CBN Bars Banks from Granting Credit to Large Borrowers with Non-Performing Loans
The Central Bank of Nigeria (CBN) has directed banks to deny certain banking services and additional credit facilities to large ...
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Tag: #CBN
Nigeria Spends $5.21bn on External Debt Servicing in 2025
Nigeria spent about $5.21bn servicing its external debt obligations in 2025, accounting for more than 72 per cent of the ...
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CBN Gives Banks 18 Months to Comply with New Automated Anti-Money Laundering Standards
The Central Bank of Nigeria (CBN) has given Deposit Money Banks 18 months to fully comply with its newly introduced ...
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Tatum Bank Meets CBN Capitalisation Requirement
Tatum Bank has announced that it has successfully met its capitalisation milestone in line with regulatory requirements set by the ...
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CBN Withdraws N13.41 Trillion from Financial System in January 2026
The Central Bank of Nigeria (CBN) withdrew N13.41 trillion from the financial system in January 2026, nearly five times the ...
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CBN Adds $3.5bn Worth of Gold to Nigeria’s Foreign Reserves
The Central Bank of Nigeria (CBN) has strengthened the country’s foreign reserves with the addition of $3.5 billion worth of ...
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Nigeria’s Net FX Reserves Jump to $34.8 Billion at End-2025
Nigeria’s net foreign exchange reserves surged to $34.80 billion at the end of 2025, reflecting a significant improvement in the ...
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Union Bank Assures Customers of Stability Amid CBN Regulatory Oversight Comments
Union Bank of Nigeria has reassured customers and stakeholders of operational stability and the safety of deposits following recent remarks ...
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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 ...
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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 ...
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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.