Connect with us

Currency Swap: Reps committee invites INEC Chairman, finance minister

Victorious

Published

on

Follow
NAIJA NEWS: Currency Swap: Reps committee invites INEC Chairman, finance minister [New Naija News] » Naijacrawl
Photo: Naijacrawl

The Independent National Electoral Commission, INEC, Chairman Mahmood Yakubu, and Minister of Finance Zainab Ahmed have been invited to a meeting on Thursday by the ad hoc committee looking into the currency swap at the Central Bank of Nigeria.



Ado Doguwa, the majority leader, and Babangana Monguno, the national security adviser, were both invited to the committee.

The invitation follows a temporary ruling by the Supreme Court ordering the CBN to postpone the deadline of February 10 for the continued existence of the old notes.

As you might remember, the same committee spoke with CBN Governor Godwin Emefiele, but it was unable to change the CBN's decision.

Similar to how INEC had previously stated, the policy may have an impact on how the elections are run because the commission needs money to conduct the elections. Mr. Emefiele had, nevertheless, pledged to contribute funds for the commission.

Click Here To Comment




Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

CBN Sets To Launch Digital Currency

Piroll

Published

on

NAIJA NEWS: CBN Sets To Launch Digital Currency [New Naija News] » Naijacrawl
Photo: Naijacrawl
Barely six months that the government of Nigeria withdraw the banking supports for Cryptocurrency trading in the country, the Central Bank of Nigeria has said it will launch its digital currency following an advice by the Vice President Yemi Osinbajo that cryptocurrency should be regulated not banned.The decision to launch its digital currency was reached during a private webinar on Thursday in which the CBN said about 80 per cent of central banks worldwide are expl...
Continue Reading

Naija News

EFCC Apprehends 3 For SIM Swap Fraud In Makurdi

Piroll

Published

on

NAIJA NEWS: EFCC Apprehends 3 For SIM Swap Fraud In Makurdi [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Makurdi zone of the Economic and Financial Crimes Commission (EFCC) has apprehended three people who allegedly used bank details obtained through SIM swaps and Automated Teller Machines (ATM) for fraud.This was made known through a statement from the Makurdi zonal office of the anti-graft agency, a 36-year-old security guard, Michael Damhindi; Chidi Emmanuel Aniekwe, 32, and Terhemba Iorhen, 35, were arrested at North Bank area, Makurdi.According to the stateme...
Continue Reading

Naija News

LABOUR PARTY, PDP, ADC, Call for Cancellation of the entire Presidential Election, Conduct of a fresh Election, and Removal of Yakubu as INEC Chairman

Mee_dey0

Published

on

NAIJA NEWS: LABOUR PARTY, PDP, ADC, Call for Cancellation of the entire Presidential Election, Conduct of a fresh Election, and Removal of Yakubu as INEC Chairman [New Naija News] » Naijacrawl
Photo: Naijacrawl
The press statement by Barr Julius Abure, Dr Iyorchia Ayu, Dr Mani Ibrahim Ahmed in Abuja, the federal capital territory.Nigeria held its general elections on Saturday, February 25, 2023 and this press conference is to address the urgent and important issues arising from the exercise, which was for the election of the president, vice president, and national assembly positions.The exercise, carried out by the Independent National Electoral Commission (INEC) is still...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.