Finance
FX Crisis Forces Nigerian Manufacturers to Shift to Local Raw Material Sourcing, Report Shows
A new report from the Manufacturers Association of Nigeria (MAN) has revealed that the ongoing difficulties in accessing foreign exchange...
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Nigeria’s Public Debt Soars by 10% as Naira Weakens, Pushing Nigeria’s Total Debt to Over N134 Trillion
Nigeria’s public debt stock has surged by 10% in the second quarter of 2024, reaching a total of N134.3 trillion...
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FirstBank Host Fintech Summit 6.0, Launches Fintech Innovators Pitch Programme
FirstBank, the premier West African financial institution and financial inclusion service provider is excited to announce its 6th annual Fintech...
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Central Bank of Nigeria (CBN) Reports N18.04 Trillion Borrowed by Banks in October 2024 Amid Liquidity Crisis
Financial data released by the Central Bank of Nigeria (CBN) reveals that deposit money banks and merchant banks in the...
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Sustainable Finance: FirstBank Joins Partnership for Carbon Accounting Financials, Reinforces its Commitment to Climate Action
As part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined...
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FMDQ Group PLC Holds 12th AGM, Records Significant Achievements Amid Challenging Economic Conditions
The year 2023 presented numerous macroeconomic challenges, both globally and domestically. Factors such as heightened inflation, changes in monetary policies,...
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Naira gains 5bps to NGN1,600.00/USD amid demand-supply imbalance challenges
Last week, the naira appreciated marginally by 5 basis points to NGN1,600.00/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM),...
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SEC Launches Initiatives to Enhance Funding Access for Small Firms Through Crowdfunding
The Securities and Exchange Commission (SEC) has announced new initiatives aimed at simplifying access to funds for smaller firms, highlighting...
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CBN Launches Re-Validation of $2.4bn Foreign Exchange Claims Amidst Manufacturer Concerns
The Central Bank of Nigeria (CBN) has initiated a re-validation exercise aimed at addressing the complaints of manufacturers and importers...
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FirstBank Announces Restoration of Firstmobile Services After Upgrade Downtime With Enhanced Digital Banking
FirstBank has successfully restored full services on its mobile banking platform, Firstmobile, following a brief downtime earlier this week due...
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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.