News
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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Ajaokuta Steel Faces Grid Disconnection Over Escalating Debt Amid Calls for Government Bailout
The future of the Ajaokuta Steel Company Limited (ASCL), a once-promising industrial giant, hangs in the balance as the company...
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FGN Launches $500 Million Domestic US Dollar Bond with 9.75% Interest Rate
The Federal Government of Nigeria (FGN) has introduced its first-ever $500 million Domestic US Dollar Bond, offering investors an attractive...
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Global Equity Markets Surge as Optimism Grows Over US Economy Avoiding Recession
European and US equity futures advanced on Friday, following gains in Asian markets as traders increased their exposure to risk...
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Kenya Airports Authority Prepares for Potential Strike Amid Dispute Over Adani Airports Deal
The Kenya Airports Authority (KAA) announced on Friday that it has implemented contingency measures to prevent disruptions to airport operations...
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FG Launches $500 Million Domestic Bond to Bolster Dollar Liquidity and Support Economic Recovery
The Federal Government of Nigeria, through the Debt Management Office (DMO), has unveiled a $500 million local bond aimed at...
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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.