News
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...
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Stanbic 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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Global Stock Indices Mixed Amid Optimism Over Rate Cuts and Concerns Ahead of PCE Data
Global stock indices exhibited mixed performance last week as investors navigated optimism over potential interest rate cuts and caution ahead...
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US Jobless Claims Edge Lower, Labor Market Remains Under Pressure Amid Fed’s Tightening Measures
The United States labor market showed signs of softening as initial jobless claims fell modestly by 2,000 to 231,000 in...
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AMCON Intensifies Asset Recovery Efforts, Enlists International Asset Tracers to Recover N5 Trillion Debts
The Asset Management Corporation of Nigeria (AMCON) has announced a new strategic move to intensify its asset recovery efforts as...
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Nigerian Stocks Slip into Bear Territory Amid Profit-Taking, Led by DANGCEM and TRANSCOHOT
Nigerian stocks ended the week in bear territory, driven by significant profit-taking activities that impacted key market movers. The All-Share...
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FirstBank, NCF Launch Tree Planting Initiative In FCT To Combat Climate Change
FirstBank, in collaboration with the Nigerian Conservation Foundation (NCF), has launched an extensive tree-planting initiative as part of its 2024...
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Oil Prices Stabilize Amid Fed Rate Cut Hopes Despite Weak Economic Data
Crude oil markets experienced a temporary reprieve on Thursday following a significant sell-off that had occurred in the previous session....
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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.