News
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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.