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, ...
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Government Ramps Up Efforts to Stabilize Power Supply Amid DisCos’ Capacity Challenges
Nigeria’s electricity distribution companies (DisCos) have struggled to absorb the full power generation capacity, highlighting a significant bottleneck in the ...
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NNPCL Admits Financial Strain Could Disrupt Petrol Supply as Debt Reaches $6 Billion
Nigeria National Petroleum Company Limited (NNPCL) has acknowledged that its ongoing financial challenges may jeopardize the sustainability of petrol supply ...
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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 ...
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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 ...
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Euro Area Inflation Eases in August; ECB Poised for Potential Rate Cut in September
The Euro Area witnessed a significant easing in inflation as consumer prices moderated to 2.2% year-on-year in August, down from ...
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Nigeria’s FX Reserves Decline for Fourth Week, Naira Depreciates Amid Limited Forex Supply
Nigeria’s foreign exchange (FX) reserves experienced a decline for the fourth consecutive week, as the gross reserves level fell by ...
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NESG Highlights Market Access Challenges Facing Nigeria’s MSMEs Despite Significant GDP Contribution
The Nigerian Economic Summit Group (NESG) has raised concerns over the limited market access available to Nigeria’s Micro, Small, and ...
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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 ...
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Nigeria’s Retained Revenue Dips by 0.6% in April Amid Lower FX Gains, Fiscal Deficit Slightly Widened
According to the Central Bank of Nigeria's (CBN) latest monthly economic report, the Federal Government of Nigeria (FGN) saw a ...
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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.