Energy
Petrol Marketers Expect Price Crash as Crude Oil Drops
Petroleum marketers across Nigeria have expressed optimism over a possible crash in the pump price of Premium Motor Spirit (PMS),...
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UK Withdraws from $33 Billion Morocco-UK Power Project Over Delivery, Security Concerns
The United Kingdom has withdrawn its support from the ambitious Morocco-UK energy project, a $33 billion plan to transmit renewable...
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Oil Prices Log Sharpest Weekly Drop Since March 2023 Amid Easing Iran-Israel Tensions
Oil prices are on track for their steepest weekly decline since March 2023, as markets erased risk premiums tied to...
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States Take Charge as Electricity Market Decentralises Under New Act
A new era of electricity governance is unfolding in Nigeria, as seven states have officially assumed control of their electricity...
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Nigeria Exported 82% of Crude Oil in Q1 2025 Amid Local Refinery Shortages — NUPRC
Amid growing concerns from local refiners over limited crude supply, Nigeria exported a staggering 82 per cent of its crude...
Read moreOil Prices Edge Higher on U.S. Crude Drawdown and Middle East Caution
Oil prices ticked up on Thursday, building on the previous day’s gains after a larger-than-expected drawdown in U.S. crude stocks...
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NMDPRA Launches Lubricant Importation Module to Tackle Substandard Products
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced major steps to regulate and streamline the quality of...
Read moreNigeria Attracts $16 Billion in Oil and Gas Investments Between 2023 and 2025 — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria attracted $16 billion in oil and gas investments between...
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NERC Transfers Electricity Market Oversight to Abia State Regulator
The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory oversight of the electricity market in Abia State to the...
Read moreNUPRC Notifies Oil Firms of Expiring Licences, Sets $5,000 Extension Fee
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued official notices to over 40 holders of Petroleum Prospecting Licences (PPL),...
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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.