Finance
CBN Holds Benchmark Interest Rate at 27.5% to Sustain Disinflation Momentum
The Central Bank of Nigeria (CBN) has decided to maintain all key monetary policy parameters, including the Monetary Policy Rate...
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Eight Banks Surpass CBN’s Recapitalisation Target as MPC Retains Key Policy Rates
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that eight deposit money banks have already...
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Nigeria Loses $18bn Yearly to Illicit Financial Flows — FIRS Chairman
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has revealed that Nigeria loses $18 billion...
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CBN Governor Warns of Inflation Risk from Rising FAAC-Induced Liquidity
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over mounting inflationary risks tied to rising...
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SEC to Launch USSD Code for Verifying Capital Market Operators
The Securities and Exchange Commission (SEC) has announced plans to introduce a USSD code system that will enable Nigerians to...
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Dollar Rebounds as Markets Steady After Powell Speculation Shakes US Trading
The U.S. dollar regained ground on Thursday, recouping losses from a turbulent Wednesday as global markets responded to speculation about...
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Nigeria’s Insurance Sector Assets Hit N4.2tn in Q1 2025, Gross Premium Soars 63.4%
Nigeria’s insurance sector recorded a robust 27.3% year-on-year asset growth in the first quarter of 2025 (Q1 2025), with total...
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UBA Celebrates 10 Years of Digital Transformation with VERiCASH, Launches Customer Reward Promo
United Bank for Africa (UBA) Plc, Africa’s Global Bank, is marking 10 years of groundbreaking digital transformation through its long-standing...
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PFAs’ Investment in Stocks and Treasury Bills Surges 48% to N3.35tn — PenCom
The Pension Fund Administrators (PFAs) in Nigeria have significantly increased their investment in the domestic stock market and Nigeria Treasury...
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Bank Customers Withdraw N923.16bn in One Year — CBN Report
The Central Bank of Nigeria (CBN) has revealed that N923.16 billion was withdrawn from the banking system by customers between...
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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.