CBN reduces banks’ loan-to-deposit ratio by 15%
The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks by 15 per cent to align with…
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Deposit Money Banks (DMBs)
CBN halts Banks from spending Forex revaluation gains
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to stop using foreign exchange revaluation gains for…
Telcos issue banks disconnection notice over N120bn USSD debt
Telecommunication firms have issued Deposit Money Banks disconnection notice amid a disagreement over Unstructured…
Polls: Banks announce early closure today
Deposit Money Banks (DMBs) have announced early closing hours for today to enable customers and staff prepare for tomorrow’s…
Exclusive: Six Deposit Money Banks (DMBs) fund Lagos Blue, Red rail lines…
Six Deposit Money Banks (DMBs) in Nigeria have provided the required funding for the on-going Lagos Blue, Red rail lines…