The Senate panel probing the N30 trillion Ways and Means loans secured from the Godwin Emefiele-led Central Bank of Nigeria (CBN) by the Federal Government has said it will seek an extension of the time allotted for the investigation. At the inauguration of the panel on 11 March 2024, Senate President GodsWill Akpabio gave the panel a six-week ultimatum to …

The Senate has hailed the federal executive for payment of what it described as a whopping sum of ₦4.83 trillion out of ₦30 trillion ways and means it obtained from the Central Bank of Nigeria (CBN), saying the flow of foreign direct investments is improving by the day. According to the Senate, besides, the CBN should also be commended as …

The Senate Ad-hoc Committee probing how the N30 trillion Ways and Means loans were obtained from the Central Bank of Nigeria (CBN) and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions in the process of obtaining the overdraft. As such, the committee said it had concluded plans to summon the current CBN Governor, Olayemi …