CBN grants Airtel approval to operate mobile money banking
Airtel Africa has confirmed that the Central Bank of Nigeria has awarded its subsidiary, Airtel Mobile Commerce Nigeria Ltd, with...
FG gets $124m AfDB loan to fund Akure Water Supply, sanitation project
Federal Government has obtained a $124.2 million loan from African Development Bank and Africa Growing Together Fund to fund Urban...
Currency in Circulation Drops by N4.59bn to N3.24trn in March
The Central Bank of Nigeria (CBN) has disclosed that currency in circulation dropped Month-on-Month (MoM) by N4.59 billion or 0.14...
Manufacturers borrow N1.03tn from banks, debts hit N4.2tn
Operators in the nation’s manufacturing sector saw their combined debt to Nigerian banks rise to N4.19tn in January 2022. This...
SEC restates market capacity to fund infrastructure, long-term projects
The Securities and Exchange Commission (SEC) has restated the vital role the capital market plays in the development of any...
PENCOM Approves Norrenberger’s Acquisition of IEI-Anchor Pension
The National Pension Commission (PENCOM) has approved Norrenberger’s acquisition of IEI-Anchor Pension. By this move, Norrenberger through its acquisition of...
Stocks Fall as Dimming Growth Outlook Saps Mood
Most Asian stocks fell Wednesday as mixed corporate earnings, China’s Covid challenges and the prospect of aggressive Federal Reserve monetary...
Oil extends gains on Russia-Europe tension, China stimulus hopes
Oil prices extended gains in early Asian trade on Wednesday as geopolitical tensions simmered with Russia warning of gas supply...
Economic crisis worsens as forex inflows fall by $9.58bn
Foreign exchange inflows into the economy declined in the fourth quarter of 2021, owing to lower receipts from the Central...
Manufacturers borrow N1.03tn from banks, debts hit N4.2tn
Operators in the nation’s manufacturing sector saw their combined debt to Nigerian banks rise to N4.19tn in January 2022. This...
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.