Govts are major debtors to DisCos
State governments have been identified as major debtors to DisCos according to the Senate Committee on Power. Educational institutions and...
Operators say new bill threat to telecoms investment
A new bill proposing to replace the Federal Government information technology (IT) development agency law is threatening the nation’s largest...
Oil prices creep higher as recession fears begin to fade
Oil prices rose slightly on Monday as traders remained cautious despite receding fears of a recession in the U.S., which...
FG, FAO sign agreement on implementation of $99.5m new framework
The United Nations Food and Agriculture Organisation (FAO) and the Nigerian Government have signed an agreement with the federal government...
Banking sector credit to private rises to N43trn in 3 months – CBN
The total amount of loans given to the Nigerian organized private sector by the banking industry rose to N43 trillion...
Oil communities, firms partner on $5bn investment fund
The Host Communities of Nigeria Producing Oil and Gas had said it is targeting a $5bn fund in partnership with...
Federal roads: FG pays states N860bn in eight years
The Federal Government has refunded N859.7bn to various state governments as reimbursement for out-of-pocket expenditures incurred in constructing federal roads...
Govt agencies, military owe electricity firms — Senate
The Federal Government has said that the cost of electricity consumption in Nigeria is among the cheapest and most defaulted...
Reps raise Buhari’s extra-budgetary spending to N23.7tn
The House of Representatives, on Thursday, approved Ways and Means Advances obtained by the Federal Government from the Central Bank...
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.