Economy
Industrialization key to diversification of the economy – Dangote
The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...
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Federal Government Revokes 924 Dormant Mining Licences
In a move aimed at revitalizing Nigeria's mining sector, the Federal Government has revoked 924 dormant licences spanning exploration, mining,...
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Federal Government’s Deficit Spending Soars to N12.86 Trillion in 2023, Exceeding Budget Projections
The Federal Government of Nigeria experienced a significant surge in deficit spending in 2023, recording a year-on-year increase of 52.9...
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Lagos Chamber of Commerce (LCCI) Calls for Urgent Reforms to Revitalize Nigeria’s Mining Sector
The Lagos Chamber of Commerce and Industry (LCCI) has sounded an alarm over the underperformance of Nigeria's solid mineral sector,...
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Net Foreign Exchange Inflow into Nigerian Economy Increases by 7.3% in 2023
The net foreign exchange (Forex) inflow into the Nigerian economy saw a notable increase of 7.3 percent year-on-year, reaching $33.9...
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Nigeria’s Consumer Prices Rise to 33.20% Year-on-Year in March, Food Prices at 19-Year High
According to data released by the National Bureau of Statistics (NBS), consumer prices in Nigeria maintained their recent uptrend, rising...
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Federation Account rakes in over N7trn July — Dec, 2023
The Revenue Mobilization Allocation and Fiscal Commission, RMAFC, has disclosed that N7.314trillion accrued to the Federation Account for the period...
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Nigeria’s Inflation Hits Three-Decade High, Reaching 33.2% in March
Nigeria's inflationary woes have deepened, reaching their highest level in almost three decades, according to the latest data from the...
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Naira Emerges as World’s Top Performing Currency After 12% Rally in April
Following an impressive 12% rally in April, the Nigerian Naira has emerged as the best performing currency in the world,...
Read moreMarch 2024: Nigeria’s Inflation Reaches All-Time High at 33.20%
In March 2024, Nigeria experienced a record-breaking surge in headline inflation, reaching an all-time high of 33.20 percent, compared to...
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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.