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NASS suspends CBN amendment Act over misleading report - Blueprint Newspapers Limited

The Senate Committee on Banking, Insurance and other Financial Institutions has postponed the planned public hearing for an amendment of the Central Bank of Nigeria Act. A statement signed by Special Adviser to the Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Prof Uche Uwaleke, the bill titled “An… ....

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No plans to Strip CBN of Interest Rate Decisions – National Assembly

By Tony Obiechina, Abuja The senate committee on banking, insurance, and other financial institutions, says there is no plan by the national assembly to transfer interest rate decisions from the Central Bank of Nigeria (CBN) to a committee. Some reports have alleged that lawmakers want to strip the CBN of the decision to fix interest ....

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