CBN confirms opening PFIPC accounts on Accountant-General’s directive

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The Central Bank of Nigeria (CBN) has confirmed that it opened two domiciliary accounts linked to the controversial Presidential Foreign Investment Promotion Council (PFIPC) following a directive from the Office of the Accountant-General of the Federation (OAGF), but insisted that the accounts were never funded or operated.

The disclosure was made on Monday by the Director of Banking Services…

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