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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 4:10 PM IST
Bobrisky: Naira mutilation conviction and matters arising

Bobrisky: Naira mutilation conviction and matters arising

Naira abuse has been illegal in Nigeria for a long time, but praying naira notes or throwing its bundles during social events a tradition in Nigeria for many years as many have not been brought to...

16 April 2024 4:18 PM IST