Business/Economy - Page 27

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
LCCI president advocates discipline, export to sustain Naira appreciation

LCCI president advocates discipline, export to sustain Naira appreciation

The abuses in the foreign currency market were prevalent and most of the fall in the value of the Naira in the last six months is not because there was any sudden calamity in Nigerian economy.

17 April 2024 8:22 PM IST