{"id":6252,"date":"2026-11-02T10:01:05","date_gmt":"2026-11-02T10:01:05","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/02\/nigerian-newspapers-review-banks-raise-lending-rates-for-top-borrowers-despite-cbn-cuts\/"},"modified":"2026-11-02T10:01:05","modified_gmt":"2026-11-02T10:01:05","slug":"nigerian-newspapers-review-banks-raise-lending-rates-for-top-borrowers-despite-cbn-cuts","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/02\/nigerian-newspapers-review-banks-raise-lending-rates-for-top-borrowers-despite-cbn-cuts\/","title":{"rendered":"Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts"},"content":{"rendered":"<div><img width=\"730\" height=\"441\" src=\"https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2022\/11\/Naira-redesign.webp\" class=\"attachment-large size-large wp-post-image\" alt=\"Relief for Nigerians as banks dispense, accept old Naira notes\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2022\/11\/Naira-redesign.webp 730w, https:\/\/cdn.vanguardngr.com\/wp-content\/uploads\/2022\/11\/Naira-redesign-300x181.webp 300w\" sizes=\"(max-width: 730px) 100vw, 730px\"><\/p>\n<p class=\"wp-block-paragraph\">In today\u2019s Nigerian newspapers review programme, Today in the News, Vanguard leads with\u00a0banks raising lending rates for the biggest borrowers despite the Central Bank of Nigeria (CBN) lowering interest rate.<\/p>\n<p class=\"wp-block-paragraph\">Another <strong><a href=\"https:\/\/www.vanguardngr.com\/2026\/11\/n70000-allowance-showdown-civil-servants-fire-back-at-tuc\/amp\/\" data-type=\"link\" data-id=\"https:\/\/www.vanguardngr.com\/2026\/11\/n70000-allowance-showdown-civil-servants-fire-back-at-tuc\/amp\/\" target=\"_blank\" rel=\"noreferrer noopener\">headline<\/a><\/strong> features civil servants, under the aegis of Joint National Public Service Negotiating Council\u00a0(JNPSNC) defending\u00a0the 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\u00a0(TUC)\u00a0would not affect its implementation.<\/p>\n<p class=\"wp-block-paragraph\">Vanguard also reports that the\u00a0General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, faulted media reports linking a placard he carried during a prayer walk to former President Goodluck Jonathan\u2019s administration.<\/p>\n<p class=\"wp-block-paragraph\">Moving to another newspaper, The Guardian reports that the presidential\u00a0candidate of the Nigeria Democratic Congress (NDC), Peter Obi, accused President Bola Tinubu\u2019s administration of piling up debts without delivering meaningful improvements in the living conditions of Nigerians.<\/p>\n<p class=\"wp-block-paragraph\">The Punch leads with the Federal Government vowing\u00a0to crack down on inflated public contracts and procurement violations,\u00a0and\u00a0warning heads of government-owned agencies, corporations, councils, authorities and commissions that they risk sanctions for breaching procurement regulations.<\/p>\n<p class=\"wp-block-paragraph\">Lastly, The Nation leads with\u00a0President Bola Tinubu\u2019s re-election bid getting\u00a0a big boost at the weekend with endorsements from Anambra State Governor Chukwuma Soludo, Kano State Governor Abba Yusuf, Minister of Works Dave Umahi and\u00a0Deputy Senate President Barau Jibrin\u00a0among others.<\/p>\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.vanguardngr.com\/\" data-type=\"link\" data-id=\"https:\/\/www.vanguardngr.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vanguard News<\/a><\/strong><\/p>\n<p class=\"wp-block-paragraph\">\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/11\/nigerian-newspapers-review-banks-raise-lending-rates-for-top-borrowers-despite-cbn-cuts\/\">Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts<\/a> appeared first on <a href=\"https:\/\/www.vanguardngr.com\/\">Vanguard News<\/a>.<\/p>\n<\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">Vanguard News<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In today\u2019s Nigerian newspapers review programme, Today in the News, Vanguard leads with\u00a0banks raising lending rates for the biggest borrowers despite the Central Bank of Nigeria (CBN) lowering interest rate.&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-6252","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/6252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=6252"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/6252\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=6252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=6252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=6252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}