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Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts

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Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with banks raising lending rates for the biggest borrowers despite the Central Bank of Nigeria (CBN) lowering interest rate.
Another headline features civil servants, under the aegis of Joint National Public Service Negotiating Council (JNPSNC) defending the N70,000 transportation allowance agreement reached between the federal government and organised labour, insisting that the rejection of the deal by the Trade Union Congress of Nigeria (TUC) would not affect its implementation.
Vanguard also reports that the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, faul...

Source: Vanguard News

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