Economy
FG Denies Stoking Food Inflation by Mopping Up Production
The federal government has refuted claims that it is partly responsible for the current rising prices of food items in...
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Domestic borrowing threatens Nigeria’s economic stability, says IMF
The International Monetary Fund has warned that increasing levels of domestic government borrowing from banks in Nigeria and other emerging...
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FEC approves N1.4bn for power sector
The Federal Executive Council (FEC) Wednesday, approved N1.4 billion for the supply of more equipment to the Transmission Company of...
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Economic growth slowed in February – CBN report
The economy recorded slow growth in February, according to the Central Bank of Nigeria’s report. The CBN’s Monetary Policy Committee...
Read moreFG, shareholders on collision course over unclaimed dividend trust fund
After strong indications emerged last week that the Federal Government has finally taken over management of the Unclaimed Dividend Trust...
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Customs explain 20 levy on Vehicles
The Nigeria Customs Service (NCS) has retained a duty rate of 20% for used vehicles with a NAC levy of 15%. According to...
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NAFDAC alerts on recall of Continental Mills Buttermilk pancake, Waffle Mix
The National Agency for Food and Drug Administration and Control (NAFDAC) has alerted the general public that Continental Mills is...
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Nigeria week ahead: Current Account, Naira & NFP in focus
The next few days could be eventful for Africa’s largest economy despite the quiet domestic economic calendar. At home, all...
Read moreFG’s borrowing from CBN rises by 96.54%, hits N18.16tn
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has risen by 96.54...
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State govts sink deeper as NNPC plans N328bn deduction in April
The amount spent by the Federal Government through the Nigerian National Petroleum Company Limited as subsidy on Premium Motor Spirit,...
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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.