NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Government Business Archive

Government Business

Contract awards, MDAs, corruption, public expenditure, and state-linked commercial activity shaping the government business story.

CBN says PFIPC accounts were opened on accountant-general’s instruction

Corruption

CBN says PFIPC accounts were opened on accountant-general’s instruction

Jul 21, 2026 • By Yakubu Ibrahim

THE Central Bank of Nigeria (CBN) has told the House of Representatives that it opened two domiciliary accounts for the controversial Presidential Foreign Investment Promotion Council (PFIPC) following a directive…