Energy
Oil Prices Surge Amidst Middle East Tensions Following Rocket Strike
Oil prices increased on Monday, recovering some of the losses from the previous week, driven by concerns over escalating tensions...
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Oil Prices Dip Amid Weak Chinese Demand, Balanced by U.S. Inventory Decline
Economic Indicators Show Mixed Signals for Global Oil Market On Wednesday, oil prices saw a modest decline as global benchmark...
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Oil Prices Slide Amid Concerns Over Cooling U.S. Economy
Oil prices saw a decline in early trading on Thursday as fresh economic data from the United States pointed to...
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Oil Prices Steady as Investors Await U.S. Consumer Price Data Amid Strong Summer Demand
Oil prices remained stable on Tuesday following a rise in the previous session, with investors showing caution ahead of the...
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Crude Oil Production Hits Three-Month High in May
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, rose to a...
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Funding for 20 Modular Refineries in Nigeria Stalled Due to Crude Oil Supply Guarantee Issues
International financiers, who were set to fund the construction of approximately 20 modular refineries in Nigeria, have withheld their funds...
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Power Distribution Companies Earn N292.71bn in Q1 Despite Consumer Complaints and Debt Issues
Power distribution companies in Nigeria generated a total revenue of N292.71 billion in the first quarter of this year, even...
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Nedogas Development Company Completes Construction of Kwale Gas Gathering Facility in Delta State
Delta State, Niger-Delta, Nigeria - The Nedogas Development Company Limited (NDCL), a Joint Venture between Xenergi Limited and NCDMB Capacity...
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Nigeria Aims to Reduce Petrol Importation by $4.4bn Annually Through Compressed Natural Gas Initiative
The Federal Government of Nigeria has announced plans to significantly decrease the importation of Premium Motor Spirit (PMS), commonly known...
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Dangote Refinery Raises Diesel Price to N1,100 per Litre Amid Naira Depreciation
The price of Automotive Gas Oil, commonly known as diesel, produced by the Dangote Petroleum Refinery, has surged from N940...
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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.