Economy
FEC Approves $11.174bn For Construction of Lagos-Calabar Coastal Rail
The Federal Executive Council (FEC) has approved $11.174 billion for the construction of a standard-gauge coastal railway from Lagos to...
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FG hires JP Morgan, others on $6.2bn fresh borrowing
The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in the international capital market....
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CBN releases guidelines for establishing payment service holding companies
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies...
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UN, Borno govt decry devastating effect of Boko Haram insurgency
United Nations, UN and Borno State Government, yesterday decried the devastating effect of insecurity, especially Boko Haram insurgency on Nigeria,...
Read moreNigeria needs $2.3tn to address infrastructure deficit-FG
The Federal Government has said that the country need $2.3tn to address for its national integrated infrastructure masterplan. Secretary to...
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MSMEs in Ethiopia to Access Finance through New Agreement between Bank of Abyssinia and Four Private Micro Finance Institutions
The Bank of Abyssinia signed a loan agreement with four private commercial microfinance institutions (MFIs) – Dynamic, Harbu, Metemamen, and...
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NNPC Records $1.2bn Shortfall in Priority Projects Funding
The Nigerian National Petroleum Corporation (NNPC) recorded a total shortfall of $1.2 billion in the financing of its priority projects...
Read moreNigeria, Brazil plan assembling 77,400 tractors – Senate panel chair
The Federal Government has signed an agreement with some Brazilian firms to establish tractors’ assembly plants in Nigeria. The Chairman,...
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NPA bars unsafe trucks from Lagos seaports
As part of effort to bring an end to the incessant breakdown of trucks on the access roads to the...
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LCCI: Dr. Chinyere Almona becomes new DG
Following the retirement of Dr. Muda Yusuf on the expiration of his tenure of office, Dr. Chinyere Almona has been...
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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.