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Banks raise lending rates for top borrowers despite CBN cuts

Vanguard ·

*Raise prime rates in 8 sectors, cut maximum rates *Agric, construction, manufacturing face higher rates *Analysts warn of delayed impact of CBN rate cuts By Babajide Komolafe, Economy Editor Despite interest rate reductions by the Central Bank of Nigeria (CBN), banks have raised average prime…

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  4. Britain shouldn’t apologise for slave trade; Africa profited — Kemi Badenoch Vanguard ·

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  6. Elite path for China’s returning students, CCP promotions: 5 weekend reads you missed South China Morning Post ·

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  7. Christians in Nigeria still face unspeakable violence — US Rep Moore Vanguard ·

    •Says fight against persecution must continue one year after CPC designation By Nkiruka Nnorom A member of United States House of Representatives, Riley Moore, has said Christians in Nigeria have continued to face unspeakable violence, one year after Nigeria was designated Country of Particular…

  8. Bitcoin claws back toward $79,000 as markets shake off crypto's biggest hack CoinDesk ·

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  9. Lazio pull clear at Serie A summit Express Tribune ·

    Lazio coach Gennaro Gattuso warned his team not to get carried away after they surged three points clear of Inter Milan at the top of Serie A on Sunday with a 2-1 victory over Cagliari. Lazio made a poor start as Cagliari took the lead through M'Bala Nzola in the 20th minute before goals in either…

  10. Almgren wins debut marathon in New York Express Tribune ·

    Sweden's Andreas Almgren won the New York City Marathon, clocking 2hr 6min 1sec in a spectacular debut at the distance on Sunday. The 31-year-old Almgren, in the spotlight after setting a European half-marathon record in Copenhagen in September, powered through the final mile to capture the victory…

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