Thursday, September 21, 2023

threshold

Banks weigh options for meeting the new LDR threshold

Deposit money banks are reassessing their strategy to meet the new minimum Loan-to-Deposit Ratio, LDR, of 65 percent prescribed by the Central Bank of Nigeria, CBN, mid last year. This followed the insistence of the apex bank in ensuring the...
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Kano residents regret 24-hour curfew

Residents, especially business owners, of Kano, Nigeria's northern commercial hub, are counting their losses after police imposed a 24-hour...
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