FG’s N205 Billion Payment to Gencos Boosts Power Sector Liquidity
The federal government has taken a significant step towards resolving the liquidity challenges in Nigeria's power sector by offsetting N205...
FirstBank Commemorates its Annual Corporate Responsibility & Sustainability Week
FirstBank, the West African premier financial institution and financial inclusion services provider is proud to announce its 2024 Corporate Responsibility...
Nigeria’s FX Reserves Decline Amid CBN Interventions, Naira Faces Continued Pressure
Nigeria's foreign exchange (FX) reserves decreased by USD301.32 million week-on-week to USD36.53 billion as of August 15, 2024. This decline...
NGX All All-Share Index declines by 1.5%
The Nigerian stock market saw a reversal of last week’s gains as profit-taking activities intensified, particularly in BUACEMENT, which experienced...
Nigeria’s Inflation Rate Eases for the First Time in 19 Months, Driven by Lower Food Prices
For the first time in 19 months, Nigeria's inflation rate eased, reflecting the impact of a high statistical base from...
Nigeria’s Crude Oil Production Sees Modest Rise Amidst Ongoing Challenges
According to newly released data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, has...
Global Stocks Surge on Easing Inflation and Positive Economic Data, Fueling Optimism for Potential Fed Rate Cut
Global stock markets experienced a robust rebound this week, buoyed by signs of easing inflation and stronger-than-expected economic data, which...
US Inflation Eases to 2.9% in July, Lowest Level Since March 2021; Fed Rate Cut Expected in September
The Bureau of Labor Statistics (BLS) has reported that headline inflation in the United States eased by 10 basis points...
UK Economy Shows Resilience with 0.6% GDP Growth in Q2 2024, Supported by Government Spending and Household Consumption
The United Kingdom's economy continued to display resilience in the second quarter of 2024, with real GDP growing by 0.6%...
LCCI Urges Sustained Policy Interventions as Inflation Eases to 33.40% in July
The Nigerian business community has received a welcome development as the National Bureau of Statistics (NBS) reported a slight moderation...
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.