CBN to introduce tougher capital requirements for banks
The Central Bank of Nigeria (CBN) said it will introduce new capital requirements for banks in the second quarter of ...
FIRS will surpass N5.3tn 2018 revenue
Chairman of the Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler, has said that the service will this year surpass ...
Lagos directs filling, gas stations to install CCTV
The Lagos State government has directed filling stations in the state to install Close Circuit Camera TV (CCTV) in their ...
Federal government gives IOCs 14 days to pay outstanding revenue on contracts
The federal government has given International Oil Companies (IOCs) operating in Nigeria’s deep offshore and inland basin a 14-day ultimatum ...
Credit guaranty scheme underway for DBN institutions
The Development Bank of Nigeria (DBN), In a bid to expand the scope of access to credit especially on its ...
5,000 containers trapped at ports as Customs bans third-party clearance
The big stick wielded by the high command of the Nigeria Customs Service (NCS) over the unwholesome practice of ‘third-party’ ...
Absa Bank rules out Nigerian bank acquisition
Amalgamated Bank of South Africa (Absa), South African leading commercial bank has ruled out the acquisition of a Nigerian bank ...
Samsung invests over $400 million in NIgeria’s oil, gas sector
The Samsung Heavy Industries (SHI) says it has invested over 400 million dollars in the Nigerian oil and gas industry ...
Coca-Cola, Pepsi tout plastic recycling in rare joint appearance
Coca-Cola and Pepsi promised on Thursday that “huge progress” would be made by 2030 to reduce plastic waste, which contaminates ...
Man jailed for hacking into bank’s network system
The Federal High Court sitting in Jos on Thursday sentenced a Jos-based businessman, Mr Ibrahim Suleiman, to five years imprisonment ...
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.