on Banking, Insurance and other Fin...

