Home Topics Senate Committee on Banking Insurance and other Financial Institutions
Senate Committee on Banking Insurance and other Financial Institutions
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.
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.
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.
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.
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.
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.
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.
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.
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.
The Senate on Thursday confirmed nominees appointed by President Muhammadu Buhari to serve on the board of the National Hajj Commission of Nigeria (NAHCON).
The Senate on Wednesday condemned the abduction and killings of Nigerian citizens from Plateau State by Boko Haram.
Senate on Wednesday began the Confirmation process of Edward Lametek Adamu as the Chairman of the Asset Management Corporation of Nigeria, AMCON.
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.
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.
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.
The Senate has confirmed Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term of five years.
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).
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.
The Independent National Electoral Commission (INEC) has fixed March 27, for the Aba North/South Federal Constituency by-election in Abia.
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.
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.
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.
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 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 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 has been provisionally suspended after he violated anti-doping rules by missing a third test.
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.