Business Confidence Nears Record Low as Fuel Subsidy Removal Intensifies Price Pressures, says Stanbic IBTC
According to Stanbic IBTC's Purchasing Managers Index (PMI) report, the removal of the fuel subsidy in Nigeria in June led...
Banks’ Credit Surges by N4.54 Trillion in One Year, Reflecting Industry Growth
The Nigerian banking industry witnessed a substantial increase in total credit, with a rise of N4.54 trillion or 17.40% recorded...
Inflation Surges: Beef, Rice, Yam Prices Experience Significant Increases in May – NBS
According to data from the National Bureau of Statistics (NBS), prices of essential food items such as beef, rice, yam,...
Nigerian Telecoms Sector Considers Data Regulation with NCC Proposing N10 Million Fine for Defaulters
The Nigerian Communications Commission (NCC) is contemplating the introduction of data regulation for the country's telecommunications sector. The proposed regulation,...
Asian Shares Decline as China’s Slow Services Growth Raises Economic Recovery Concerns
Asian shares experienced a decline on Wednesday as the growth rate of China's services industry slowed, exacerbating concerns about the...
Oil Prices Retreat Amid Global Economic Slowdown Concerns
Oil prices experienced a decline on Wednesday, reversing earlier gains prompted by Saudi Arabia and Russia's announcement to extend and...
Banks’ borrowing from CBN intensifies, rises 140% to N10.35trn
There are indications that banks in Nigeria are increasingly relying on the Central Bank of Nigeria, CBN, for liquidity as...
Nigeria earns $11 billion from oil exports in five months
Nigeria earned about $11 billion from crude oil exports in the first half of the year. The latest revenues fact...
DMO Opens Subscription For 2 FGN Savings Bonds
Nigeria’s China loan repayment The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN) Savings Bonds for...
Oil steady as markets weigh supply cuts against mixed macro views
Oil prices held steady early on Tuesday as markets weighed supply woes from cuts for August by top exporters Saudi...
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.