CBN Grants Temporary Approval for Use of Expired NAFDAC Licences in Import Documentation
The Central Bank of Nigeria (CBN) has approved a temporary window allowing importers to use expired National Agency for Food ...
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Tag: #CBN
CBN Sets New ATM Standards, Orders One ATM per 5,000 Cards by 2028
The Central Bank of Nigeria (CBN) has issued new minimum standards for the deployment, operation, maintenance, and security of Automated ...
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CBN Records 199% Oversubscription at Treasury Bills Auction as Investors Chase High Yields
The Central Bank of Nigeria (CBN) recorded an oversubscription rate of about 199 per cent at its Nigerian Treasury Bills ...
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Five CBN MPC Members Back 50bps Rate Cut despite rates retention
Five members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) voted for a 50-basis-point reduction in the Monetary ...
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Nigerians Withdraw ₦36.34 Trillion from ATMs in H1 2025 Despite CBN Higher Fees
Nigerians continued to rely heavily on cash withdrawals in the first half of 2025, accessing ₦36.34 trillion via Automated Teller ...
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CBN Says 20 Banks Meet New Capital Requirements, Shifts Focus to Credit Growth
The Central Bank of Nigeria (CBN) has disclosed that about 20 deposit money banks have already met the new capital ...
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FX Inflows Rebound in December as CBN Steps Up Dollar Sales
Foreign exchange (FX) inflows into Nigeria’s currency market rebounded sharply in December, driven largely by increased dollar sales from the ...
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UBA Surpasses CBN Capital Requirement After Raising N157.84bn from Rights Issue
United Bank for Africa Plc (UBA) has exceeded the N500 billion minimum capital requirement set by the Central Bank of ...
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CBN Warns Bank Recapitalisation May Crowd Out Non-Bank Issuers in Capital Market
The Central Bank of Nigeria (CBN) has cautioned that the ongoing banking sector recapitalisation could heighten concentration risk in Nigeria’s ...
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RMB Nigeria Meets CBN’s New Minimum Capital Requirement Ahead of Deadline
Rand Merchant Bank Nigeria Limited (RMB Nigeria) has announced that it has successfully met the new minimum capital requirement set ...
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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.