Finance
Nigeria Plans Dollar-Denominated Domestic Bonds to Address Forex Crisis, DMO Confirms
The Debt Management Office (DMO) has confirmed that Nigeria is actively working on the details of proposed dollar-denominated domestic bonds...
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revenue surged by 20 percent year-on-year to 3.6 billion euros
Music and podcast streaming platform Spotify has revealed a notable increase in paying subscribers alongside a lower-than-anticipated operating profit for...
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CBN Initiates Sale of Fresh Dollars To Bureau De Change Operators At N1,021/$
The Central Bank of Nigeria (CBN) has commenced a new phase of direct sales of US dollars to Bureau De...
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World Bank Board to Review Nigeria’s $2.25 Billion Financing Package in June
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has revealed that the Board of the...
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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 FX Reserves Drop to Seven-Year Low, Naira Depreciates Amidst Foreign Investor Exodus
Nigeria's foreign exchange (FX) reserves witnessed a considerable decline this week, plummeting by USD502.99 million week-on-week to reach a seven-year...
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Nigeria Aims to Increase Oil Production to Meet Fiscal Targets, Says Finance Minister
Nigeria's finance minister, Wale Edun, has revealed ambitious targets for the country's fiscal deficit reduction and oil production during his...
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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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Central Bank of Nigeria Reduces Loan-to-Deposit Ratio to 50% in Tightening Policy
In a move aimed at deepening its monetary tightening policy, the Central Bank of Nigeria (CBN) has slashed the Loan-to-Deposit...
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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,...
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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.