Nigeria Records $6.83 Billion Balance of Payment Surplus in 2024, Signaling Economic Revival
Nigeria Achieves $6.83 Billion Balance of Payment Surplus in 2024, Indicating Economic Recovery Nigeria has recorded a balance of payments ...
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Tag: #NigeriaEconomy
Domestic Economy: CBN Facilitates 17.2% Increase in International Payments, Despite Decline in Foreign Exchange Inflows
According to the Central Bank of Nigeria (CBN), international payments facilitated by the apex bank grew by 17.2% year-on-year to ...
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CBN Injects $197.71 Million to Boost Nigeria’s FX Market Amid Global Shocks
The Central Bank of Nigeria (CBN) has injected $197.71 million into the country’s foreign exchange market to ensure liquidity and ...
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Nigeria’s Private Sector Credit Soars 30% YoY to N75.85tn in September 2024
Nigeria’s private sector credit experienced impressive growth in the first nine months of 2024, reaching N75.85 trillion in September. This ...
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Nigeria’s Macroeconomic Environment Now Investor-Friendly, Says Finance Minister Wale Edun
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has declared that Nigeria's macroeconomic environment is now ...
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SEC DG Urges Capital Market Stakeholders to Maximize Potential for Economic Growth
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged stockbrokers and other capital market stakeholders ...
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Nigeria’s Manufacturing Sector Sees Surge in Investment Amid Challenges of Job Loss and Low Capacity Utilization
Despite facing significant hurdles due to the depreciation of the naira in 2023, Nigeria’s manufacturing sector has experienced notable growth ...
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Naira gains 5bps to NGN1,600.00/USD amid demand-supply imbalance challenges
Last week, the naira appreciated marginally by 5 basis points to NGN1,600.00/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), ...
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Nigeria’s FX Reserves Increase by USD337.89 Million, Naira Appreciates by 3.0% w/w at NAFEM
Nigeria’s foreign exchange (FX) reserves recorded an accretion this week, with the gross reserves level increasing by USD337.89 million week-on-week ...
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SEC Embraces Blockchain Potential to Revolutionize Nigeria’s Capital Markets
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the commission’s recognition of blockchain ...
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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.