Energy
World Bank Approves $750m Loan to Boost Nigeria’s Power Sector
The World Bank Group has given its approval for a loan of $750 million to enhance Nigeria's power sector, marking...
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Petroleum Marketers Demand Immediate Release of N30.96 Trillion Worth of Fuel from NNPCL Following Subsidy Removal
Petroleum marketers in Nigeria are urging the Nigerian National Petroleum Company Limited (NNPCL) to promptly release their outstanding supplies of...
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FG Summons Oil Marketers to Discuss Closure of Petroleum Equalization Fund
In accordance with the provisions of the Petroleum Industry Act 2021, the Federal Government of Nigeria has initiated the process...
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Marketers set for CNG Rollout at N100/litre Following Subsidy Removal
Following the removal of petrol subsidies by the Nigerian government, the transportation industry in the country is poised to experience...
Read moreFG issues two oil export terminal licenses, eyes $11bn
The Federal Government, on Tuesday, issued and signed licenses for the establishment of two crude oil export terminals, capable of...
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Nigeria’s Oil Production Surges by 15.6% to Reach 1.3 Million Barrels per Day
The latest report from the Organization of Petroleum Exporting Countries (OPEC) has revealed that Nigeria's oil output, excluding condensate, experienced...
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OML34: Host communities vow to shut down operations
Host communities of Oil Mining Lease 34 in Delta State have vowed to shut down operations over alleged ill-treatment by...
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Oil Prices Set for Second Weekly Loss as Skepticism on Demand Concerns and Iran Deal Persist
Oil prices are poised to register their second consecutive weekly decline as they continued to fall on Friday due to...
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Oil revenue crash pushes FG’s deficit to N513bn in February
The Federal Government’s fiscal operations in the early part of this year have resulted into a 22.8 per cent rise...
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Oil eases as weaker demand outlook returns to focus
Oil prices dipped on Thursday as demand concerns tied to a global economic slowdown overshadowed a pending fall in supply...
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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.