Energy
NARTO resumes petrol lifting as FG, Fuel Marketers Reach Consensus on Petrol Freight Charges
In a significant development aimed at stabilizing the fuel supply chain in Nigeria, the Federal Government, together with key stakeholders...
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FG Hands Over Zungeru Hydroelectric Power Plant to Penstock Limited
In a significant development aimed at bolstering Nigeria's power generation capacity, the Federal Government officially transferred the operations of the...
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Oil Prices Edge Higher Amid Red Sea Shipping Concerns and U.S. Rate Cut Speculations
Oil prices experienced a modest recovery in Asian trading on Wednesday, driven by increasing concerns over attacks on shipping routes...
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Oil prices hover near 3-week highs on Middle East tensions, China demand
On Tuesday, oil prices maintained their stability, hovering close to three-week highs, fueled by heightened tensions in the Middle East...
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FG Steps in to Avert Fuel Supply Disruption Amidst Rising Operational Costs as Petrol Tankers begin strike
In an effort to prevent the planned suspension of operations by the Nigerian Association of Road Transport Owners (NARTO) members,...
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Dangote Oil Refinery Issues Tenders for First Fuel Exports, Marking Milestone for Nigeria
Nigeria's Dangote oil refinery, the largest in Africa with a capacity of 650,000 barrels per day, has issued tenders for...
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Oil Prices Dip as U.S. Crude Inventories Surge, Raising Demand Concerns
Oil prices experienced a decline in early trade on Thursday following a significant increase in U.S. crude inventories, triggering concerns...
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FG Attributes Low Electricity Supply to N3 Trillion Debt to Gas and Power Companies
In a press briefing on Wednesday, the Minister of Power, Adebayo Adebayo, revealed that the federal government's outstanding debt of...
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Crude Oil Prices: Agusto & Co. Warns of significant Impact on Nigeria’s Economy and GDP growth in 2024
Pan-African Credit Rating Agency Agusto & Co. has predicted a shift in crude oil prices, estimating that they may settle...
Read moreGlobal Economic Concerns Stifle Oil Price Surge Despite Geopolitical Unrest
In a challenging start to the week for the energy markets, oil prices faced resistance on Monday as economic uncertainties...
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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.
