Banking
UBA Celebrates 10 Years of Digital Transformation with VERiCASH, Launches Customer Reward Promo
United Bank for Africa (UBA) Plc, Africa’s Global Bank, is marking 10 years of groundbreaking digital transformation through its long-standing...
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Bank Customers Withdraw N923.16bn in One Year — CBN Report
The Central Bank of Nigeria (CBN) has revealed that N923.16 billion was withdrawn from the banking system by customers between...
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CBN Directs Banks to Submit Capital Restoration Plans as Forbearance Regime Winds Down
The Central Bank of Nigeria (CBN) has issued a directive to banks operating under regulatory forbearance to submit a Capital...
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CBN Clarifies: No Hidden Charges for BVN; $50 NRBVN Fee Covers Processing for Diaspora Nigerians
The Central Bank of Nigeria (CBN) has clarified that no hidden charges have been introduced to the Bank Verification Number...
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NDIC Seeks Stronger Judicial Partnership to Bolster Depositor Confidence
The Nigeria Deposit Insurance Corporation (NDIC) has underscored the critical role of the judiciary in safeguarding Nigeria’s financial system, calling...
Read moreBanks Outline Exit Plans from CBN Forbearance as Market Reacts to Dividend Ban
In response to the Central Bank of Nigeria’s (CBN) recent directive halting dividend payments, bonuses, and new foreign investments for...
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Ecobank Raises Additional $125m via Eurobond Tap, Expands 2029 Notes to $525m
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has raised an additional $125 million through a Eurobond...
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CBN Raises N2.93 Trillion from T-Bills and OMO Auctions Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has successfully raised N2.93 trillion through recent auctions of Treasury Bills (T-Bills) and Open...
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NDIC Begins Payment of N46.6bn Liquidation Dividends to Heritage Bank Depositors
NDIC Begins Payment has commenced the payment of N46.6 billion as the first tranche of liquidation dividends to depositors of...
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CBN, Stakeholders, Experts Discuss Urgency in Building Economic Resilience as Banking Recapitalization Gains Momentum
In 2024, the Central Bank of Nigeria (CBN) launched a sweeping recapitalization mandate requiring banks to raise their minimum paid-in...
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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.