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Banks May Lend Additional N690bn To Meet LDR Requirements

For Nigerian banks to effectively meet the 65 percent minimum loan-to-deposit ratio (LDR) requirement as set by the Central Bank of Nigeria (CBN), they would need to book an estimated N690 billion in additional loans by March 2020, according to an analyst at Moody’s Investors Service. Peter Mushangwe, London-based banking analysts at Moody’s, said in

I’m Leaving Big Shoes Behind For My Successor — Dickson

Yenagoa  – Governor Seriake Dickson of Bayelsa State has said he would be leaving behind very big shoes for his successor to fill after eight years of sustained efforts to develop the state. He said his administration had raised the bar of performance for succeeding governments by making deliberate, painstaking sacrifices and ambitious investments in

Over Half Of World GDP Threatened By Climate Crisis — Report

As policymakers and business leaders around the world arrive in Davos, Switzerland, for the World Economic Forum (WEF) today, a research report says over half of the world’s GDP (gross domestic product) is exposed to risks from nature loss. The report entitled, ‘The New Nature Economic Report’, produced by WEF, in collaboration with PwC U.K.,

Anxiety In Kano, Sokoto, Bauchi, Benue, Plateau

Temidayo Akinsuyi; Anolu Vincent  Lagos / Owerri – There is anxiety in Kano, Sokoto, Bauchi, Benue and Plateau as the Supreme Court will today deliver judgment on the March 9, 2019 governorship election in the states. According to Daily Independent findings, the apprehension in the states is connected to last Tuesday’s judgment of the Supreme Court,

My Reelection Already Settled — Obaseki

Lagos – Governor Godwin Obaseki of Edo State on Sunday declared that he is not worried about the forthcoming governorship election in the state, saying it has already been settled by the people of the state who have promised him continuity in office. Speaking during a well-attended Town Hall meeting of Edo State people in

Progress Stalled In Fight Against Boko Haram — EU

The European Parliament, the legislative branch of the European Union, said that progress has stalled in the fight against Boko Haram and Islamic State’s West Africa Province (ISWAP), deploring the increased occurrence and severity of suicide attacks and direct attacks against military positions. The parliament in Strasbourg, France, made these known in its resolution of

Why Amotekun Is Necessary — Atiku

Abuja – Atiku Abubakar, former vice president and presidential candidate of the Peoples Democratic Party (PDP) in the last general election, on Sunday explained why security outfits like Amotekun should be encouraged in the country. While noting that such security outfits would complement the current federal police, Atiku threw his weight behind the introduction of state,

Why Delta State Must Produce Managing Director Of NDDC – Igbini

Comrade (Engr) Igbini Odafe Emmanuel is the National President, Vanguard for Transparent Leadership and Democracy (VATLAD). In this interview with FELIX IGBEKOYI, on Nigeria Delta traditional rulers, Niger Delta Development Commission (NDDC) and others. Excerpts:   Recently, some highly placed traditional rulers and leaders of Delta State declared that Delta State is justified to produce Chairman

Those Saying Oshiomhole Has Been Winning Elections For APC Are Deluded – Idahosa

 Chief Charles Idahosa, a former Commissioner for Information in Edo state is a chieftain of the All Progressives Congress (APC). In this interview with TEMIDAYO AKINSUYI, he speaks on latest developments in the party, Operation Amotekun and other issues. Excerpts:  As one of the leaders of APC, what is your take on the development in

How Supreme Court Judgment Reunited Uzodinma, Okorocha

OWERRI  – Upon the restoration of democracy in the country in 1999, the Peoples Democratic Party (PDP) which formed the federal government with former military Head of State – Chief Olusegun Obasanjo as president was quite ubiquitous in the Imo state and the entire southeast.  Populated by the political heavy weights in the state with

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