Energy
Dangote Refinery to Supply 60 Million Litres of Petrol Weekly to Independent Marketers as Fuel Prices Drop
The Dangote Petroleum Refinery, located in Lekki, Lagos, has made a significant move to supply 60 million litres of Premium...
Read more
NNPC Halts Fuel Imports, Shifts to Local Refineries Amid Government’s Push for Energy Security
In a significant shift for Nigeria’s petroleum industry, the Nigerian National Petroleum Company Limited (NNPC) has officially ceased the importation...
Read more
Oil Prices Dip as Hurricane Threat Eases
Oil prices slipped on Friday after Hurricane Rafael, which had prompted fears of a major disruption to U.S. oil production...
Read more
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Blocks Shell’s Oil Asset Sale, Approves Exxon Mobil Deal
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has blocked Shell’s proposed sale of its onshore and shallow-water oil operations while...
Read more
Oil Prices Decline Amid Middle East Tensions and Slowing Chinese Demand
Oil prices decline Tuesday as U.S. Secretary of State Antony Blinken renewed diplomatic efforts for a ceasefire in the Middle...
Read more
Power Sector: Minister of Power Advocates for Regional Power Grids to Combat Grid Collapses
The Minister of Power, Adebayo Adelabu, has emphasized the urgent need for establishing regional power grids in Nigeria to mitigate...
Read moreNERC Reports 48% Revenue Surge for DisCos in Q2 2024 Amid Tariff Hikes
The Nigerian Electricity Regulatory Commission (NERC) has reported a remarkable 48% increase in revenue generated by the 11 electricity distribution...
Read more
NASENI Targets Commercialization of 52 Products Under New Leadership
The National Agency for Science and Engineering Infrastructure (NASENI) is poised for a transformative shift as it embarks on a...
Read more
Oil Prices Steady as Markets Eye U.S. Federal Reserve Rate Cut and Middle East Tensions
Oil prices stabilized on Wednesday after a two-day rally, as investors await the U.S. Federal Reserve’s expected interest rate cut...
Read more
NERC Unveils Solar Auction Framework to Boost Nigeria’s Renewable Energy Capacity
The Nigerian Electricity Regulatory Commission (NERC) has organized a workshop in Abuja to showcase key findings from two landmark studies—the...
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.