CBN reduces bank’s LDR to 50% to improve real sector lending
April 18, 2024 The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 per cent to 50 per cent. This is according…
CBN: Confronting Inflation And Other Challenges, By Arize Nwobu
In confronting inflation and other economic challenges, the Governor Central Bank of Nigeria (CBN), Olayemi Cardoso recently cleared the air and noted that the present CBN management was not responsible…
MPC: Increasing MPR to 22.5%, CRR, to 45% will further worsen the economic situation – Obi
Feb. 29, 2024 The Presidential candidate of the Labour Party at the 2023 General elections, Peter Obi is of the opinion that the recent decision by the Monetary Policy Committee…
Former Niger rebel creates movement to reinstate ousted president Bazoum
August 9, 2023 A former rebel leader and politician in Niger, Rhissa Ag Boula, has created a political movement called the Council of Resistance for the Republic (CRR) to restore…
Nigeria@62: I share in your pains, your resilience won’t be in vain – Buhari to Nigerians
October 1, 2022 …Lists areas of significant progress President Muhammadu Buhari says he shares in the pains of Nigerians as the country marks her 62nd Independence anniversary. The President stated…
CBN cuts MPR to 12.5 %, retains other rates
The Central Bank of Nigeria on Thursday reduced its monetary policy rate to 12.5 percent from its previous 13.50 percent, as part of efforts to combat the economic effects of the…
New World abortion map shows “overwhelming” trend towards liberalisation
A new world map of abortion laws shows an “overwhelming” trend towards liberalisation, reproductive health experts said on Tuesday, despite a flurry of restrictions passed by U.S. states. But the…