Central Bank of Nigeria Takes Firm Action, Delists 2,698 BDCs Amidst Reforms
The Central Bank of Nigeria (CBN) has taken a decisive step in its efforts to reform the foreign exchange market...
Senate to Investigate NDDC’s N6.5 Billion Shore-Line Contract Amid Environmental Concerns
The Nigerian Senate has announced its decision to launch an investigation into the N6.5 billion shoreline protection contract awarded by...
Over 1,300 Experts Aserts AI’s Positive Potential in Countering “AI Doom”
Rashik Parmar, CEO of BCS, highlighted that the response from the UK tech community demonstrates a rejection of the "nightmare...
McDonald’s Urged to Close Franchises Following Alarming Abuse Allegations
Amidst distressing claims of abuse, the chair of the Business and Trade Committee, MP Darren Jones, has called on McDonald's...
IPMAN Identifies Reasons for New Hike in Fuel Price to N617 per Litre
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Okoronkwo, has shed light on the recent...
High Food Costs Drive June Inflation Rate to 22.79%
The National Bureau of Statistics (NBS) has reported that the inflation rate in Nigeria rose to 22.79 percent in June...
CBN Approves 10% Cash Reserve Requirement for Merchant Banks to Boost Long-Term Financing
The Central Bank of Nigeria (CBN) has announced a significant reduction in the Cash Reserve Requirement (CRR) for merchant banks...
OPEC: NIGERIA’s oil output drops 5.5% to 1.249 mb/d oil theft persist
Nigeria's oil output experienced a month-on-month decline of 5.5% in June 2023, dropping to 1.249 million barrels per day (mb/d)...
Oil Prices Inch Upward Ahead of US Crude Stockpile Data
Oil prices experienced a slight increase in Asian trade on Tuesday as investors anticipated a potential tightening of U.S. crude...
China Growth Concerns Weigh on Asian Stocks, Prompting Market Declines
Asian stocks faced downward pressure as concerns about China's sluggish economic recovery led to cuts in growth forecasts and a...
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.