- Apex bank oversees the national payment system in Nigeria.
- PFIPC accounts have been domiciled with the apex bank.
The Office of the Head of the Civil Service of the Federation made disclosures to the House committee, and both institutions distanced themselves from PFIPC.
3 reports, 1 independent
Updated Jul 20
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Office of the Head of the Civil Service of the Federation made disclosures to the House committee, and both institutions distanced themselves from PFIPC.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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house of representatives
general term for legislative bodies
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Central Bank of Nigeria
central bank
Related events
- A House of Representatives committee is investigating the activities of PFIPC, which involves various Ministries in Nigeria.
- The federal government is investigating claims of institutional failure regarding the establishment of PFIPC, acting on related documentation.
- A committee invited the Ministry of Foreign Affairs, Nigeria Police Force, and Central Bank of Nigeria to present findings in Abuja.
- The Economic and Financial Crimes Commission (EFCC) investigated concerns raised by the Nigerian Investment Promotion Commission (NIPPC), involving the Chief of Staff and multiple agencies.
- The Central Bank of Nigeria reported on Nigerian bank closures, while the federal government submitted its budget proposal to the National Assembly.