Energy
Rising Refining Capacity Reshapes West Africa’s Fuel Market – MEMAN
The Major Energies Marketers Association of Nigeria (MEMAN) has highlighted the growing domestic refining capacity as a significant game-changer in...
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FG Begins Phase Two of Siemens Power Project to Boost Grid Capacity
The Federal Government has commenced Phase Two of the Siemens power project, a key component of the Presidential Power Initiative...
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Dangote Refinery Set to Begin Direct Fuel Distribution as 1,000 CNG Trucks Arrive
Barring any last-minute changes, the Dangote Petroleum Refinery is set to commence its direct fuel distribution scheme, as 1,000 Compressed...
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DisCos Collect ₦1.1 Trillion Revenue in H1 2025, Customers Owe ₦385bn
The 11 electricity Distribution Companies (DisCos) in Nigeria collected ₦1.101 trillion in revenue from customers during the first half of...
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FG Plans to Offset ₦2.7tn Gas Debt Using Royalty Credits
The Federal Government has unveiled plans to clear ₦2.7 trillion owed to gas companies by offsetting the debt with royalty...
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NUPRC Completes Review of Marginal Oil Field Licences, Awaits Minister’s Approval
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded a case-by-case review of marginal oil field licences due for renewal,...
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NNPCL Posts N185bn Profit in July, Remits N7.9tr to Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦185 billion for July 2025, marking...
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Nigeria Produces 1.37 Trillion scf of Gas in H1 2025, Flares 7.4%
Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to new...
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Delta, REA Sign MoU to Provide Off-Grid Power for 471 Communities
The Delta State Government has signed a Memorandum of Understanding (MoU) with the Rural Electrification Agency (REA) for the deployment...
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DisCos Owe FG Over N2.7 Trillion in Unpaid Electricity Bills – NBET
The Nigerian Bulk Electricity Trading Company (NBET) Plc has revealed that 11 Electricity Distribution Companies (DisCos) owe the Federal Government...
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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.