59 mins ago
The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent. The aim of the review is to align with the current monetary tightening. The apex bank disclosed this in a circular on Wednesday titled ‘Re: Regulatory Measures to Improve Lending to the…
1 hour ago
The Economic and Financial Crimes Commission, (EFCC) will on Thursday, April 18, 2024 arraign a former governor of Kogi State, Yahaya Adoza Bello before a Federal High Court sitting in Abuja. He will be arraigned before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu on 19- count charges bordering…
3 hours ago
The ruling All Progressives Congress (APC) has dragged Justice Usman Na'Abba of the Kano High Court for allegedly breaching the extant provision of the law while granting an Ex-parte motion suspending its national chairman, Dr. Abdullahi Umar Ganduje from the party. In a petition to the Chief Justice of Nigeria, Olukayode Ariwoola, and the NJC,…
3 hours ago
The Northern Elders Forum (NEF) has distanced itself from the widely reported news that the Northern region regrets voting for President Bola Tinubu. NEF in a statement by its Deputy Director General II, Salisu Mohammed, said the forum is not engaged in the politics of the 2027 election or decided on whom to support or…
4 hours ago
The Minister of Works, Engineer David Umahi, has been assured of the full backing of the Nigerian military in realising the lofty road infrastructure objectives of the Renewed Hope agenda of President Bola Tinubu. Giving the assurance, the Nigerian Chief of Defence Staff (CDS), General Christopher Musa, while on a courtesy call to the Works…
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