The windfall won’t change

The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 per cent to 50 per cent.

A man identified as Paul Opemipo has been sentenced to nine months imprisonment for failing to use the pedestrian bridge in Lagos State. Lagos Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this on his X handle. Opemipo was sentenced on Wednesday, 17 April 2024, by the Mobile Court sitting at Oshodi. According to…

Eight people were reported injured Thursday after a 6.3-magnitude earthquake struck off southwestern Japan, but there appeared to be no major damage or tsunami. The epicentre of the quake, which hit at 11:14 pm (1414 GMT) Wednesday, was located between the islands of Kyushu and Shikoku, the US Geological Survey said. Japan experiences around 1,500…

As the 2024 Unified Tertiary Matriculation Examination (UTME) begins Friday, April 19, the Joint Admissions and Matriculation Board (JAMB) has directed all Computer-Based Test (CBT) centre owners to arrest any parent, found near any of their facilities during the exercise. JAMB Spokesperson, Dr. Fabian Benjamin, in a statement, said the directive was issued at the…

Receiving dignitaries at his Florida estate and courting leaders shunned elsewhere as autocratic, Donald Trump is increasingly leading a shadow diplomacy diametrically opposed to US President Joe Biden.