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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Nigerian Domestic Equities Market Sees 38.7% Surge in July Amidst FX Constraints and Foreign Investor Retreat
The Nigerian equities market experienced a significant uptick in transaction value in July, driven primarily by increased activity among domestic ...
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Peoples Bank of China (PBoC) Holds Key Lending Rates Steady, Signals Cautious Economic Strategy
In a move widely anticipated by analysts, the People's Bank of China (PBoC) decided to maintain its key lending rates ...
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FirstBank, NCF Launch Tree Planting Initiative In FCT To Combat Climate Change
FirstBank, in collaboration with the Nigerian Conservation Foundation (NCF), has launched an extensive tree-planting initiative as part of its 2024 ...
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Oil Prices Stabilize Amid Fed Rate Cut Hopes Despite Weak Economic Data
Crude oil markets experienced a temporary reprieve on Thursday following a significant sell-off that had occurred in the previous session. ...
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Manufacturers Call for Government Action to Alleviate Regulatory Burden and Infrastructure Gaps in Lagos
The Manufacturers Association of Nigeria (MAN) has raised alarm over the escalating regulatory pressures and infrastructural challenges that are stifling ...
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Ajaokuta Steel Faces Grid Disconnection Over Escalating Debt Amid Calls for Government Bailout
The future of the Ajaokuta Steel Company Limited (ASCL), a once-promising industrial giant, hangs in the balance as the company ...
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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.
