CBN Grants 82 BDCs $150,000 Weekly FX Access to Boost Liquidity
Expectations of improved foreign exchange liquidity have strengthened across Nigeria’s financial markets following the decision of the Central Bank of ...
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Tag: #CBN
Nigeria Customs Service Says It Does Not Set Forex Rates for Trade Valuation
The Nigeria Customs Service on Monday clarified that it does not determine or manipulate foreign exchange rates used for import ...
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Olayemi Cardoso Pledges Stronger Continental Ties After Nigeria Secures AMI Board Seat
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has pledged to deepen cooperation with continental partners following Nigeria’s approval ...
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Majority of Nigerians Want Lending Rates Cut Ahead of CBN MPC Meeting
As members of the Monetary Policy Committee of the Central Bank of Nigeria prepare for their 304th meeting on February ...
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CBN Approves BDC Participation in Nigerian Foreign Exchange Market
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian ...
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CBN Governor Warns Excess Liquidity, 2027 Elections Could Threaten Nigeria’s Economic Stability
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has cautioned that excess liquidity in the financial system, combined with the ...
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CBN, NCC Propose 30-Second Refund for Failed Airtime, Data Purchases
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have proposed that customers must receive refunds within ...
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Unpaid FX Forwards Still Hurting Manufacturers Despite CBN’s Claims — MAN
The Manufacturers Association of Nigeria (MAN) has said that not all manufacturing companies have been paid for their unpaid foreign ...
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CBN to Issue Open Banking Implementation Roadmap Within Three Months
The Central Bank of Nigeria (CBN) will issue an implementation roadmap for Open Banking within the next three months as ...
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Nigeria’s Fintech Sector Grows 70% in 2025 Despite Global Economic Headwinds — CBN
Nigeria’s financial technology sector recorded an impressive 70 per cent growth in 2025, defying a challenging global economic environment, according ...
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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.