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CBN reduces bank’s LDR to 50% to improve real sector lending

CBN reduces bank’s LDR to 50% to improve real sector lending

the CBN has decided to reduce the LDR by 15 percentage points to 50 per cent, in a similar proportion to the increase the CRR rates for banks.

18 April 2024 10:40 AM GMT
Betta Edu: EFCC recovers N30bn, places 50 bank accounts under investigation

Betta Edu: EFCC recovers N30bn, places 50 bank accounts under investigation

President Bola Tinubu had in January, suspended both Edu and Shehu over alleged payment of N585 million humanitarian funds meant for vulnerable groups in Akwa Ibom, Lagos state, Cross River and Ogun...

9 April 2024 5:03 AM GMT