CBN Targets Major Boost in Agricultural Lending Beyond 5% of Bank Credit
The Central Bank of Nigeria (CBN) has declared its determination to raise agricultural lending beyond the current level of less ...
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Tag: #NigeriaEconomy
World Bank Loans to Nigeria Hit $9.65bn Between 2023 and 2025
World Bank loans to Nigeria between 2023 and 2025 are projected to reach $9.65bn by the end of 2025, driven ...
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Senate Demands Explanation from CBN Over Alleged N1.44 Trillion Unremitted Surplus
The Senate on Thursday demanded a detailed explanation from the Central Bank of Nigeria (CBN) over the alleged non-remittance of ...
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CBN Injects $536.6m into FX Market in November as Naira Closes at N1,447.95/$1
The Central Bank of Nigeria (CBN) injected an estimated $536.6 million into the foreign exchange (FX) market in November in ...
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Nigeria Losing Billions to Failed Projects, CIPMN Warns as Enforcement Begins
The Chartered Institute of Project Managers of Nigeria (CIPMN) has warned of the growing financial threat posed by failed and ...
Read moreCBN Holds Benchmark Rate at 27% as MPC Signals Cautious Easing Path
Nigeria’s monetary authorities opted for stability at the November meeting as the Monetary Policy Committee (MPC) of the Central Bank ...
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Manufacturers Demand Lower Interest Rates as CBN Retains MPR at 27%
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria to further cut interest rates, warning that ...
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CBN Retains MPR at 27% as 16 Banks Meet New Capital Requirements
The Central Bank of Nigeria (CBN) yesterday voted to retain the Monetary Policy Rate (MPR) at 27%, emphasizing the need ...
Read moreCBN Holds Benchmark Interest Rate at 27% Amid Economic Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has decided to maintain the benchmark interest rate at 27 ...
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States Owe N1.06tn to Contractors and Retirees Despite Record 2024 Revenues
States across Nigeria owe a combined N1.06tn in outstanding obligations to contractors and retirees despite receiving record revenue inflows in ...
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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.