News
NGX Group GMD, Temi Popoola Elected Chairman of CSCS
The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of...
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Nigeria’s FX Reserves Decline as Naira Appreciates Amid Reduced Turnover
Last Week, Nigeria's foreign exchange (FX) reserves experienced a decrease of USD317.95 million week-on-week, reaching USD33.51 billion as of April...
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CBN Policies: Nigeria’s Private Sector Credit Surges by 93.7% Year-on-Year
According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) surged by 93.7% year-on-year to NGN80.86...
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Nigerian Forex Market Witnesses Surge in Inflows, Highest Since 2019
According to data obtained from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) experienced a substantial increase...
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Global Equities Decline Amid Rising Tensions and Rate Hike Concerns
Global equities faced a week of downturns as a confluence of factors, including escalating tensions in the Middle East, surging...
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NGX Group Announces Strategic Investment in Ethiopian Securities Exchange, Fueling Confidence in Africa’s Capital Markets
Nigerian Exchange Group Plc (NGX Group), a prominent integrated market infrastructure group in Africa, has announced a substantial investment in...
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Manufacturers Association of Nigeria Reports ₦1.5 Trillion Loss in Six Months Due to Forex Transactions
The Manufacturers Association of Nigeria (MAN) has revealed that its members have incurred losses amounting to at least ₦1.5 trillion...
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Transcorp Power Plc Releases Audited FY2023 Results; Grows Topline by 57.03% and Profit by 75%; Declares Dividend of N3.13.
Transcorp Power Plc (“Transcorp Power” or the “Company”), one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation...
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National Institute of Credit Administration Advocates Credit Availability to Boost Made in Nigeria Goods
The National Institute of Credit Administration (NICA), Nigeria's statutory body for the control, supervision, and regulation of the credit management...
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Federal Government Reaffirms Commitment to Industry Revitalization, Emphasizes Steel Sector
The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, has reiterated the Federal Government's dedication to revitalizing the industry...
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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.