The House of Representatives has resolved to look into reported cases of fake naira notes being dispensed by Automated Teller Machines (ATMs). The lawmakers noted that the negative trend has the potential of affecting the cash-less economy policy and the economic growth of the country at large. Consequently, House Committee on […]
Tag: House of Representatives
Oteh: Presidency, House Rift Deepens over SEC
There seems to be no end to the muscle-flexing between the legislature and executive on the 2013 budget as the House of Representatives, yesterday moved to enforce its zero budget resolution on the Securities and Exchange Commission (SEC). In what could be described as a foreclosure of President Goodluck Jonathan’s […]
Reps ask CBN to implement single-digit lending rate
The House of Representatives on Wednesday pushed for a single-digit benchmark lending rate in the country’s banking industry. It directed its Committee on Banking and Currency to engage the Central Bank of Nigeria on the matter with a view to implementing a single-digit lending rate. It said this would encourage […]
