Energy
NMDPRA Warns Regulatory Uncertainty Could Undermine Nigeria’s Petroleum Investments
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Umar, has warned that uncertainty in...
Read more
Nigeria Records Lowest Electricity Tariff Among 14 Selected African Countries in 2025
Nigeria recorded the lowest average electricity tariff among 14 selected African countries in 2025, with an average allowed end-user tariff...
Read more
REA Launches RAMCO to Sustain Renewable Energy Projects in Universities, Hospitals
The Rural Electrification Agency (REA) has launched the Renewable Asset Management Company to manage and sustain publicly funded renewable energy...
Read more
DisCos Fail to Collect N669.49 billion in Electricity Bills in 2025
Nigeria’s electricity distribution companies (DisCos) failed to collect N669.49 billion from electricity bills issued to customers in 2025, raising fresh...
Read more
Oil Prices Fall as Iran-Oman Talks Raise Hopes of Strait of Hormuz Reopening
Oil prices fell by more than $2 a barrel on Wednesday as renewed talks between Iran and Oman raised hopes...
Read more
Dangote Refinery Raises Petrol Gantry Price to N1,200 Per Litre
Dangote Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (PMS), commonly known as petrol,...
Read more
Nigeria’s Petrol Consumption Drops 25% as Stock Cover Rises to 22 Days
Nigeria recorded a sharp decline in domestic petrol supply and consumption in July 2026, even as stock levels improved across...
Read more
Nigeria’s Seaborne Fuel Exports Surge Seven-Fold as Dangote Refinery Boosts Supply
Nigeria’s seaborne petroleum product exports have increased seven-fold since 2023, driven largely by rising output from the Dangote Petroleum Refinery,...
Read moreNigeria Needs $23 Billion to Fix Electricity Challenges, Says REA Boss
Nigeria needs approximately $23 billion to address its electricity challenges and improve the reliability of power supply across the country,...
Read more
NPA Saves NDPHC Billions Through Recovery of Abandoned Power Equipment
The intervention of the Nigerian Ports Authority (NPA) has saved the Niger Delta Power Holding Company Limited (NDPHC) billions of...
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.