CBN Warns Nigerians of Rising Cyber Fraud, Urges Vigilance Against Fake Messages
The Central Bank of Nigeria (CBN) has alerted Nigerians to a surge in cyber fraud attempts involving fake messages and ...
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Tag: #CBN
Banks Park N4.1tn with CBN Despite System Liquidity Deficit
Banks operating in Nigeria deposited about N4.1 trillion with the Central Bank of Nigeria over five days, even as the ...
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CBN, NCC Sign Pact to Combat SIM-Related Fraud and Boost Consumer Protection
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) on Monday signed a Memorandum of Understanding aimed ...
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CBN Says Reforms Help Nigeria Withstand Global Economic Shocks Despite Rising Inflation
The Central Bank of Nigeria (CBN) has said that recent reforms in the country’s monetary and financial system have helped ...
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CBN Introduces Nigerian Overnight Financing Rate to Strengthen Money Market Transparency
The Central Bank of Nigeria (CBN) has introduced the Nigerian Overnight Financing Rate (NOFR), a new benchmark interest rate designed ...
Read moreCBN Mops Up N4.48 Trillion in Liquidity as Banking System Cash Balances Fall Sharply
The Central Bank of Nigeria has withdrawn a total of N4.48 trillion from the banking system within two sessions over ...
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NDIC Begins Final Winding-Up of 89 Failed Microfinance Banks and 1 Mortgage Bank
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and ...
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CBN Proposes Mediation Panel to Fast-Track Resolution of Loan Disputes in Nigeria
The Central Bank of Nigeria has proposed the establishment of a mediation panel to serve as the first point of ...
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Forex Volatility Worsens as Black Market Pressure Widens Gap with Official Exchange Rate
Volatility in Nigeria’s foreign exchange market has been linked to fiscal leakages, speculative trading and arbitrage activities, as the gap ...
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Reps Order CBN to Halt Funding of $460m Abuja CCTV Project Probe
The Ad hoc Committee of the House of Representatives of Nigeria has directed the Central Bank of Nigeria (CBN) to ...
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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.