Finance
Naira Displays Resilience, Appreciates by 5.3% Against the Dollar
In a significant turn of events in the Nigerian currency market, the naira, exhibited strength and resilience, recording an impressive...
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NNPCL to Prepay Future Royalties and Taxes in $3.3bn Financing Deal with Afreximbank
The Nigerian National Petroleum Company Limited (NNPCL) has revealed its intention to prepay future royalties and taxes to the Federal...
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Afreximbank, UBA disburse NNPCL over $2bn oil-for-cash loan
The African Export-Import Bank (Afreximbank) and the United Bank for Africa (UBA) have successfully disbursed $2.25 billion as part of...
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FIRS suspends Implementation of VAT guidelines Simplifies Compliance Regime for Non-Resident Suppliers of Low-Value Goods
The Federal Inland Revenue Service (FIRS) has officially announced the postponement of the implementation guidelines for the value-added tax (VAT)...
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SEC Grants Approval to NASD Plc To Launch Digital Securities Platform, Marking a Milestone in Nigeria’s Fintech Landscape
The Securities and Exchange Commission (SEC) has given its approval to NASD Plc to launch the Digital Securities Platform (N-DSP),...
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Nigeria’s FX Reserves Rise to USD 33.09 Billion as Naira Faces 2.4% Depreciation in Ongoing Forex Landscape
Nigeria's foreign exchange reserves continued its upward trajectory last week, marking an increase of USD 49.07 million week-on-week to reach...
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CBN Dissolves Boards and Management of Union Bank, Keystone Bank, and Polaris Bank
The Central Bank of Nigeria (CBN) has taken decisive action by dissolving the Board and Management of Union Bank, Keystone...
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CBN Pays $2.062bn Additional FX Forwards with Banks, Disburses $61.64m to Foreign Airlines
The Central Bank of Nigeria (CBN) yesterday announced that it had disbursed about $61.64 million to foreign airlines through various...
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Adeduntan :Firstbank is future-proof and remains committed to the gold standard of excellence in Banking
* With over 4.6 trillion-naira loans to customers in Q3 2023, FirstBank is committed to economic growth and transformation. At the...
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World Bank Predicts Prolonged Insecurity and Economic Challenges to Impact Food Security in Northern Nigeria Until May 2024
The World Bank has forecasted that persistent insecurity, armed conflicts, and worsening livelihoods will continue to afflict local government areas...
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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.