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CBN Reduces Banks’ Loan-to-Deposit Ratio to 50%
The Central Bank of Nigeria (CBN) has slashed banks’ Loan-to-Deposit Ratio (LDR) from 65% to 50% to enhance lending to the real sector...
NewsPolitics
FG Inaugurates 17-man Committee for 2024 Democracy Day Celebration
The Federal Government has inaugurated an Inter-Ministerial Committee for the upcoming 2024 Democracy Day Celebration. This was conveyed through a statement on Wednesday...
NewsWorld
Israel To Decide Its Response To Iran Attack, Prime Minister Says
Israeli Prime Minister, Benjamin Netanyahu, declared on Wednesday that Israel will independently decide its response to Iran’s massive air attack earlier in the...
BusinessNews
Soldiers in Custody Over Alleged Theft of 897 Armoured Cables at Dangote Refinery
The Nigerian Army has detained two soldiers accused of stealing armoured cables at the Dangote refinery, according to a statement released on Wednesday...
NewsPolitics
Peter Obi Calls for Urgent Action to Salvage Nigeria’s Electricity Sector
Peter Obi, the presidential candidate of the Labour Party, has highlighted the urgent need for government intervention to avert the looming collapse of...
BusinessFinanceNews
CBN reduces commercial banks access to loans by 50%
The Central Bank of Nigeria (CBN) has reduced the loan-to-deposit ratio (LDR) for commercial banks from 65% to 50% as a means to...
News
Federal High Court Grants EFCC Warrant to Apprehend Yahaya Bello
A Federal High Court in Abuja on Wednesday granted the Economic and Financial Crimes Commission (EFCC) a warrant to arrest Yahaya Bello, the...
NewsSecurity
Plateau: Gunmen Kill over 30 in Bokkos Communities
Communities in Bokkos Local Government Area of Plateau State are again gripped by unrest as over 30 people have been killed in renewed...
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”Money na water,” Cubana Chief Priest brags after N10 Million Bail
Popular businessman and socialite, Pascal Okechukwu, better known as Cubana Chief Priest, reacted following his release on bail after fulfilling a N10 million...
Human RightsNewsPolitics
Court threatens to adjourn Kanu’s case indefinitely
A Federal High Court sitting in Abuja on Wednesday threatened to adjourn the trial of the leader of the Indigenous People of Biafra...
HealthNewsWorld
Nestlé Faces Scrutiny Over Sugar Addition to Infant Foods in Developing Countries, Report Reveals
Nestlé, the global consumer goods giant, has come under scrutiny following a report revealing the addition of sugar and honey to infant milk...
News
Adogba, Alakia, Other Ibadan Areas to Face 7-Hour Blackout – TCN
The Transmission Company of Nigeria (TCN) has said some parts of Ibadan would experience power interruption due to the annual preventive maintenance on...