Energy
NEITI Raises Alarm Over $458 Million Loss to Gas Flaring in 2023
The Nigeria Extractive Industries Transparency Initiative (NEITI) has voiced deep concern over the staggering volume of gas flared in 2023,...
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Fuel Marketers Form Alliances as Price War Between Dangote and NNPC Drives Petrol Costs Down
Nigerian fuel marketers are forging strategic partnerships aimed at reducing losses, ensuring business sustainability, and maintaining steady fuel distribution across...
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FG Injects N165bn into Gas Infrastructure with 10 Equity Deals Under MDGIF
The Federal Government has signed separate investment agreements with 10 midstream oil and gas companies, unlocking over N165 billion in...
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Oil Prices Rebound as OPEC+ Sticks to Modest Output Hike for July
Oil prices surged more than $1 a barrel in early Monday trading following OPEC+’s decision to maintain a modest production...
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$5bn African Energy Bank Nears Launch, Backed by Afreximbank and APPO
Preparations for the official launch of the $5 billion African Energy Bank (AEB) have entered their final phase, according to...
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DAPPMAN: Only Dangote Refinery Can Supply Us Petrol, Not NNPC Facilities
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has declared that its members can only source Premium Motor...
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Oil Prices Steady as U.S.-China Trade Optimism Boosts Market, Iran Deal Speculation Caps Gains
Global oil prices held firm on Friday, poised to notch a second straight week of gains, supported by easing tensions...
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Gencos Urge President Tinubu to Expedite Meeting Over N4.7tn Power Sector Debt
Gencos Urge President Tinubu to Expedite Meeting Over N4.7tn Power Sector Debt Electricity generation companies (Gencos) have called on President...
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Downstream Price War Between Dangote Refinery and NNPC Sparks Unethical Practices, Hurts Small Fuel Retailers
The intense price war between Dangote Petroleum Refinery and NNPC Retail Limited has sharply reduced petrol prices across Nigeria’s downstream...
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Federal Government to Deliver 175 New CNG Refilling Stations Within 18 Months
The Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGI), has announced that 175 new Compressed Natural Gas (CNG)...
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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.