CBN reduces banks’ loan-to-deposit ratio to 50% | The Guardian Nigeria News

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3 hours ago

The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent. The aim of the review is to align with the current monetary tightening. The apex bank disclosed this in a circular on Wednesday titled ‘Re: Regulatory Measures to Improve Lending to the…

3 hours ago

The Economic and Financial Crimes Commission, (EFCC) will on Thursday, April 18, 2024 arraign a former governor of Kogi State, Yahaya Adoza Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu on 19- count charges bordering…

5 hours ago

The ruling All Progressives Congress (APC) has dragged Justice Usman Na’Abba of the Kano High Court for allegedly breaching the extant provision of the law while granting an Ex-parte motion suspending its national chairman, Dr. Abdullahi Umar Ganduje from the…



Source: Guardian Newspaper