Recapitalisation Deadline Looms as 13 Banks Race to Meet CBN Capital Threshold
Fresh concerns are emerging over the fate of at least 13 banks still racing to meet new minimum capital requirements ...
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Tag: #NigeriaEconomy
New Tax Laws Will Drive Nigeria’s Transition to Modern Economy — Iyabo Masha
The Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, Iyabo Masha, has said Nigeria’s new ...
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LCCI Backs CBN’s 50 Basis Point Rate Cut, Seeks Sustained Easing Cycle
The Lagos Chamber of Commerce and Industry has welcomed the decision of the Monetary Policy Committee of the Central Bank ...
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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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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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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.