Energy
Oil Prices Drop to $72 as US-Iran Deal Eases Strait of Hormuz Concerns
Global oil prices fell to around $72 per barrel on Thursday, their lowest level since the United States-Iran conflict began...
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FG Commissions 505kW Solar Mini-Grid in Epe, Unveils Additional 5MW Renewable Energy Expansion
The Federal Government has commissioned a 505-kilowatt interconnected solar mini-grid in Epe, Lagos State, and announced plans to develop an...
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Petrol Price Surges 55.3% to N1,596 Per Litre in May — NBS
The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, increased by 55.31 per cent year-on-year to...
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Renewable Energy Fastest Route to Nigeria’s Economic Growth, REA Boss Says
The Managing Director and Chief Executive Officer of the Rural Electrification Agency (REA), Dr. Abba Aliyu, has described distributed renewable...
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Nigeria Exports N105.5bn Worth of Petrol to Togo as Dangote Fuel Dominates Regional Trade
Nigeria exported Premium Motor Spirit (PMS), popularly known as petrol, worth N105.5 billion to Togo in the first quarter of...
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FG Approves Fresh Petrol, Diesel Imports for Q3 2026 Amid Supply Concerns
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved fresh imports of petrol and...
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Petrol Price Decline May Drive Motorists Back to Fuel, Oil Marketers Say
The recent decline in petrol prices across Nigeria may encourage many motorists and small business owners who switched to Compressed...
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Domestic Crude Supply to Nigerian Refineries Falls to 15.84 Million Barrels in May 2026
Domestic crude supply to Nigeria’s refineries declined to 15.84 million barrels in May 2026, even as the facilities recorded a...
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Nigeria Remains Among World’s Top Gas-Flaring Nations Despite Reduction Efforts
Nigeria remained one of the world’s largest gas-flaring countries in 2025, ranking among nine nations that collectively accounted for 83...
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Aradel Holdings Posts Record N728.52bn Revenue, Profit Surges 322% in Q1 2026
Aradel Holdings Plc has reported a record-breaking financial performance for the first quarter ended 31 March 2026, posting unprecedented growth...
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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.