Recapitalisation Deadline Looms as 13 Banks Race to Meet CBN Capital Threshold
Fresh concerns are emerging over the fate of at least 13 banks still racing to meet new minimum capital requirements ...
Read more
Tag: #CBN
Central Bank of Nigeria: Banks Raise N4.05 Trillion as Recapitalisation Deadline Nears
Banks have raised a total of N4.05 trillion under the ongoing recapitalisation programme of the Central Bank of Nigeria, with ...
Read more
LCCI Backs CBN’s 50 Basis Point Rate Cut, Seeks Sustained Easing Cycle
The Lagos Chamber of Commerce and Industry has welcomed the decision of the Monetary Policy Committee of the Central Bank ...
Read more
CBN Cuts Benchmark Interest Rate to 26.5% Amid Easing Inflation
The Central Bank of Nigeria (CBN) on Tuesday reduced its Monetary Policy Rate (MPR) to 26.5 percent, marking the second ...
Read more
Access Holdings, UBA Boards Approve 2025 Results, Proposed Dividends
The boards of Access Holdings Plc and United Bank for Africa Plc have approved their audited financial results and proposed ...
Read more
FCMB Nears N500bn Recapitalisation Target for International Banking Licence
FCMB Group is close to meeting the N500 billion recapitalisation target required for an international banking licence, according to sources ...
Read more
Nigeria’s Treasury Bills Auction Attracts N4.28 Trillion, One-Year Bills Most in Demand
The Central Bank of Nigeria (CBN) and Debt Management Office (DMO) have revealed that Wednesday’s treasury bills auction attracted N4.28 ...
Read more
CBN Governor Urges African Central Banks to Drive Industrialisation and Climate Resilience
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged central banks and development finance institutions across ...
Read more
Inflation Slowdown Raises Hopes of Rate Cut as CBN MPC Meets Next Week
The unexpected slowdown in inflation has strengthened expectations that the Monetary Policy Committee of the Central Bank of Nigeria could ...
Read more
Data Privacy Fears Threaten Nigeria’s Financial Inclusion Goals
Growing concerns over data privacy and security are emerging as a major barrier to Nigeria’s financial inclusion drive, despite years ...
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.