Energy
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...
Read more
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)...
Read more
OPEC Urges $14.9 Trillion Investment in Upstream Oil to Avert Global Energy Crisis
The Organisation of the Petroleum Exporting Countries (OPEC) has issued a strong call for urgent and sustained global investment in...
Read more
Nigeria-Morocco Gas Pipeline Achieves Key Milestones at Rabat Meetings
The Nigeria-Morocco Gas Pipeline project has reached major developmental milestones, with recent Technical and Steering Committee meetings held in Rabat,...
Read more
WAPCo Act Amendment Key to Cross-Border Gas Efficiency, Says Company
The West African Gas Pipeline Company Limited (WAPCo) has described the ongoing amendment of the WAPCo Act as a strategic...
Read more
Oil Prices Edge Higher Amid Prospects of New U.S. Sanctions on Russia
Oil prices inched upward on Monday, building on Friday’s strong gains as markets remained watchful of potential new U.S. sanctions...
Read more
Nigeria’s Crude Producers Invest $8bn in Rig Infrastructure to Boost Output
Crude oil producers operating in Nigeria have invested $8 billion in rig infrastructure over the past three years as part...
Read more
Petrol Imports Hit Record Low as Dangote Refinery Boosts Local Output
Nigeria’s import of Premium Motor Spirit (PMS), commonly known as petrol, dropped to a record low in June, largely due...
Read more
FG Sanctions Oil Producers for Flouting Gas Flare-Out Programme
The Federal Government has taken decisive regulatory action against some oil producers for failing to comply with the national gas...
Read more
NCDMB Launches Compliance Certificate System to Enforce Local Content Levy
In a move to enforce compliance with the statutory 1% local content levy, the Nigerian Content Development and Monitoring Board...
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.