Discos Post 40% Revenue Surge in April Despite Drop in Electricity Supply
Nigeria’s electricity Distribution Companies (Discos) recorded a 40% year-on-year revenue increase in April 2025, collecting a record N199.85 billion, even...
NMDPRA Strengthens Regulatory Framework with Legal Forum for Petroleum Sector
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reaffirmed its commitment to enforcing a unified culture of compliance...
Nigeria Renews Bid for IMO Council Seat, Showcases Maritime Potential in Singapore
Nigeria has reaffirmed its commitment to securing a seat in Category C of the International Maritime Organization (IMO) Council, as...
Asian Shares Dip as Fed Rate-Cut Hopes Fade After U.S. Inflation Update
Asian markets declined on Wednesday as traders scaled back expectations of aggressive interest rate cuts by the U.S. Federal Reserve,...
Oil Prices Rise on Strong Summer Demand in U.S. and China
Oil prices rose on Wednesday, supported by expectations of robust summer demand in the United States and China, the world’s...
Nigeria Surpasses OPEC Quota in June with 1.5m Daily Crude Output
Nigeria’s daily crude oil production climbed above its OPEC-assigned quota in June 2025, marking the second time this year the...
UK Inflation Rises to 3.6% in June Amid Cost of Living Pressures
The UK’s annual inflation rate rose to 3.6% in June, up from 3.4% in May, according to figures released by...
UBA Celebrates 10 Years of Digital Transformation with VERiCASH, Launches Customer Reward Promo
United Bank for Africa (UBA) Plc, Africa’s Global Bank, is marking 10 years of groundbreaking digital transformation through its long-standing...
Nigeria Seeks 25% OPEC Quota Increase, Targets 2 Million bpd by 2027
The Nigerian National Petroleum Company Limited (NNPC) says it plans to approach the Organisation of the Petroleum Exporting Countries (OPEC)...
SERAP Sues NNPCL Over Missing N825bn, $2.5bn for Refinery Rehabilitation
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over...
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.