Energy
Oil Prices Jump as Iran Intensifies Attacks Across Middle East
Global oil prices surged on Thursday after Iran intensified attacks on oil and transport facilities across the Middle East, heightening...
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Global Stocks Slide as Oil Surges After Tanker Attacks in Iraqi Waters
Global financial markets came under pressure as stocks declined and oil prices surged following attacks on tankers in Iraqi waters,...
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Dangote Raises Alarm Over Continued Petrol Import Licences in Nigeria
President of Dangote Industries Limited, Aliko Dangote, has alleged that Nigeria’s downstream regulator is still issuing licences for the importation...
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Power Crisis Looms as Gas Suppliers Halt Supply Over N3.3tn Debt
Nigeria’s electricity crisis may worsen in the coming weeks as gas suppliers halt supply to thermal power plants over an...
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Iran Threatens to Block Oil Through Strait of Hormuz, Warns Prices Could Hit $200 per Barrel
Iran has declared that it will not allow a single litre of oil to pass through the strategic Strait of...
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Wale Edun Says Nigerians Should Be Thankful for Local Refining Capacity Amid Rising Fuel Prices
Nigeria’s Minister of Finance, Wale Edun, has said the current increase in petrol prices reflects market realities, urging Nigerians to...
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NUPENG Warns Oil Sector Jobs at Risk Amid Global Market Volatility
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned that ongoing volatility in the global oil market...
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NERC Mandates Private Transmission Substations to Obtain Permits Within 45 Days
The Nigerian Electricity Regulatory Commission (NERC) has ordered owners of private transmission substations connected to the national grid to secure...
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Dangote Refinery Supplies 92% of Nigeria’s Petrol as Government Pauses Imports
Nigeria’s fuel supply landscape is undergoing a major transformation as the Dangote Petroleum Refinery now accounts for about 92 per...
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Dangote Refinery Slashes Petrol Price by N100 as Global Oil Prices Fall
The Dangote Refinery has reduced its petrol gantry price by N100, bringing the cost down from N1,175 to N1,075 per...
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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.