Nigeria’s Trade Surplus Jumps to N7.55tn as Exports Rise, Imports Fall in Q1 2026
Nigeria recorded a significant improvement in its merchandise trade balance in the first quarter of 2026, as stronger exports and...
GenCos Say Tinubu’s Approved N3.3tn Power Debt Settlement Yet to Reach Operators
Nigeria’s power generation companies have said they are yet to receive any payment from the N3.3tn power sector debt settlement...
Taiwo Afolabi Urges FG to Modernise Eastern Ports, Ease Pressure on Lagos Facilities
Chairman of SIFAX Group, Dr. Taiwo Afolabi, has called on the Federal Government to prioritise the rehabilitation and expansion of...
CBN Mops Up N3.04tn Through Oversubscribed OMO Auction
The Central Bank of Nigeria (CBN) absorbed N3.04 trillion from the banking system through a single Open Market Operations (OMO)...
Insurance Sector Key to Unlocking AfCFTA’s $3.4 Trillion Potential, Afreximbank Says
The insurance industry has been identified as a vital pillar in Africa’s efforts to unlock the full potential of the...
NERC Allows Solar Power Users to Sell Excess Electricity to DisCos
Electricity consumers with solar power systems can now sell excess electricity generated from their installations to Distribution Companies (DisCos) across...
RMAFC Yet to Complete Revenue Formula Review as Verification Exercise Continues
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is yet to complete a key stage of its long-awaited revenue allocation...
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...
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.