Finance
Access Bank and FMO Secure Record-Breaking $295 Million Syndicate Loan to Boost Nigerian SMEs
Historic Partnership Targets Financial Inclusion and Economic Development Front row (L-R): Michael Jongeneel, Chief Executive Officer, FMO and Roosevelt Ogbonna, Managing...
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CBN Governor Announces Potential Slowdown in Benchmark Interest Rate Increases
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has indicated that the bank may soon be...
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Nigeria’s FX Reserves Hit 13-Month High, Naira Continues to Depreciate
This week, Nigeria's foreign exchange (FX) reserves reached a 13-month high, with gross reserves increasing by USD 465.21 million week-on-week...
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Capital Importation into Nigeria Surges by 198.1% in Q1-2024, Highest Since Q1-2020
Capital importation into Nigeria in the first quarter of 2024 rose significantly by 198.1% year-on-year, reaching USD 3.78 billion, compared...
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FirstBank’s 130-Year Legacy: A Journey of Transformation, Innovation, Growth and Consolidation with Alebiosu
FirstBank’s 130 years of gripping history is a corporate handbook in many ways. Its fortunes are as great a lesson...
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SEC Director General Highlights Role of Sustainable Finance in Advancing Corporate Trustee Responsibilities
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has underscored the transformative potential of sustainable...
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MPC Urges Strategic Reforms to Attract Sustainable Foreign Direct Investment in Nigeria
Members of the Monetary Policy Committee (MPC) have called for concerted efforts by the Central Bank of Nigeria (CBN) and...
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Increased Loan Inflows Drive 19% Surge in Nigeria’s Capital Importation in January 2024
Capital importation into Nigeria saw a significant boost in January 2024, increasing by 19% month-on-month (MoM) to $330 million from...
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Eyowo Rebounds as Central Bank of Nigeria Fully Reinstates Licence
Eyowo, a prominent Nigerian fintech company, has made a notable comeback with the full reinstatement of its licence by the...
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Nigeria Secures $925M Lifeline from Afrieximbank Amidst Naira Depreciation
As the naira continues to weaken, nearing the 1,500/dollar band in both the official and parallel foreign exchange markets, the...
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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.