CBN Holds Benchmark Interest Rate at 27.5% to Sustain Disinflation Momentum
The Central Bank of Nigeria (CBN) has decided to maintain all key monetary policy parameters, including the Monetary Policy Rate ...
Read more
Tag: #Nigerianeconomy
NNPC Remits ₦6.96tn to Federation Account in Five Months, Posts ₦905bn June Profit
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disclosed that it remitted a total of ₦6.96 trillion to the ...
Read more
IMF Flags Weak Social Safety Net in Nigeria Amid Ongoing Reforms
The International Monetary Fund (IMF) has expressed concern over the lack of a robust social safety net in Nigeria, warning ...
Read more
NGX Group Chairman Applauds Dangote, Urges Listing of Fertiliser and Refinery Businesses
The Group Chairman of the Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has commended Africa’s richest man, Aliko ...
Read moreNNPCL Reports N748bn Profit, N5.89tn Revenue in Q1 2025
The Nigerian National Petroleum Company Limited (NNPCL) has released its first financial report under the current leadership, detailing a strong ...
Read more
Seven States Spend 190% of IGR on Debt Servicing in Q1 2025
Seven Nigerian states are facing severe fiscal pressure, having spent an average of 190 per cent of their Internally Generated ...
Read more
CBN Launches Re-Validation of $2.4bn Foreign Exchange Claims Amidst Manufacturer Concerns
The Central Bank of Nigeria (CBN) has initiated a re-validation exercise aimed at addressing the complaints of manufacturers and importers ...
Read more
FOREX: CBN Caps Bureau De Change Cash Sales at $5,000 Per Transaction to Stabilize Market
The Central Bank of Nigeria (CBN) has imposed a limit of $5,000 on the amount of foreign exchange that Bureau ...
Read more
Nigeria’s Crude Oil Production Increases by 36,983 bpd in August Amid Intensified Fight Against Oil Theft
Nigeria’s crude oil and condensate production saw a slight increase in August 2024, rising by 36,983 barrels per day (bpd) ...
Read more
Nigeria’s First-Quarter Revenue for 2024 Surges to N9.1 Trillion Without Tax Hikes
Nigeria has achieved a significant fiscal milestone, with its first-quarter revenue for 2024 reaching N9.1 trillion—more than double the amount ...
Read more
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.