Senate Committee on Banking Insurance and other Financial Institutions
Crypto ban: We acted in Nigerians’ best interest – CBN
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system.
Senate confirms appointment of AMCON chief Ahmed Kuru for second term
The Senate on Wednesday confirmed the appointment of Mr Ahmed Kuru as Managing Director, Asset Management Corporation of Nigeria (AMCON) for a second term in office, in line with President Muhammadu Buhari’s request.
Senate confirms Bello Hassan as new NDIC chief
The Senate Wednesday confirmed the nomination of Mr. Bello Hassan as the new Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC).
Insecurity: Why Kaduna will adopt an inclusive approach – Senator Sani
Senator representing Kaduna Central, Uba Sani (APC), has revealed that a stakeholders meeting, chaired by the Deputy Governor of Kaduna State, Hadiza Balarabe, has resolved to apply an all-inclusive approach to the lingering insecurity in the State as child of necessity.
AMCON urges Senate to compel obligors to pay N5 trillion debt
Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru (ALK) has renewed the call for legislative support to his agency.
Senate, AMCON adopt measures against saboteurs – Uba Sani
The Chairman Senate Committee on Banking Insurance and other Financial Institutions, Uba Sani, has said that his committee and the Asset Management Corporation of Nigeria (AMCON) have identified the strategies being employed by debtors to stall the repayment of loans, including the dragging of court cases for many years.
Senate to support NDIC in protecting depositors
The Senate Committee on Banking, Insurance and Other Financial Institutions, has pledged to support the Nigerian Deposits Insurance Corporations (NDIC) to carry out its functions more effectively.
Senator Sani: Senate, NDIC retreat a huge success
Senator Uba Sani has described the retreat held by Senate Committee on Banking, Insurance and Other Financial Institutions with the Nigeria Deposit Insurance Corporation (NDIC) in Kaduna as a huge success.
Senator Sani: New banking, financial bill long overdue
Senator Uba Sani representing Kaduna Central, in the upper chamber, stated that he is elated by the passage of his Bill for an Act to Repeal the Banks and Other Financial Institutions Act 2004.
Senator, CAN condemn Kajuru killings, sue for peace
The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, and the Kaduna State chapter of the Christian Association of Nigeria (CAN) have condemned the spate of killings in communities in Kajuru Local Government Area of the state.
Senator Sani donates N80 million foodstuffs to less privileged in Kaduna
The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has donated 12 trucks of food items worth N80 million for distribution as palliatives to the less privileged in Kaduna State.
National Assembly leadership meet ministers on planned 2020 budget review
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
Senate confirms central bank, hajj commission nominees
The Senate on Thursday confirmed nominees appointed by President Muhammadu Buhari to serve on the board of the National Hajj Commission of Nigeria (NAHCON).
Boko Haram: Senate condemns Plateau killings, abductions
The Senate on Wednesday condemned the abduction and killings of Nigerian citizens from Plateau State by Boko Haram.
Senate to confirm Edward Adamu as AMCON chairman next week
Senate on Wednesday began the Confirmation process of Edward Lametek Adamu as the Chairman of the Asset Management Corporation of Nigeria, AMCON.
Senate: AMCON a drain on the nation’s economy
The Senate Committee on Banking, Insurance and other Financial Institutions has said that Assets Management Company of Nigeria which was set up by the government to buy back bad debts by banks has become a drain on the nation’s economy, adding something must be done to reverse the trend.
Senate decries poor enlightenment, weak insurance regulation
The Senate has expressed its displeasure over the poor regulation of insurance companies in the country, concerned about the low enlightenment of Nigerians on insurance policies.
NDIC begs Senate over speedy passage of amended Act
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has appealed to the 9th Senate for the speedy passage of the pending NDIC Act, 2006 (as amended) currently before the National Assembly.
Senate confirms Godwin Emefiele as central bank governor for second term
The Senate has confirmed Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term of five years.
Senate panel endorses Godwin Emefiele for second term, dismisses ‘stolen’ N500 billion allegation
The senate committee on banking, insurance and other financial institutions has approved of a second term for Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).
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Court orders Ekiti university to reinstate sacked workers
The National Industrial Court in Akure has ordered the Ekiti State University (EKSU), Ado Ekiti, Ekiti State, to reinstate 85 non-teaching staff members sacked by the institution in December 2019.
INEC to hold Aba Reps by-election on March 27
The Independent National Electoral Commission (INEC) has fixed March 27, for the Aba North/South Federal Constituency by-election in Abia.
Troops foil Boko Haram attack, rescue passengers in Borno
Nigerian troops have foiled an attack from Boko Haram and ISWAP and rescued passengers along the Maiduguri-Damaturu highway in the Auno axis of Borno State.
SSANU, NASU suspends strike after three weeks
The Joint Action Committee, JAC, of non-teaching staff unions of universities has announced the suspension of its three weeks old strike with effect from midnight of February 26.
NDLEA boss urges Nigerians to take ownership of war against drug abuse
The Chairman/Chief Executive of the National Drug Law Enforcement Agency, NDLEA, Brig. General Mohamed Buba Marwa, has urged Nigerians to take ownership of the renewed fight against the menace of drug abuse in the country.
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Leeds boss says club should wait before extending his contract
Marcelo Bielsa said on Monday it would be better for Leeds to wait until the end of the season before deciding whether to extend his contract.
Delta CP expresses worry over incessant killing of police officers
Delta state Commissioner of Police, Muhammed Ali, has decried the rising cases of policemen killings in some parts of the state and warned members of the syndicate involved in the dastardly act to desist or be prepared to face dire consequences.
Borno governor orders special medicals for nine wounded CJTFs
Borno State Governor, Professor Babagana Umara Zulum, spent Thursday in Dikwa, supervising distribution of social protect cash and food varieties to 34,000 vulnerable women and male households.
100 metre world champion Christian Coleman suspended for anti-doping violation
100 metre world champion Christian Coleman has been provisionally suspended after he violated anti-doping rules by missing a third test.
Benue SUBEB boss: Worsening insecurity retarding educational development in Nigeria
The Executive Chairman of Benue State Universal Basic Education Board, SUBEB, Comrade Joseph Utse on Friday lamented that the worsening insecurity in the country is retarding educational development in all parts of the country.