Godwin Emefiele, CBN governor
The Central Bank of Nigeria(CBN) has directed Deposit Money Banks (DMBs) to maintain the existing Loan to Deposit Ratio of 65 per cent for the interim.
ALSO READ: Business registrations to suffer delay as Buhari returns CAMA Bill to NASS
This is contained in a letter to all banks seen by Tribune Online and signed by the Director of banking supervision CBN, Ahmad Abdullahi.
By this latest directive, the apex banking sector regulator has cleared the air on speculations that it will increase banks’ Loan to Deposit Ratio to 70 per cent by 2020.
Details later …
The United Nations Children’s Fund (UNICEF) has called on journalists across Nigeria to deepen their…
Officials say steady aid flows help reduce chaos, but instability remains a constant threat.
The court ruled that the assault took place while she was intoxicated.
"For the umpteenth time, ACF draws the attention of governments at all levels to the…
“Nigeria and Brazil are both known for their warmth, resilience, vibrant music, Afrobeats and Samba,…
"Other key areas covered in the agreement signed during the technical session include renewable energy,…
This website uses cookies.