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AHMAD ABDULLAHI

The Central Bank of Nigeria (CBN) has retained the Loan to Deposit Ratio (LDR) at 65% against the widely projected percentage (70%) for 2020.
CBN has refunded some DMBs that were imposed a cumulative N500bn “penalties” for breaching the it’s directive on lending to the real sector of the economy.
The CBN has fined twelve Nigerian banks for breaching the regulator’s directive on lending to the real sector of the economy.