CBN Mandates Routing of All POS Transactions Through Licensed Aggregators, NIBSS and UPSL
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (POS) transactions in the country must now...
SEC Embraces Blockchain Potential to Revolutionize Nigeria’s Capital Markets
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the commission’s recognition of blockchain...
Nigeria’s Crude Oil Production Rises to 1.352mbpd in August, OPEC Report Shows
Nigeria’s crude oil production increased marginally from 1.307 million barrels per day (mbpd) in July to 1.352mbpd in August 2024,...
Eurozone Private Sector Activity Reaches 3-Month High Amid Mixed Sector Performance
In August 2024, the Eurozone's private sector activity saw a modest uplift, with the Composite Purchasing Managers' Index (PMI) rising...
Nigerian Equities Market Faces 0.2% Decline as Profit-Taking Hits Key Stocks
The Nigerian equities market, which began the week with promising gains, experienced a setback as profit-taking activities led to a...
FX Reserves Decline for 5th Consecutive Week Amid Tight Foreign Exchange Supply
Nigeria’s foreign exchange (FX) reserves have decreased by USD1.03 million week-on-week (w/w), bringing the total to USD36.30 billion as of...
Stanbic IBTC PMI Report: Stagnation in Nigerian Private Sector as Business Activity Flatlines in August
Business activities in Nigeria's private sector remained broadly stagnant in August, as reflected in the latest Stanbic IBTC Bank Purchasing...
LCCI Lauds Nigeria’s Q2 2024 GDP Growth, Calls for Sustained Reforms Across Key Sectors
The Lagos Chamber of Commerce and Industry (LCCI) has commended Nigeria's impressive economic performance in the second quarter of 2024,...
NNPCL Admits Financial Strain Could Disrupt Petrol Supply as Debt Reaches $6 Billion
Nigeria National Petroleum Company Limited (NNPCL) has acknowledged that its ongoing financial challenges may jeopardize the sustainability of petrol supply...
Nigerian Households Maintain Cautious Optimism for Economic Recovery Despite Rising Loan Interest Rates
Nigerian households are cautiously optimistic about the country's economic prospects over the next three to six months, even as concerns...
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.