Finance
MPC Urges Strategic Reforms to Attract Sustainable Foreign Direct Investment in Nigeria
Members of the Monetary Policy Committee (MPC) have called for concerted efforts by the Central Bank of Nigeria (CBN) and...
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Increased Loan Inflows Drive 19% Surge in Nigeria’s Capital Importation in January 2024
Capital importation into Nigeria saw a significant boost in January 2024, increasing by 19% month-on-month (MoM) to $330 million from...
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Eyowo Rebounds as Central Bank of Nigeria Fully Reinstates Licence
Eyowo, a prominent Nigerian fintech company, has made a notable comeback with the full reinstatement of its licence by the...
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Nigeria Secures $925M Lifeline from Afrieximbank Amidst Naira Depreciation
As the naira continues to weaken, nearing the 1,500/dollar band in both the official and parallel foreign exchange markets, the...
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NIBSS Downtime Causes Delays in Electronic Transactions, Fintechs Alert Customers
The Nigeria Inter-Bank Settlement System (NIBSS) is currently experiencing a significant downtime, causing widespread delays in completing electronic transactions. This...
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Alpha Mead Facilities & Management Services Limited Registers ₦5.00 Billion Commercial Paper Programme on FMDQ Exchange
To ensure sustained business operations in today's challenging economic environment, corporates are exploring alternative financing options by accessing the Nigerian...
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FirstBank Maintains Impressive Performance, Posts N238.53bn Pbt In Q1 2024
FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024...
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CBN Attributes Forex Market Instability to Seasonal Demands, Raises Interest Rates
The Central Bank of Nigeria (CBN) has linked the recent instability in the foreign exchange market to seasonal demands, according...
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UK Government’s MOBILIST Programme Underlines Commitment to Nigeria’s Capital Market for Sustainable Development
The UK Government shares the belief that Nigeria will benefit from the further development of its capital market and is...
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Fintech Firms to Resume Onboarding New Customers Under Stronger Regulatory Framework -CBN
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including prominent fintech firms like OPay, Palmpay, Kuda...
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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.