Finance
CBN Reports Record $553 Million Remittance Inflows for July 2024
The Central Bank of Nigeria (CBN) announced a record-breaking remittance inflow of $553 million in July 2024. This marks a...
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FirstBank Commemorates its Annual Corporate Responsibility & Sustainability Week
FirstBank, the West African premier financial institution and financial inclusion services provider is proud to announce its 2024 Corporate Responsibility...
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Nigeria’s FX Reserves Decline Amid CBN Interventions, Naira Faces Continued Pressure
Nigeria's foreign exchange (FX) reserves decreased by USD301.32 million week-on-week to USD36.53 billion as of August 15, 2024. This decline...
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NDIC Pays 82% of Heritage Bank Depositors Following Rapid Response to Bank’s Liquidation
The Nigeria Deposit Insurance Corporation (NDIC) has announced that approximately 82.36% of depositors from the recently liquidated Heritage Bank have...
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CBN Reintroduces Retail Dutch Auction System, Auctions $876 Million to Stabilize Naira
In a significant move to address the growing demand for foreign exchange and stabilize the naira, the Central Bank of...
Read moreNigeria’s FX Reserves Edge Higher as Naira Appreciates Following CBN’s Retail Dutch Auction
Nigeria's foreign exchange (FX) reserves continued their upward trend this week, albeit at a slower pace, with the gross reserves...
Read moreESG: FIRSTBANK Wins 2024 Euromoney Award For Nigeria’s Best Bank
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney...
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Nigeria Partners with World Bank to Boost Land Formalization and Unlock $300 Billion in Dead Capital
The Federal Government of Nigeria has announced a strategic partnership with the World Bank Group to significantly increase land formalisation...
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Central Bank of Nigeria Clarifies Guidelines on Dormant Accounts and Unclaimed Balances
The Central Bank of Nigeria (CBN) has issued a clarification that only accounts inactive for over 10 years will be...
Read moreExciting Prizes To Be Won With FIRSTBANK Visa Gold and Visa Infinite Cards In 2024 Summer Campaign
FirstBank, the West African premier financial institution and financial inclusion services provider announces its continuous VISA Cross Border and Summer...
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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.