CBN Cuts Benchmark Interest Rate to 26.5% Amid Easing Inflation
The Central Bank of Nigeria (CBN) on Tuesday reduced its Monetary Policy Rate (MPR) to 26.5 percent, marking the second ...
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Tag: #NigeriaEconomy
Ondo Signs MoUs for Deep Seaport, Fertiliser Plant at Investment Summit
The Ondo State Government has signed Memoranda of Understanding with two investors for the development of a deep seaport in ...
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Capital Market Contribution to GDP Rises to 33% – SEC
The contribution of Nigeria’s capital market to the nation’s Gross Domestic Product has increased from 13 per cent in April ...
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FG’s Domestic Debt Rises by N7.40tn in Nine Months — DMO
The Federal Government’s domestic debt increased by N7.40tn within nine months, largely driven by fresh issuances of FGN bonds and ...
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98% of Taxpayers Report Seamless Experience on New Tax ID Portal — JRB
The Joint Revenue Board has disclosed that more than 98 per cent of taxpayers who retrieved their Tax Identification Numbers ...
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Nigeria Seeks $5.7 Billion Chinese Investment to Boost Power, Mining, and Manufacturing
The Federal Government of Nigeria is moving to secure up to $5.7 billion in prospective investments from China to strengthen ...
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Nigeria Sits on Up to $1.5tn in Stranded Capital, PeacePro Warns
Nigeria may be holding between $1tn and $1.5tn in stranded and underutilised capital, according to the Foundation for Peace Professionals ...
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Customs Hands Over 1,650 Jerrycans of Seized PMS Worth N40.7m to NMDPRA
The Comptroller-General of Customs, Adewale Adeniyi, on Friday handed over 1,650 jerrycans of Premium Motor Spirit valued at N40.7 million ...
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G-24 Warns of Rising Debt Pressures Threatening Growth in Africa
Developing economies under the Intergovernmental Group of Twenty-Four (G-24) have raised fresh concerns over rising debt burdens, shrinking fiscal space, ...
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PENGASSAN Rejects Tinubu’s Executive Order on Oil Revenue Remittance
The Petroleum and Natural Gas Senior Staff Association of Nigeria has rejected President Bola Tinubu’s newly signed Executive Order mandating ...
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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.