Economy
Minister of State for Petroleum to Address Soaring Cooking Gas Prices Amid Federal Government’s LPG Distribution Initiative
The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has vowed to tackle the escalating prices of Liquefied...
Read more
NESG Highlights Market Access Challenges Facing Nigeria’s MSMEs Despite Significant GDP Contribution
The Nigerian Economic Summit Group (NESG) has raised concerns over the limited market access available to Nigeria’s Micro, Small, and...
Read more
Nigeria’s Retained Revenue Dips by 0.6% in April Amid Lower FX Gains, Fiscal Deficit Slightly Widened
According to the Central Bank of Nigeria's (CBN) latest monthly economic report, the Federal Government of Nigeria (FGN) saw a...
Read more
Manufacturers Call for Government Action to Alleviate Regulatory Burden and Infrastructure Gaps in Lagos
The Manufacturers Association of Nigeria (MAN) has raised alarm over the escalating regulatory pressures and infrastructural challenges that are stifling...
Read more
Ajaokuta Steel Faces Grid Disconnection Over Escalating Debt Amid Calls for Government Bailout
The future of the Ajaokuta Steel Company Limited (ASCL), a once-promising industrial giant, hangs in the balance as the company...
Read more
NAFDAC Strengthens Regulatory Framework to Boost Nigeria’s Non-Oil Exports Amid Rising Rejection Rates
In a bid to address the growing challenge of rejected Nigerian food exports, the National Agency for Food and Drug...
Read more
CBN’s Strategic Policy Shifts Fuel Record-High Remittance Inflows, Boost Naira Liquidity
The Central Bank of Nigeria (CBN) has reported a significant 130% increase in remittance inflows, totaling $553 million in July...
Read more
FGN Launches $500 Million Domestic US Dollar Bond with 9.75% Interest Rate
The Federal Government of Nigeria (FGN) has introduced its first-ever $500 million Domestic US Dollar Bond, offering investors an attractive...
Read more
Nigeria’s FX Reserves Decline Amid CBN Interventions, Naira Faces Continued Pressure
Nigeria's foreign exchange (FX) reserves decreased by USD301.32 million week-on-week to USD36.53 billion as of August 15, 2024. This decline...
Read more
Nigeria’s Inflation Rate Eases for the First Time in 19 Months, Driven by Lower Food Prices
For the first time in 19 months, Nigeria's inflation rate eased, reflecting the impact of a high statistical base from...
Read more
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.