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CBN reduces banks’ LDR to 50%

The Central Bank of Nigeria (CBN) has announced a downward review of the loan-to-deposit ratio (LDR). CBN reduced the LDR from 65 to 50 percent to align with the ongoing

12 banks debited N499bn for inability to meet loan ratio

The Central Bank of Nigeria (CBN) says 12 banks have been debited N499 billion for failing to give out 60% of their deposits as loans. The cash reserve of the

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