Nigeria’s Revenue Declined By 65%, Says Finance Minister       The Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria’s revenue has dropped by 65 per cent hence the decision of President Muhammadu Buhari to discontinue the payment of petrol subsidy. Ahmed said this on NTA’s...

CBN Retains LDR At 65%   The Central Bank of Nigeria has retained the Loan to Deposit Ratio (LDR) for the banking sector at 65 per cent. The apex bank said this in a circular issued to the Deposit Money Banks dated January 7, 2020. The circular with...

CBN Raises Banks’ LDR To 65% As Credit Grows   The Central Bank of Nigeria has raised the Loan to Deposit Ratio of banks to 65 per cent, after the September 30 deadline given to the banks to meet its 60 per cent directive. The apex bank...

Price Of Oil Tumbles To $65 On Saudi Recovery   The international oil benchmark, Brent crude, dropped sharply on Tuesday, following Monday’s surge that sent shock waves around the world. Brent, against which Nigeria’s crude oil is price, surged by nearly 20 per cent on Monday after...

65,370 Assets Registered in Collateral Registry Not less than 65,370 moveable assets have been registered at the National Collateral Registry (NCR) as at 20th March 2019. The registered assets include but not limited to consumer household goods, motorcycle, motor vehicle; jewelry, refrigerator and assorted electronics with...