Finance
CBN Urges Banks to Hasten Recapitalization Efforts Amid Interest Rate Hike
In a bid to strengthen the financial sector and guard against potential risks, the Central Bank of Nigeria (CBN) has...
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CBN Slashes Exchange Rate as Dollar Sale Commences
In a significant move aimed at stabilizing the forex market, the Central Bank of Nigeria (CBN) has announced a reduction...
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CBN Raises Interest Rates Amid Inflationary Pressure
In its latest decision, the Monetary Policy Committee (MPC) has opted for a significant 200 basis points hike in the...
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NGX RegCo and FRCN Unveil Roadmap for Sustainability Financial Reporting Standard Adoption
In a joint effort aimed at advancing sustainable business practices, the Nigerian Exchange Regulation Limited (NGX RegCo) and the Financial...
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VAT Collections Soar in Q4-23, Hit NGN1.20 Trillion: NBS Report
The National Bureau of Statistics (NBS) has reported a significant surge in Value Added Tax (VAT) collections in the fourth...
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Nigeria’s FX Reserves Pause Growth, Naira Appreciates
Nigeria's foreign exchange (FX) reserves halted their five-week accretion trend as the gross reserves level decreased by USD96.41 million week-on-week...
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Global Money Week: CBN, NGX, Partners Boost Students’ Financial Literacy
Nigerian Exchange Limited, Central Bank of Nigeria and other capital market operators have organised a symposium to boost the financial...
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CBN Announces Settlement of All Valid Foreign Exchange Backlogs
The Central Bank of Nigeria (CBN) declared yesterday that it has successfully settled all valid Foreign Exchange (FX) backlogs owed...
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CBN Lifts FX Restrictions on Importation of Milk and Dairy Products
The Central Bank of Nigeria (CBN) has announced the lifting of restrictions on the importation of milk and dairy products....
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CBN Slashes Customs Duty Exchange Rate Again Amid Naira Strengthening
In a move reflective of the Naira's recent strengthening against the US Dollar, the Central Bank of Nigeria (CBN) has...
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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.