CBN Imposes 75% CRR on Non-TSA Deposits to Curb Excess Liquidity
Banks with heavy exposure to government deposits may need to adjust their strategies after the Central Bank of Nigeria (CBN)...
Nigeria Joins Global Peppol Network with Tax-ID Registration
Nigeria has achieved a major milestone in its digital trade transformation with the global registration of its Tax Identification Number...
Nigeria Records First Petrol Exports Worth N371.54bn in Q2 2025
Nigeria exported Premium Motor Spirit (PMS), popularly known as petrol, valued at N371.54bn in the second quarter of 2025, according...
PenCom Raises Minimum Capital for PFAs and Custodians
The National Pension Commission (PenCom) has raised the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians...
Mastercard Extends Partnership with Smile ID to Boost Secure Digital Identity in Africa
Mastercard has extended its strategic commercial partnership with Smile ID, a leading identity verification provider in Africa, to accelerate the...
Bagudu Seeks World Bank Support for Renewed Hope Ward Development Programme
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has urged the World Bank to support Nigeria’s newly launched...
Nigeria Reaffirms Bid for IMO Council Seat at World Maritime Day
Nigeria has renewed its commitment to reclaiming a seat in Category C of the International Maritime Organisation (IMO) Council, describing...
Nigeria–Saudi Arabia Trade Volume Tops $600m
The trade volume between Nigeria and Saudi Arabia has surpassed $600 million, underscoring the strengthening economic and diplomatic ties between...
Nigeria Spent N804bn on Arms Imports in Five Years – NBS
Nigeria spent N804.10 billion on arms and ammunition imports between 2020 and the second quarter of 2025, according to data...
Dangote Refinery Sets 500,000-Litre Minimum for Free Petrol Delivery
The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers to qualify...
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.