Finance
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...
Read moreBank Credit to Private Sector Surges to N76.94 Trillion in January 2024
In January 2024, bank credit to the private sector in Nigeria surged to N76.94 trillion, marking an impressive increase of...
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Firstbank Set To Reward Customers With 36 Million Naira In The Second Season Of Its Firstmobile Cash-Out Promo
FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution....
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Fitch Rates Nigerian Banks Stable Amid Macroeconomic Challenges
Global rating agency Fitch Ratings has affirmed that several Nigerian banks possess intrinsic strengths enabling them to maintain a stable...
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President Tinubu Appoints Olayemi Cardoso as Chairman of CBN’s Monetary Policy Committee
President Bola Ahmed Tinubu has appointed Olayemi Cardoso, the current Governor of the Central Bank of Nigeria (CBN), as 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.