NNPC Remittance: Atiku condemns CBN’s takeover of crude oil sales

…Says action threatens operational efficiency of NNPC Ltd Presidential Candidate of the Peoples Democratic Party (PDP) in the 2023 General elections and former Vice President, Atiku Abubakar, has condemned the recent directive for Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales from Nigerian National Petroleum Company (NNPC) Limited. In…

Read More

‘Helps with transparency’ — Moghalu praises decision to transfer NNPC’s revenue to CBN

BY BUSOLA ARO Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has praised the decision to transfer revenue of the Nigerian National Petroleum Company (NNPC) Limited to the apex bank. Moghalu’s comment followed the announcement by Olayemi Cardoso, governor of CBN, that NNPC and the ministry of finance have agreed to…

Read More

Ignore Noise From Northern Politicians And Proceed With Relocation Of Central Bank Departments From Abuja To Lagos, Sanusi Tells CBN Gov

SaharaReporters earlier reported that the Arewa Consultative Forum (ACF) kicked against the relocation, describing it as a deliberate plot against the Northern region. The dethroned emir of Kano and former Central Bank of Nigeria’s Governor, Muhammadu Sanusi has defended the relocation of some departments of the apex bank from Abuja to Lagos by the current…

Read More