Nigeria’s Metering Progress Stalls Amid Rise in Estimated Billing Practices, NBS Data Reveals
Despite significant progress in increasing the number of metered electricity consumers in Nigeria, the issue of estimated billing remains a...
NAFDAC Strengthens Regulatory Framework to Boost Nigeria’s Non-Oil Exports Amid Rising Rejection Rates
In a bid to address the growing challenge of rejected Nigerian food exports, the National Agency for Food and Drug...
CBN’s Strategic Policy Shifts Fuel Record-High Remittance Inflows, Boost Naira Liquidity
The Central Bank of Nigeria (CBN) has reported a significant 130% increase in remittance inflows, totaling $553 million in July...
NNPCL Repays 60% of $1.036 Billion Loan for Stake in Dangote Refinery, Highlights Commitment to Strategic Investment
The Nigerian National Petroleum Company Limited (NNPCL) has made significant progress in repaying a $1.036 billion loan used to finance...
Oil Prices Ease as U.S. Crude Stocks Rise Amid Diplomatic Efforts in Middle East
Oil prices experienced a slight decline on Wednesday, driven by a combination of rising U.S. crude inventories and diplomatic developments...
European Futures Gain as Investors Eye U.S. Jobs Data Amid Global Market Jitters
European futures edged up by 0.2% on Thursday, showing resilience despite a pullback in Asian markets, as investors positioned themselves...
CBN Reports Record $553 Million Remittance Inflows for July 2024
The Central Bank of Nigeria (CBN) announced a record-breaking remittance inflow of $553 million in July 2024. This marks a...
Oil Prices Dip Amid Easing Middle East Tensions and Weaker Chinese Demand Outlook
Oil prices edged lower on Tuesday as market sentiment was buoyed by news that Israel had accepted a proposal addressing...
Global Markets Rally as Investors Anticipate Fed Rate Cuts Amid Positive Sentiment
Global markets continued their upward trajectory, with European and U.S. futures rising alongside Asian stocks, as investor optimism grew on...
FGN Launches $500 Million Domestic US Dollar Bond with 9.75% Interest Rate
The Federal Government of Nigeria (FGN) has introduced its first-ever $500 million Domestic US Dollar Bond, offering investors an attractive...
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.