Economy
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
LCCI Urges Federal Government to Support Strategic Companies Amid Economic Challenges
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to provide special support mechanisms to...
Read more
Nigeria’s FX Reserves Decline as Naira Appreciates Amid Reduced Turnover
Last Week, Nigeria's foreign exchange (FX) reserves experienced a decrease of USD317.95 million week-on-week, reaching USD33.51 billion as of April...
Read more
CBN Policies: Nigeria’s Private Sector Credit Surges by 93.7% Year-on-Year
According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) surged by 93.7% year-on-year to NGN80.86...
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.