CBN Launches New Benchmark Interest Rate to Boost Financial Market Transparency
The Central Bank of Nigeria (CBN) has launched the Nigerian Overnight Financing Rate (NOFR), a new transaction-based benchmark interest rate ...
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Tag: #FinancialMarkets
Capital Market Operators Finalise Systems Upgrade Ahead of Nigeria’s T+1 Settlement Rollout
Capital market operators have intensified software and technological upgrades across their internal systems ahead of Nigeria’s historic transition to a ...
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FMDQ Exchange Records N249.18tn Market Turnover in First Four Months of 2026
The FMDQ Exchange recorded a total market turnover of N249.18 trillion between January and April 2026, equivalent to approximately $180.85 ...
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Nigeria Plans N700 Billion Domestic Bond Sale Amid Sustained High Interest Rates
The Federal Government, through the Debt Management Office (DMO), plans to raise N700 billion from the domestic debt market in ...
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Asian Stocks Hit Record High as US Tech Rebound Lifts Market Sentiment
Asian stocks extended their rally to a fresh record, buoyed by a rebound in US technology shares that helped ease ...
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Nigeria’s Money Market Faces Sustained Liquidity Pressure Amid CBN Tightening
Nigeria’s money market remained under sustained pressure in January 2026, as the Central Bank of Nigeria (CBN) continued its aggressive ...
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Gold and Silver Plunge as Global Stocks Tumble After January Rally
Gold and silver extended sharp declines on Monday, following a dramatic market reversal that erased gains made in January. Gold ...
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Ecobank Nigeria Fully Repays Bondholders Ahead of February 2026 Maturity
Ecobank Nigeria Limited has fully repaid bondholders who validly tendered their notes ahead of the February 2026 maturity date, underscoring ...
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Nigeria’s Pension Assets Hit ₦26.66tr in October on Strong Money Market, Equity Gains
Nigeria’s total pension assets rose to ₦26.66 trillion in October 2025, representing a 2.19% month-on-month increase from ₦26.09 trillion recorded ...
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FIRS Orders 10% Withholding Tax on Short-Term Securities Interest
The Federal Inland Revenue Service (FIRS) has issued a directive requiring banks, stockbrokers, and other financial institutions to deduct a ...
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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.