Nigeria’s Prime Lending Rate Rises to 18.88% in August Despite MPR Reduction
The average prime lending rate in Nigeria’s banking sector rose to 18.88 per cent in August 2025, up from 18.54 ...
Read more
Tag: #BankingSector
NDIC, CIBN Strengthen Partnership to Tackle Emerging Banking Risks
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has called ...
Read more
CBN Monitors Banks’ Recapitalisation Compliance Ahead of Deadline
The Central Bank of Nigeria (CBN) has said it is closely monitoring banks to ensure strict compliance with the recapitalisation ...
Read more
Central Bank of Nigeria (CBN) Reports N18.04 Trillion Borrowed by Banks in October 2024 Amid Liquidity Crisis
Financial data released by the Central Bank of Nigeria (CBN) reveals that deposit money banks and merchant banks in the ...
Read more
Nigerian Stock Market Sustains Positive Momentum Driven by Q3 Earnings
The Nigerian stock market last week on a positive note, maintaining its upward momentum as investors reacted positively to third-quarter ...
Read more
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.