Finance
SEC to enforce payment of regulatory fees
The Securities and Exchange Commission (SEC) has reminded all fund managers that payment of the annual supervisory fee to the...
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CBN, SEC, others to lift financial sector with fresh N1.54tn investment
Federal Government Ministries, Departments and Agencies, especially financial services regulators are to invest N1.54tn in five years to boost liquidity...
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Nigeria’s debt vulnerable, costly, alerts World Bank
The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According...
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CBN urged to review forex ban on 40 items
The Centre for the Promotion of Private Enterprise (CPPE), an economic think tank, has advised the Central Bank of Nigeria...
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PoS transactions hit N13.67tn in three years, cheque usage drops
Nigerians have continued to abandon cheque transactions as Point of Sale transactions rise to N13.67tn in three years, according to...
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CBN withholds Stanbic-IBTC’s N488bn over LDR default
For Stanbic IBTC Plc, it is time for stocktaking and more due diligence to save management the red of its...
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Shareholders decry effect of Cash Reserve Ratio on banks
Shareholders under the aegis of Independence Shareholders Association of Nigeria (ISAN) have expressed displeasure at high Cash Reserve Ratio (CRR)...
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Currency in Circulation Crosses N3trn Mark in November
The Central Bank of Nigeria (CBN) has disclosed that the currency in circulation grew by 6.2 per cent from N2.97trillion...
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Shareholders Approve Access Bank’s Planned Holdco Structure
Shareholders of Access Bank Plc yesterday approved a Holding company structure (Holdco) for the bank. The shareholders at the court...
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SEC to Charge 0.025% Regulatory Fee on Fixed Income Transactions from Jan 1
The Securities and Exchange Commission ( SEC) yesterday said it will commence 0.025 per cent regulatory fee on fixed income...
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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.