Energy
NNPCL Records N535bn June Profit as Revenue Hits N4.39tn
The Nigerian National Petroleum Company Limited (NNPCL) recorded a profit after tax (PAT) of N535 billion in June 2026, representing...
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FCCPC Warns DisCos Against Charging Consumers for Obsolete Meter Replacement
The Federal Competition and Consumer Protection Commission (FCCPC) has warned electricity distribution companies (DisCos) and other operators in the power...
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Oil Prices Slip but Remain on Track for 20% Monthly Gain Amid Middle East Tensions
Oil prices declined on Friday but remained on course for a monthly increase of about 20 per cent as rising...
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Seplat Energy Agrees $281.6 Million Sale of 10% Stake in NNPC Joint Venture Assets
Seplat Energy Plc has signed a legally binding agreement to sell a 10 per cent working interest in its joint...
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Shell Q2 Profit More Than Doubles to $9.84 Billion on Higher Energy Prices
Shell has reported a sharp rise in second-quarter profit, with net earnings more than doubling year-on-year to $9.84 billion, driven...
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Power Restored Across Several Parts of Kenya After Widespread Outage
Electricity has been restored in several parts of Kenya following a widespread power outage that affected multiple regions on Wednesday...
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Nigeria’s Crude Oil Export Earnings Fall 14.4% to $31.54bn – CBN
The Federal Government’s crude oil export earnings fell by 14.41 per cent to $31.54 billion in 2025, down from $36.85...
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Oil Firms Reject Proposed 3% Levy for South-South Development Commission
Oil industry operators and petroleum regulators have opposed a proposal seeking to compel oil and gas companies operating in the...
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NLNG Generates Over $150bn in Revenue, Exports 6,000 LNG Cargoes
Nigeria LNG Limited (NLNG) has generated more than $150 billion in revenue and exported over 6,000 liquefied natural gas (LNG)...
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Reps Move to Bridge Gap Between Fuel Importers, Local Refiners
The House of Representatives Committee on Petroleum Resources (Downstream) has launched a fresh initiative to reconcile differences between petroleum importers...
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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.