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CBN confirms inactivity of Presidential Foreign Investment Promotion Council accounts

The Central Bank of Nigeria (CBN) stated that two foreign currency accounts linked to the Presidential Foreign Investment Promotion Council remained dormant due to a lack of authorized signatories. This clarification addresses concerns regarding the legitimacy and operational status of the entity.

Premium Timesabout 10 hours agoNGCredibility 21%View source

Score Breakdown

Mosaic Score2.1
Confidence0.9
Significance0.1
Source credibility0.2

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Abuja

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country
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