CBN Denies Aggressive FX Intervention, Retains Interest Rate at 26.5%
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has dismissed claims that the apex bank is aggressively ...
Seplat Targets $1bn Shareholder Dividends as Production Expansion Gains Momentum
Seplat Energy has projected that it will deliver $1bn in shareholder dividends over the next four to five years as ...
Wema Bank Targets Tier-One Status as Profit Jumps to N221.9bn
Wema Bank’s Managing Director, Moruf Oseni, has reaffirmed the lender’s ambition to join Nigeria’s tier-one banking league in the near ...
DisCos Warn Lagos Against Scrapping Electricity Band Classification
Electricity distribution companies have criticised the Lagos State Government’s proposed plan to phase out electricity customer band classification, warning that ...
Brent Crude Falls to $105 Amid Iran Peace Talks and Easing Supply Concerns
Global oil prices declined on Wednesday as renewed peace talks aimed at easing tensions in the Middle East raised hopes ...
Otedola Sells Geregu Stake to Pursue $100m Investment in Dangote Refinery IPO
Femi Otedola has revealed that he sold his stake in Geregu Power Plc to position himself for investment in the ...
SIFAX Group Chairman Backs Call for African Businesses to Build Large Corporations
Chairman of SIFAX Group, Taiwo Afolabi, has called on African entrepreneurs and investors to prioritise building large, sustainable corporations capable ...
South African Pension Funds Eye Investment in Dangote Refinery
Dangote Petroleum Refinery and Petrochemicals is attracting investment interest from leading South African pension and investment institutions following a high-level ...
CBN Retains Interest Rate at 26.5% Amid Rising Inflation
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the country’s benchmark interest rate at 26.5 ...
Two Arrested Over Vandalism of TCN Towers in Ebonyi
Transmission Company of Nigeria (TCN) has confirmed the arrest of two suspects linked to the vandalism of Towers T15, T16 ...
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.