Finance
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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Moody’s Downgrade of US Credit Rating Sends Markets into Decline
US equity-index futures dropped, and Treasuries yield curve steepened after Moody’s downgraded the US government’s credit rating from its top...
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Tension Rises as CBN’s BDC Recapitalisation Deadline Nears
The Central Bank of Nigeria (CBN) setting a June 3, 2025 deadline for the recapitalisation of Bureau De Change (BDC)...
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$5bn African Energy Bank Nears Launch, Backed by Afreximbank and APPO
Preparations for the official launch of the $5 billion African Energy Bank (AEB) have entered their final phase, according to...
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Nigeria Joins EBRD to Boost Private Sector Access to Global Capital
Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD), in a move set to enhance private sector...
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CBN Cuts Net Loans by ₦4.1tn Amid Overdraft Reduction to FG in 2024
The Central Bank of Nigeria (CBN) has recorded a significant ₦4.145 trillion drop in net loans and receivables in 2024,...
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SEC Launches Comprehensive Technology Adoption Survey for Capital Market Operators
SEC Launches Technology Adoption Assessment for Capital Market Operators The Securities and Exchange Commission (SEC) has officially launched a technology...
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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.