Power Distribution Companies Owe N208.8bn to Nigeria’s Electricity Supply Industry in 2022
The Federal Government has revealed that power distribution companies (Discos) in Nigeria have failed to remit a total of N208.8...
FG Deploys Mini-Grids to Enhance Power Supply in Rural Communities
The Nigerian Federal Government has announced an increased deployment of mini-grids in rural communities to bolster power supply and mitigate...
Nigeria’s Debt Servicing Costs Surge by 55.71% to N1.24tn in Three Months
Nigeria's debt servicing costs have experienced a significant increase, soaring by 55.71% to reach N1.24 trillion within a span of...
Oil eases on uncertain demand, market eyes US inventory data
Oil futures dipped on Thursday (22 June) amid demand fears after the Federal Reserve chairman hinted at further interest rate...
FG Pledges More Dollar Supply to Stabilise Naira
The federal government has disclosed that it may inject some foreign exchange into the economy to shore up the value...
Manufacturers Association of Nigeria (MAN) to adopt green manufacturing
The Manufacturers Association of Nigeria (MAN) has said it is set to support green manufacturing to reduce the negative impacts of...
FG, lawyers meet over PIA implementation
The Federal Government, on Wednesday, engaged the General Counsel and Legal Advisers’ Forum of the Mid and Downstream Operators in...
Natural gas 400% cheaper than petrol, say marketers
The use of Compressed Natural Gas in automobiles, when fully deployed, is going to be over 400 per cent cheaper...
Discos generated N480bn in six months, says NBS
The total amount of revenue generated by electricity distribution companies rose by 20.81 per cent despite a drop of 1.74...
Palliative: FG commences distribution of free solar systems
The Federal Government has flagged off the distribution of free solar home systems across the country as a way to...
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.