Banking
CBN Introduces New Regulations to Strengthen Digital Banking Security and Fraud Control
The Central Bank of Nigeria (CBN) has unveiled new regulations aimed at boosting fraud control and digital banking security across...
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FCMB Raises N500 Billion, Meets CBN’s International Banking Capital Requirement
FCMB Group Plc has successfully raised N500 billion, enabling its banking subsidiary to meet the Central Bank of Nigeria’s (CBN)...
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CBN Bars Banks from Granting Credit to Large Borrowers with Non-Performing Loans
The Central Bank of Nigeria (CBN) has directed banks to deny certain banking services and additional credit facilities to large...
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Ecobank Lending to Women-Led Businesses Jumps 194% to $780m
Ecobank Group has announced a 194 per cent increase in lending to women-led businesses, providing a record $780m in loans...
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CBN Confirms 30 Banks Meet New Capital Requirements Ahead of Deadline
The Central Bank of Nigeria has confirmed that 30 banks have successfully met the new minimum capital requirements under the...
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Signature Bank Strengthens Capital Base to N52 Billion, Surpasses CBN Minimum Requirement
Signature Bank Limited has boosted its capital base to ₦52 billion, exceeding the ₦50 billion minimum requirement set by the...
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CBN Gives Banks 18 Months to Comply with New Automated Anti-Money Laundering Standards
The Central Bank of Nigeria (CBN) has given Deposit Money Banks 18 months to fully comply with its newly introduced...
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FirstBank Launches Affordable Mortgage Initiative Backed by N1 Trillion Federal Fund
For millions of Nigerians, owning a home has long seemed like a distant dream, hampered by rising property costs, double-digit...
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Baobab Microfinance Bank Launches Green Finance Project to Boost Solar Adoption
Baobab Microfinance Bank Nigeria has launched its Green Finance Project as part of efforts to address the growing energy deficit...
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Tatum Bank Meets CBN Capitalisation Requirement
Tatum Bank has announced that it has successfully met its capitalisation milestone in line with regulatory requirements set by the...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.