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Guatemala Court Jails Ex-Police Chief, Six Officers Over Torture, Killing Of Gay Couple

Felix Ifijeh, THEWILL -
The victims, 28-year-old Guatemalan Eldin Choc and 45-year-old Salvadoran-Canadian Milton Santamaria, were detained in April 2024 following an alleged altercation at a shop before being taken to a police station in San Andres Itzapa.
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BusinessOgochukwu Onwaeze, THEWILL -

CBN Cuts Rates By 350bps, But Banks Still Earn Above 17 Percent On Securities

The CBN reduced its Monetary Policy Rate from 26.5 percent to 23 percent in September, signalling a shift towards a less restrictive monetary policy environment. However, yields on Open Market Operations bills and Federal Government bonds have remained elevated, cushioning the immediate impact of the policy change on banks’ investment income.
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