NDIC Expands Grassroots Engagement to Boost Depositor Confidence
The Nigeria Deposit Insurance Corporation has intensified grassroots stakeholder engagement as part of efforts to reinforce trust in the Nigerian ...
Read more
Tag: #FinancialStability
NDIC Says 99% of Bank Depositors Fully Covered, Urges BVN Linkage for Seamless Payouts
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that about 99 per cent of depositors in Nigerian banks are fully ...
Read more
Kenya’s Central Bank to Buy Gold, Diversifying Foreign Exchange Reserves
Kenya’s Central Bank (CBK) has announced plans to purchase gold as part of a strategy to diversify its foreign exchange ...
Read more
NDIC Vows to Deploy New Powers Under 2023 Act to Recover Failed Banks’ Debts
The Nigeria Deposit Insurance Corporation has vowed to fully deploy its enhanced enforcement powers under the NDIC Act 2023 to ...
Read more
World Bank Cuts CBN Grant to $6.8m, Board Approval Set for March 27
The World Bank has reduced the size of a proposed grant to the Central Bank of Nigeria (CBN) from $10.50 ...
Read more
CBN Says 20 Banks Meet New Capital Requirements, Shifts Focus to Credit Growth
The Central Bank of Nigeria (CBN) has disclosed that about 20 deposit money banks have already met the new capital ...
Read more
CBN Tightens Grip as Banking Sector Races to Meet 2026 Recapitalisation Deadline
Nigeria’s banking sector is witnessing heightened activity as the Central Bank of Nigeria (CBN) intensifies enforcement of its ongoing recapitalisation ...
Read more
NDIC Reiterates Compliance with Fiscal Responsibility Act, Assures Federal Government of Statutory Remittances
The Nigeria Deposit Insurance Corporation (NDIC) has restated its unwavering commitment to fiscal discipline, accountability, and transparency, reaffirming that it ...
Read more
NDIC, NIBSS to Partner on Faster Depositor Reimbursement in Bank Failures
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc are set to formalise a strategic ...
Read more
Experts Call for Stronger Policy Coordination as Fiscal Dominance, Import Dependence Threaten Nigeria’s Financial Stability
Monetary and fiscal policies are far more than economic jargon — they are the twin engines that power a nation’s ...
Read more
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.