Economy
Nigeria’s Manufacturing Sector Sees Surge in Investment Amid Challenges of Job Loss and Low Capacity Utilization
Despite facing significant hurdles due to the depreciation of the naira in 2023, Nigeria’s manufacturing sector has experienced notable growth...
Read moreFederation Accounts Allocation Committee (FAAC) Disburses NGN1.30 Trillion to Governments in October, Marking 7.9% Increase
The Federation Accounts Allocation Committee (FAAC) announced last week a notable increase in the disbursement to the three tiers of...
Read moreNigeria’s Headline Inflation Rises to 32.70% Amid Food and Transport Cost Increases
The National Bureau of Statistics (NBS) has reported a notable rise in Nigeria's headline inflation, which increased by 55 basis...
Read moreNigeria’s Domestic Economy: Decline in Capital Importation and Equity Transactions Signals Cautious Investor Sentiment
According to the latest data from the National Bureau of Statistics (NBS), Nigeria's capital importation witnessed a significant decline of...
Read moreFIRS Introduces Central Payment System to Streamline Tax Remittance for States
The Federal Inland Revenue Service (FIRS) has announced the introduction of a centralized payment system designed to simplify tax remittance...
Read moreBleak Outlook for Nigeria’s Manufacturing Sector in Q4 2024, Warns MAN
The outlook for Nigeria's manufacturing sector in the fourth quarter of 2024 appears grim, according to the Manufacturing Association of...
Read moreAlebiosu Reiterates The Positive Role Of Financial Inclusion In Poverty Eradication At Unga ‘79
In an exclusive interview with Arise TV on the sidelines of the 79th United Nations General Assembly in New York,...
Read moreNigeria’s Crude Oil Production Rises for Fifth Consecutive Month to 1.57 mb/d in August
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s crude oil production, including condensates, increased for the...
Read moreNigeria’s FX Reserves Increase by USD337.89 Million, Naira Appreciates by 3.0% w/w at NAFEM
Nigeria’s foreign exchange (FX) reserves recorded an accretion this week, with the gross reserves level increasing by USD337.89 million week-on-week...
Read moreNigeria and UK Seal N589bn Partnership Agreements to Strengthen Governance, Climate Change, and Economic Growth
The Federal Government of Nigeria has signed eight partnership agreements with the United Kingdom, valued at approximately N589 billion (£272.6...
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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.