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Bleak Outlook for Nigeria’s Manufacturing Sector in Q4 2024, Warns MAN
The outlook for Nigeria's manufacturing sector in the fourth quarter of 2024 appears grim, according to the Manufacturing Association of...
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Nigeria’s FX Reserves Increase by USD337.89 Million, Naira Appreciates by 3.0% w/w at NAFEM
Nigeria’s foreign exchange (FX) reserves recorded an accretion this week, with the gross reserves level increasing by USD337.89 million week-on-week...
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Private Sector Sees Mild Expansion as PMI Hits 50.2, Driven by Services and Agriculture
The Central Bank of Nigeria (CBN) has reported a positive shift in the private sector’s performance, with the Composite Purchasing...
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US Manufacturing PMI Drops to 8-Month Low as Services Sector Shows Resilience**
The US manufacturing sector continued to show signs of strain in August, as the Manufacturing Purchasing Managers' Index (PMI) slipped...
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US Endorses Nigeria’s Solar Power Initiative with Sun Africa Partnership
Nigeria’s solar power ambitions received a significant boost as the United States formally endorsed the country's efforts to enhance reliable...
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Global Stocks Surge on Easing Inflation and Positive Economic Data, Fueling Optimism for Potential Fed Rate Cut
Global stock markets experienced a robust rebound this week, buoyed by signs of easing inflation and stronger-than-expected economic data, which...
Read moreGlobal Equities Tumble Amid Recession Fears and Yen “Carry Trade” Unwind
Equities markets around the world experienced significant declines this week, fueled by mounting fears of a recession in the United...
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Microfinance Banking Sector Thrives Despite Economic Challenges, Reports Significant Growth
The microfinance banking sector in Nigeria has demonstrated remarkable resilience and growth, despite prevailing economic headwinds. The sector's total assets...
Read moreSurging Prices in Food and Housing Drive Nigeria’s Inflation to 34.19% in June
Nigeria's inflation continues to rise, with headline inflation reaching 34.19% year-on-year (y/y) in June, up from 33.95% y/y in May....
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LCCI Praises Zero Tariff Executive Order on Pharmaceutical Inputs, Sees Boost for Local Drug Manufacturing
The Lagos Chamber of Commerce and Industry (LCCI) has applauded the Federal Government's recent Executive Order eliminating tariffs, excise duties,...
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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.