Economy
Moody’s Downgrade of US Credit Rating Sends Markets into Decline
US equity-index futures dropped, and Treasuries yield curve steepened after Moody’s downgraded the US government’s credit rating from its top...
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DBN Disburses Over ₦1 Trillion to MSMEs, Targets ₦1.3 Trillion in Capital by 2029
The Development Bank of Nigeria (DBN) has announced that it has disbursed over ₦1 trillion to micro, small, and medium...
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Nigeria Joins EBRD to Boost Private Sector Access to Global Capital
Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD), in a move set to enhance private sector...
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CBN Cuts Net Loans by ₦4.1tn Amid Overdraft Reduction to FG in 2024
The Central Bank of Nigeria (CBN) has recorded a significant ₦4.145 trillion drop in net loans and receivables in 2024,...
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China Eyes EV Factories in Nigeria to Boost Solid Minerals Sector
The Chinese Ambassador to Nigeria, Yu Dunhai, has emphasized the need for deeper cooperation between Nigeria and China in harnessing...
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Nigeria’s Economic Reforms Gaining Traction, Boosting Investor Confidence – Minister of Budget and Economic Planning, Bagudu
Nigeria’s ongoing economic reforms are beginning to yield tangible results, restoring investor confidence, setting the stage for long-term growth and...
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FIRS, RMAFC Launch Joint Committee to Bolster Tax Revenue Monitoring and Fiscal Stability Across Nigeria
As part of efforts to strengthen Nigeria’s fiscal framework and enhance the efficiency of revenue mobilization, the Federal Inland Revenue...
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FG Eyes Economic Transformation Through Value Addition Bill Amid Industry Pushback
As Nigeria continues its quest to industrialize and boost non-oil revenues, a new legislative proposal—the 30% Value Addition Mandate Bill—is...
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Nigeria Set to Overhaul Credit Reporting Framework Amid Surge in Digital Lending and Rising Loan Defaults
Nigeria’s financial regulators are preparing to initiate sweeping reforms of the country's credit reporting system, as the Central Bank of...
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Nigeria Customs Facilitates Export of Over 88,000 Tonnes of Goods, Seizes N48.9m in Foreign Coins
The Nigeria Customs Service (NCS), Seme Command, has facilitated the export of 2,029 trucks loaded with more than 88,000 metric...
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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.