House Committee on Banking and Currency

Barbara Bako, Abuja The House of Representatives is planning a N20 million daily penalty on banks to curb the increasing insider abuses and Non-Performing loans that are currently threatening the stability of the Nigeria’s financial…

The Central Bank of Nigeria (CBN) and the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) on Tuesday, expressed opposition to the planned creation of a new agency to manage assets seized from corruption and other criminal…