Finance
Central Bank of Nigeria Allocates N689 Billion to MSME Sector Over 10 Years
Over a period of 10 years, the Central Bank of Nigeria (CBN) has allocated 6.63% of the total N10.39 trillion...
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Nigeria’s Foreign Exchange Reserves Increase, Naira Appreciates Amidst CBN’s Stabilization Efforts
Nigeria's foreign exchange (FX) reserves witnessed a notable increase, rising by USD 209.89 million week-on-week to reach USD 34.42 billion...
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CBN Donates 2.1 Million Bags Of Fertilizer To Agric Ministry For Wet Season Farming
In a bid to support farmers and address food inflation, the Central Bank of Nigeria (CBN) handed over 2.1 million...
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Customs Foreign Exchange Duty Rate Slashed by 5.3% by the Central Bank of Nigeria
In a move aimed at fostering economic stability, the Central Bank of Nigeria (CBN) has announced a further reduction in...
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NGX Group Declares N5.2 Billion Profit After Tax and N1.5 Billion Dividend in Full-Year 2023 Financial Results
Nigerian Exchange Group Plc (NGX Group or the Company) is pleased to announce its full-year Audited Financial Statements for the...
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YouThrive: Access Bank set to empower over 700,000 MSMEs with 50bn loans
Access Bank,Nigeria’s largest bank by customer base with a global footprint beyond Africa has launched a “YouThrive” initiative which targets...
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CBN Sets $500 Limit for Cash Dollar Purchases, Introduces Prepaid NGN Card for Non-Residents
The Central Bank of Nigeria (CBN) has implemented new measures to regulate cash dollar purchases, limiting transactions to $500 per...
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CBN Issues Risk-Based Cybersecurity Framework and Guidelines for Banks
The Central Bank of Nigeria (CBN) has released an Exposure Draft of the Risk-Based Cybersecurity Framework and Guidelines for Deposit...
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Central Bank of Nigeria Issues Comprehensive Reversed Regulatory and Supervisory Guidelines for Bureau De Change Operations
...Stricter Regulations and Defined Boundaries Set to Govern BDC Activities In a significant move to tighten oversight and streamline operations...
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Revaluation of Dollar-Denominated Loans Triggers Drop in Nigerian Banking Sector’s Solvency
The Central Bank of Nigeria (CBN) Financial Stability Report (FSR) for the first half of 2023 reveals that the solvency...
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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.