Energy
Oil Prices Edge Higher as Markets Await Clarity on Ukraine-Russia Peace Framework
Oil prices recorded slight gains on Wednesday as traders weighed the prospects of a potential peace agreement between Ukraine and...
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Dangote Partners with Honeywell to Double Refinery Capacity to 1.4 Million BPD
Dangote Group has announced a strategic partnership with Honeywell to enhance its refining operations and double the capacity of its...
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Nigeria Distributed Only 40% of Installed Power Capacity in October – NERC Report
A newly released factsheet by the Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies supplied only an...
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FG Warns Illegal Gas Retailers After Deadly Ibadan Explosion
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has issued a strong warning against unauthorized gas retail operations...
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Lagos Stakeholders Urge Increased Investment to Strengthen Nigeria’s Power Sector
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) have called for significant new investments in...
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Reps Launch Probe into 17 Years of Power Sector Reforms
The House of Representatives has begun a major investigation into reforms carried out in Nigeria’s power sector over the last...
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TotalEnergies Signs Asset Swap Deal with Conoil to Boost Offshore Development in Nigeria
TotalEnergies has announced the signing of a major asset swap agreement with Nigerian independent oil producer Conoil Producing Limited, involving...
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Nigeria Projects Nearly $1bn Annual Revenue from Electricity Exports by 2026
The Federal Government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African countries...
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Dangote Refinery Denies Viral Video Linking It to Petrol Delivery by Dispatch Riders
The Dangote Petroleum Refinery has dismissed a viral video suggesting it is partnering with a company to distribute petrol through...
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FG to Launch Nigerian Content Equity Fund to Boost Local Oil and Gas Industry
The Federal Government, through the Nigerian Content Development and Monitoring Board (NCDMB), has announced the upcoming launch of the Nigerian...
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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.