CBN Introduces N100 Million Fine for Banks Over Undocumented FX Transactions
The Central Bank of Nigeria (CBN) has unveiled a major revision of its foreign exchange regulatory framework. The new rules...
Oil Prices Surge Over 3% as Middle East Tensions Escalate and Supply Fears Mount
Brent crude oil prices surged more than $3 per barrel on Monday as escalating geopolitical tensions in the Middle East...
Global Markets Slide as AI Rally Fades, Oil Surges on Middle East Tensions
Global stocks and bonds fell sharply as investors grappled with a convergence of market headwinds, including a pullback in the...
Nigeria to Launch First Comprehensive Gas and Power Infrastructure Map to Boost Energy Investment
Nigeria is set to unveil its first comprehensive Gas and Power Infrastructure Map at the 25th edition of NOG Energy...
CPPE Urges Rejection of Sugar-Sweetened Beverage Tax Bill, Warns of Rising Production Costs
The Centre for the Promotion of Private Enterprise (CPPE) has urged the House of Representatives to reject the Sugar-Sweetened Beverage...
Nigeria to Tap €59m EU Programme to Strengthen Fight Against Illegal Fishing
Nigeria has announced its readiness to leverage the €59 million West Africa Sustainable Ocean Programme (WASOP) as part of intensified...
Nigeria’s Oil and Gas Sector Records 283% Surge in Foreign Capital Inflows, but Share Remains Minimal
Nigeria’s oil and gas sector recorded a dramatic 283.3 per cent increase in foreign capital inflows in the first quarter...
UBA Foundation Marks World Environment Day with Tree-Planting Initiative in Lagos Schools
The UBA Foundation has reaffirmed its commitment to environmental sustainability with a tree-planting exercise at King’s College, Lagos, and CMS...
Reps Committee Recovers N521.77m VAT from CBN Over Remita Transactions
The House of Representatives Public Accounts Committee has recovered N521.77 million in unremitted Value Added Tax (VAT) from the Central...
LASERC Flags 38 Power Operators for Failing to Regularise Licences
The Lagos State Electricity Regulatory Commission (LASERC) has identified 38 companies operating electricity generation and distribution facilities across the state...
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.