Nigerian Interbank Rate Rises to 20.9% as CBN OMO Sales Tighten Market Liquidity
Overnight borrowing costs edge higher as Open Market Operations and Treasury bill settlements absorb funds from the banking system.
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Tag: #NigeriaFinance
NDIC Warns Nigerians Against Unregulated Schemes, Urges Savings in Licensed Institutions
Deposit insurer says Nigerians should verify financial institutions before committing their savings as Ponzi schemes and unrealistic investment promises continue ...
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Future-Ready Financial System Requires Future-Ready Financial Journalists — Chima
THISDAY Saturday Editor Obinna Chima says Nigeria’s rapidly changing financial landscape demands journalists who can interpret complex data, strengthen financial ...
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SEC Orders Capital Market Operators to Restrict Dealings With North Korea, Iran
The Securities and Exchange Commission(SEC) has directed capital market operators to restrict dealings with financial institutions in North Korea and ...
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FMDQ Group Appoints Zeal Akaraiwe as New CEO, Signals New Growth Phase
FMDQ Group Plc has appointed financial markets expert Zeal Akaraiwe as its new Chief Executive Officer, marking a significant leadership ...
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First HoldCo Shareholders Approve N253bn Capital Raise to Hit N1tn Target
Shareholders of First HoldCo Plc have approved a capital raise of up to N253.099 billion as the group intensifies efforts ...
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Wema Bank Signals Tier-One Ambition, Retains Capital for Future Acquisitions
The Managing Director and Chief Executive Officer of Wema Bank Plc, Moruf Oseni, has hinted at a major structural transformation ...
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Mutual Benefits Assurance Plc Pays Over N5.5bn Claims to Policyholders in April 2026
Mutual Benefits Assurance Plc has announced the disbursement of more than N5.5bn in claims to policyholders for April 2026, highlighting ...
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FTC Marks 50 Years as Stakeholders Celebrate Indigenous Capital Market Legacy
Stakeholders across Nigeria’s capital market ecosystem gathered in Lagos on Thursday to celebrate the 50th anniversary of Financial Trust Company ...
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Access ARM Pensions Confident of Meeting SEC Capital Requirement Ahead of Deadline
Access ARM Pensions has reaffirmed its strong financial position, announcing that it will meet the Securities and Exchange Commission’s new ...
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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.