Binder1, friday, june 27, 2014

Page 1

Sanctity of Truth Facebook.com/newtelegraph

Friday, June 27, 2014 Vol. 1 No. 129

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Reps summon CBN gov over new policy on BDC … pensioners begin contempt action against apex bank Joseph Onyekwere and Philip Nyam

T

he House of Representatives yesterday summoned the Central

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Nigeria’s most authoritative newspaper in politics and business

Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele, to appear before its Banking and Currency Committee to provide “full brief on the policy somer-

sault” to the lawmakers. The House also asked the management of CBN to suspend the new requirements for operators of Bureau De Change (BDC) till

further notice. The resolution was consequent upon a motion brought by Ibrahim Shehu Gusau (PDP, Zamfara) titled ‘urgent need to halt recent

increase in capital base for Bureau De Change’. In his lead debate, Gusau noted that the CBN had raised the minimum capital requirement for operation of BDCs in Ni-

Senate in rowdy session over Ekiti poll }7

CONTINUED ON PAGE 7

SSS: We got wind of attack two weeks ago

...Arrests sponsor of 486 ‘travellers’ lSoldiers insist on ID card at checkpoints lNew Telegraph’s Managing Editor, Bisalla, buried amid tears

Final prayers for Bisalla led by Assistant Chief Imam of the National Mosque, Shehu Usman, at Gudu Cemetery, Abuja...yesterday.

}2-6

PHOTO: Timothy Ikuomenisan


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Binder1, friday, june 27, 2014 by Newtelegraphonline - Issuu