Nigeria’s Crude Producers Invest $8bn in Rig Infrastructure to Boost Output
Crude oil producers operating in Nigeria have invested $8 billion in rig infrastructure over the past three years as part...
Petrol Imports Hit Record Low as Dangote Refinery Boosts Local Output
Nigeria’s import of Premium Motor Spirit (PMS), commonly known as petrol, dropped to a record low in June, largely due...
IMF Pledges Support for FIRS Amid Ongoing Tax Reforms
The International Monetary Fund (IMF) has pledged continued support for the Federal Inland Revenue Service (FIRS) as it advances its...
FG Sanctions Oil Producers for Flouting Gas Flare-Out Programme
The Federal Government has taken decisive regulatory action against some oil producers for failing to comply with the national gas...
Deutsche Bank Leads $747 Million Syndicated Loan for Lagos-Calabar Coastal Highway Phase 1
In a landmark move for infrastructure financing in Nigeria and West Africa, Deutsche Bank has led a $747 million syndicated...
NCDMB Launches Compliance Certificate System to Enforce Local Content Levy
In a move to enforce compliance with the statutory 1% local content levy, the Nigerian Content Development and Monitoring Board...
FG Seeks $15.5bn Private Sector Investment for Mission 300 Power Project
The Federal Government has disclosed that $15.5 billion of the $32.8 billion needed for the Mission 300 Compact initiative is...
Rising Transport Costs Threaten AfCFTA Goals, Nigerian Exporters Warn
The surging cost of transporting goods across borders in sub-Saharan Africa is raising concerns among trade experts, who fear it...
US Equity Futures Dip as Trump Slaps 50% Tariff on Copper; Dollar, Asian Shares Steady
US equity-index futures edged lower on Thursday as President Donald Trump reignited trade fears by announcing a 50% tariff on...
Oil Prices Dip as Tariff Tensions Rise, But U.S. Demand Offers Support
Oil prices slipped on Thursday as escalating trade tensions triggered by fresh U.S. tariff threats dampened market sentiment. Brent crude...
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.