Energy
PCNGI Attracts $500m Investment, Converts 100,000 Vehicles in First Year
The Presidential Compressed Natural Gas Initiative (PCNGI) has recorded significant progress, attracting over $500 million in investment and creating 10,000...
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EERC Orders MainPower to Refund Over 20,000 Customers for April Overbilling
The Enugu State Electricity Regulatory Commission (EERC) has directed MainPower Electricity Distribution Company—formerly known as Enugu Electricity Distribution Company (EEDC)—to...
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TCN Advances Key Transmission Projects in Kaduna Despite Compensation Challenges
The Transmission Company of Nigeria (TCN) has made notable progress on critical electricity transmission infrastructure projects designed to enhance power...
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Oil Prices Rise as Iran Nixes U.S. Deal, OPEC+ Supply Hike Falls Short
Oil prices inched higher on Tuesday, driven by renewed supply concerns after Iran signaled it would reject a U.S. nuclear...
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Crude Oil Theft Drops Significantly in Nigeria, Says IPPG Executive
Crude oil theft in Nigeria has seen a significant decline compared to figures reported two to three years ago, according...
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NEITI Raises Alarm Over $458 Million Loss to Gas Flaring in 2023
The Nigeria Extractive Industries Transparency Initiative (NEITI) has voiced deep concern over the staggering volume of gas flared in 2023,...
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Fuel Marketers Form Alliances as Price War Between Dangote and NNPC Drives Petrol Costs Down
Nigerian fuel marketers are forging strategic partnerships aimed at reducing losses, ensuring business sustainability, and maintaining steady fuel distribution across...
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FG Injects N165bn into Gas Infrastructure with 10 Equity Deals Under MDGIF
The Federal Government has signed separate investment agreements with 10 midstream oil and gas companies, unlocking over N165 billion in...
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Oil Prices Rebound as OPEC+ Sticks to Modest Output Hike for July
Oil prices surged more than $1 a barrel in early Monday trading following OPEC+’s decision to maintain a modest production...
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$5bn African Energy Bank Nears Launch, Backed by Afreximbank and APPO
Preparations for the official launch of the $5 billion African Energy Bank (AEB) have entered their final phase, according to...
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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.