Crude Oil Production Hits Three-Month High in May
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, rose to a...
UK Headline Inflation Slows to 2.0% in May, Lowest Since July 2021
The Office for National Statistics (ONS) has reported a notable slowdown in headline inflation in the UK, which decelerated by...
NIMC Flags Unauthorized Websites for Illegally Collecting Nigerians’ Data
NIMC’s spokesperson, Kayode Adegoke, has warned the public to avoid five websites flagged by the commission for allegedly collecting Nigerians'...
Eyowo Rebounds as Central Bank of Nigeria Fully Reinstates Licence
Eyowo, a prominent Nigerian fintech company, has made a notable comeback with the full reinstatement of its licence by the...
Stock Market Recap: Gains in ZENITHBANK and FBNH Drive Index Up Amid Mixed Sector Performance
Last week, the Nigerian stock market experienced a selloff in key stocks such as SEPLAT (-1.30% w/w), GTCO (-0.12% w/w),...
Romco Recycling Company Limited Quotes ₦1.26 Billion Commercial Papers on FMDQ Exchange
In keeping with its commitment to provide a reliable and credible platform to support capital formation, FMDQ Exchange has announced...
Nigeria Secures $925M Lifeline from Afrieximbank Amidst Naira Depreciation
As the naira continues to weaken, nearing the 1,500/dollar band in both the official and parallel foreign exchange markets, the...
NIBSS Downtime Causes Delays in Electronic Transactions, Fintechs Alert Customers
The Nigeria Inter-Bank Settlement System (NIBSS) is currently experiencing a significant downtime, causing widespread delays in completing electronic transactions. This...
Funding for 20 Modular Refineries in Nigeria Stalled Due to Crude Oil Supply Guarantee Issues
International financiers, who were set to fund the construction of approximately 20 modular refineries in Nigeria, have withheld their funds...
Power Distribution Companies Earn N292.71bn in Q1 Despite Consumer Complaints and Debt Issues
Power distribution companies in Nigeria generated a total revenue of N292.71 billion in the first quarter of this year, even...
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.