News
NOTAP Clarifies 20-Year Exclusive Rights for Creators Before Inventions Enter Public Domain
The National Office for Technology Acquisition and Promotion (NOTAP) has announced that inventors and creators of intellectual property will hold...
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Fuel Crisis Worsens as NNPC Shuts Portal, Suspends Fresh Orders Amid Backlog
As Nigeria’s fuel crisis deepens, the Nigerian National Petroleum Company (NNPC) has taken the unprecedented step of shutting down its...
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Nigeria and UK Seal N589bn Partnership Agreements to Strengthen Governance, Climate Change, and Economic Growth
The Federal Government of Nigeria has signed eight partnership agreements with the United Kingdom, valued at approximately N589 billion (£272.6...
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Federal Government Proposes Zero-Duty Levy on Food Imports to Curb Inflation
In a decisive move to tackle escalating food prices and provide immediate relief from inflation, the Federal Government of Nigeria...
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Strong recovery and resilience drive economic stability, Minister Wale Edun reports at the 17th Annual
Nigeria's debut foreign-currency domestic bond has been hailed as a resounding success, recording a subscription of $900 million—significantly surpassing the...
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FX Reserves Decline for 5th Consecutive Week Amid Tight Foreign Exchange Supply
Nigeria’s foreign exchange (FX) reserves have decreased by USD1.03 million week-on-week (w/w), bringing the total to USD36.30 billion as of...
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NNPC Blames Petrol Scarcity on FX Illiquidity, Vows to Address Supply Shortfalls
The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged the ongoing fuel scarcity across the country, attributing it to foreign...
Read moreStanbic IBTC PMI Report: Stagnation in Nigerian Private Sector as Business Activity Flatlines in August
Business activities in Nigeria's private sector remained broadly stagnant in August, as reflected in the latest Stanbic IBTC Bank Purchasing...
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LCCI Lauds Nigeria’s Q2 2024 GDP Growth, Calls for Sustained Reforms Across Key Sectors
The Lagos Chamber of Commerce and Industry (LCCI) has commended Nigeria's impressive economic performance in the second quarter of 2024,...
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Nigerian Households Maintain Cautious Optimism for Economic Recovery Despite Rising Loan Interest Rates
Nigerian households are cautiously optimistic about the country's economic prospects over the next three to six months, even as concerns...
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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.