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PFIPC scandal: CBN opens up on fake agency’s bank accounts

The Central Bank of Nigeria, CBN, has revealed that two foreign currency accounts opened in connection with the controversial Presidential Foreign Investment Promotion Council, PFIPC, have remained inactive since their creation, with no funds deposited and no transactions recorded. Representatives of the apex bank made…

July 20, 2026 Nigeria

The Central Bank of Nigeria, CBN, has revealed that two foreign currency accounts opened in connection with the controversial Presidential Foreign Investment Promotion Council, PFIPC, have remained inactive since their creation, with no funds deposited and no transactions recorded. Representatives of the apex bank made…

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