House of Representatives

Lawmakers To Probe Banks Over Non-Compliance Of CBN Forex Directives

Tinubu Seeks House Of Reps’ Approval For Securitization Of N7.388trn Debit Balance In CRF

President Bola Tinubu has urged the House of Representatives to approve the securitization of the outstanding debit balance of 7.388 trillion Naira in the Consolidated Revenue Fund (CRF). This initiative, outlined in

Emmanuel Ochayi

4 months ago

Seal of the House of Representatives of Nigeria svg

Reps Canvass Tax Incentives For Public-spirited Companies In Nigeria

The House of Representatives has urged the federal government to consider granting tax waivers to more companies engaged in the infrastructural development of public schools and hospitals in the country. While adopting

Victor Ezejaand

Admin

5 months ago

N57.6bn SUVs: Labour Party Slams Tinubu Govt, Warns Its Senators, Reps

Following widespread criticisms over the insensitivity of the 360 House of Representatives members receiving official SUVs worth N160 million apiece at a time Nigerians are facing austerity measures, the Labour Party (LP)

Victor Ezejaand

Admin

6 months ago

The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties.

Business

Reps To Probe NPA, Customs, 3 Others After Illegal Sale Of Gov’t Properties

The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties. Also accused are the Nigeria Railway Corporation (NRC),

Fakoyejo Olalekan

10 months ago

Business

Pres. Buhari’s Request To Restructure CBN Loan Suspended Again

The House of Representatives has stated that it will not restructure some of the loans obtained by President Muhammadu Buhari from the Central Bank of Nigeria (CBN) until more information has been

Fakoyejo Olalekan

1 year ago

Business

CBN Act Prevents Banks From Rejecting Old Naira After Deadline, Emefiele Meets Reps

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said commercial banks will continue to receive the old Naira notes after the deadline on 10, February 2023. Emefiele said

Fakoyejo Olalekan

1 year ago

Oilfield Sale: Setback for Sahara Energy, As Reps Accuse Firm, FG Of Illicit $250 million Deal

Business·Oil & Gas

Lawmakers Accuse Sahara Energy, Buhari Govt Of $250 million Illicit Oil Deal

The House of Representatives has accused Sahara Energy Limited and the Federal Government of illicit deal relating to the auction of the Oil Mining Licence (OML) 11. According to the lower chamber,

Fakoyejo Olalekan

1 year ago

Business

Emefiele Flouts CBN Act – Speaker Gbajabiamila

The Speaker, House of Representatives, Femi Gbajabiamila, said the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has failed to comply with the CBN Act. According to Gbajabiamila, under Emefiele,

Fakoyejo Olalekan

1 year ago

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Business·Tech News

House Of Reps To Probe FairMoney, Opay, Carbon, 39 Other Loan Apps

The House of Representatives said FairMoney, OKash, Opay, Carbon, and other loan apps in Nigeria will be probed over threats received by debtors. On Thursday, the lower chambers met to review several

Fakoyejo Olalekan

1 year ago

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

Business

CBN’s Godwin Emefiele Snubs Lawmakers’ Request, Plans To Review Withdrawal Limit

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said there’s no plan to reverse the withdrawal limit issued to banks and other financial after protest from the House of Representatives.

Fakoyejo Olalekan

1 year ago

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Tinubu Seeks House Of Reps’ Approval For Securitization Of N7.388trn Debit Balance In CRF

Reps Canvass Tax Incentives For Public-spirited Companies In Nigeria

N57.6bn SUVs: Labour Party Slams Tinubu Govt, Warns Its Senators, Reps

Reps To Probe NPA, Customs, 3 Others After Illegal Sale Of Gov’t Properties

Pres. Buhari’s Request To Restructure CBN Loan Suspended Again

CBN Act Prevents Banks From Rejecting Old Naira After Deadline, Emefiele Meets Reps

Lawmakers Accuse Sahara Energy, Buhari Govt Of $250 million Illicit Oil Deal

Emefiele Flouts CBN Act – Speaker Gbajabiamila

House Of Reps To Probe FairMoney, Opay, Carbon, 39 Other Loan Apps

CBN’s Godwin Emefiele Snubs Lawmakers’ Request, Plans To Review Withdrawal Limit

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