Nigeria Secures $925M Lifeline from Afrieximbank Amidst Naira Depreciation
As the naira continues to weaken, nearing the 1,500/dollar band in both the official and parallel foreign exchange markets, the ...
NIBSS Downtime Causes Delays in Electronic Transactions, Fintechs Alert Customers
The Nigeria Inter-Bank Settlement System (NIBSS) is currently experiencing a significant downtime, causing widespread delays in completing electronic transactions. This ...
Funding for 20 Modular Refineries in Nigeria Stalled Due to Crude Oil Supply Guarantee Issues
International financiers, who were set to fund the construction of approximately 20 modular refineries in Nigeria, have withheld their funds ...
Power Distribution Companies Earn N292.71bn in Q1 Despite Consumer Complaints and Debt Issues
Power distribution companies in Nigeria generated a total revenue of N292.71 billion in the first quarter of this year, even ...
NPA Introduces New Export Policy to Reduce Truck Entry Time by 40%
Following a comprehensive review and extensive consultations with various stakeholders in the maritime sector, the Nigerian Ports Authority (NPA) has ...
FMDQ Exchange Admits the Eat & Go Finance SPV PLC Series 1 Bond on its Platform
The FMDQ Exchange's Board Listings and Markets Committee has approved the listing of Eat & Go Finance SPV PLC's ₦1.15 ...
Nedogas Development Company Completes Construction of Kwale Gas Gathering Facility in Delta State
Delta State, Niger-Delta, Nigeria - The Nedogas Development Company Limited (NDCL), a Joint Venture between Xenergi Limited and NCDMB Capacity ...
Nigeria Aims to Reduce Petrol Importation by $4.4bn Annually Through Compressed Natural Gas Initiative
The Federal Government of Nigeria has announced plans to significantly decrease the importation of Premium Motor Spirit (PMS), commonly known ...
Private Sector Growth Improves in Nigeria as PMI Rises to 52.1 in May
The business environment for the private sector in Nigeria showed signs of improvement in May, with the Purchasing Managers’ Index ...
Alpha Mead Facilities & Management Services Limited Registers ₦5.00 Billion Commercial Paper Programme on FMDQ Exchange
To ensure sustained business operations in today's challenging economic environment, corporates are exploring alternative financing options by accessing the Nigerian ...
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.