CBN Raises Foreign Tuition Remittance Cap to $25,000 per Semester in FX Reform Push
The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange (FX) tuition fee remittance for Nigerian students studying ...
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Tag: #CBN
Abbey Mortgage Bank Secures CBN Approval to Become Commercial Bank
Abbey Mortgage Bank Plc has secured regulatory approval from the Central Bank of Nigeria (CBN) to convert into a commercial ...
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Naira Holds Steady at ₦1,373/$ as Forex Market Maintains Stability
The naira remained stable against the United States dollar on Wednesday, according to the latest available data from the Central ...
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CBN Reassigns Four Deputy Governors in Leadership Reshuffle
The Central Bank of Nigeria (CBN) has reassigned all four deputy governors in a major leadership reshuffle aimed at strengthening ...
Read moreCBN Unveils Payments System Vision 2028 to Deepen Financial Inclusion and Drive Digital Economy Growth
The Central Bank of Nigeria (CBN) has launched its ambitious Payments System Vision (PSV) 2028, a strategic roadmap designed to ...
Read moreCBN Mop Up N1.945tn in OMO Auction Amid Surging Liquidity Pressures
The Central Bank of Nigeria (CBN) has absorbed N1.945 trillion from the financial system through its Open Market Operations (OMO) ...
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Banks’ Lending to Government Jumps by N15.66tn as Private Sector Credit Slows
Credit extended by Nigerian banks to the Federal Government increased by N15.66 trillion over the past year, significantly outpacing growth ...
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CBN Suspends Further Interest Rate Cuts Over Global Economic Uncertainty
The Central Bank of Nigeria (CBN) has reportedly paused further interest rate cuts as concerns grow over global disinflation risks ...
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Retail Lending Declines as Consumer Credit Rises to N3.81tn
Retail lending declined in January 2026 despite continued growth in consumer and personal loans, reflecting tighter liquidity conditions in the ...
Read moreCBN Mops Up Record ₦3.69tn in Aggressive OMO Auction to Tighten Liquidity
The Central Bank of Nigeria (CBN) conducted one of its most aggressive Open Market Operations auctions on May 21, 2026, ...
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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.