Energy
NEITI Submits $74.386bn 12-year Subsidy Expenditure Report to Reps
The Nigeria Extractive Industries Transparency Initiative (NEITI) has presented a detailed report on the expenditure of $74.386 billion in fuel...
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Oil rises ahead of Fed meeting as Middle East conflict persists
Oil prices edged up in early Asian trade on Wednesday ahead of key global central bank meetings this week including...
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BP posts profits of $3.3bn as oil prices rise again
Energy giant BP has reported lower than expected profits despite global oil prices rising again. The company posted profits of...
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Nigeria’s Power Sector 10 Years After Privatization: Minister Threatens Sanctions Over Poor Performance
The Minister of Power, Adebayo Adelabu, has issued a stern warning, threatening to revoke the licenses of underperforming companies in...
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Oil Prices Recover in Asian Trade Amid Middle East Tensions Despite Weak China Data
Oil prices experienced an upturn in Asian trading on Tuesday, following a more than 3% decline in the previous session....
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NUPRC to sanction firms starving private refineries of crude oil
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned companies charged with the responsibility of supplying crude oil to private refineries...
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Oil, Bonds Fall as Mideast Worst-Case Fears Ease
Oil slipped with gold and government bonds as demand for haven assets eased after Israel’s military action in Gaza proceeded...
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Oil prices regain some ground on Israel-Hamas war uncertainty
Oil prices rose on Tuesday, recovering some of the previous day's losses, as investors remained nervous that the Israel-Hamas war...
Read moreWithout subsidy, most Nigerians can’t afford cost of electricity – DisCos
The Association of Electricity Distributors of Nigeria (ANED) has emphasized that the majority of Nigerians would struggle to afford the...
Read moreOil Prices Drop Over $1 Amid Diplomatic Efforts to Contain Israel-Hamas Conflict
Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain the conflict between...
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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.