News
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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CBN Adopts International Financial Reporting Standards to Boost Sustainable Banking and Attract Foreign Investment
The Central Bank of Nigeria (CBN) has committed to promoting sustainable banking practices by adopting International Financial Reporting Standards (IFRS)...
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CBN Reintroduces Retail Dutch Auction System, Auctions $876 Million to Stabilize Naira
In a significant move to address the growing demand for foreign exchange and stabilize the naira, the Central Bank of...
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Nigeria’s FX Reserves Edge Higher as Naira Appreciates Following CBN’s Retail Dutch Auction
Nigeria's foreign exchange (FX) reserves continued their upward trend this week, albeit at a slower pace, with the gross reserves...
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Global Asset Freeze Imposed on Missing Cryptoqueen Ruja Ignatova Amid $4.5bn OneCoin Scam
Ruja Ignatova, the notorious figure behind the $4.5 billion OneCoin cryptocurrency scam, has been hit with a global asset freeze...
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ESG: FIRSTBANK Wins 2024 Euromoney Award For Nigeria’s Best Bank
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney...
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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.