Energy
IPMAN Identifies Reasons for New Hike in Fuel Price to N617 per Litre
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Okoronkwo, has shed light on the recent...
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OPEC: NIGERIA’s oil output drops 5.5% to 1.249 mb/d oil theft persist
Nigeria's oil output experienced a month-on-month decline of 5.5% in June 2023, dropping to 1.249 million barrels per day (mb/d)...
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Oil Prices Inch Upward Ahead of US Crude Stockpile Data
Oil prices experienced a slight increase in Asian trade on Tuesday as investors anticipated a potential tightening of U.S. crude...
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India Expresses Willingness to Collaborate with Nigeria on Energy Transition
The India High Commission in Nigeria has affirmed its commitment to collaborating with the Nigerian energy sector to facilitate a...
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NERC Calls for Stakeholders Meeting to Review Proposed Electricity Tariff Increase
The Nigerian Electricity Regulatory Commission (NERC) has requested stakeholders in the electricity sector to participate in a public response regarding...
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NCDMB to Issue Policy Directives on Local Manufacturing in Oil and Gas Sector
The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to issue policy directives regarding the in-country manufacturing capabilities...
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Nigeria Emerges as Dominant Gas Supplier in Africa with Potential for Sustained Sub-Saharan Supply
In a recent announcement, the Federal Government of Nigeria revealed that the country now accounts for a staggering 33% of...
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Subsidy: NNPC to reconcile N2.1trn deduction with FAAC
The Nigerian National Petroleum Company (NNPC) Limited says it would reconcile subsidy deductions with the federation. The Federation Account Allocation Committee...
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Oil Prices Retreat Amid Global Economic Slowdown Concerns
Oil prices experienced a decline on Wednesday, reversing earlier gains prompted by Saudi Arabia and Russia's announcement to extend and...
Read moreOil steady as markets weigh supply cuts against mixed macro views
Oil prices held steady early on Tuesday as markets weighed supply woes from cuts for August by top exporters Saudi...
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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.