Energy
EU Eases State Aid Rules to Cushion Energy Shock on Farms and Industry
The European Union (EU) has temporarily relaxed its state aid rules to allow member states to inject public funds into...
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Fuel Prices Surge in Nigeria as Petrol Hits N1,288, Diesel Climbs to N1,648 in March
Nigeria recorded a sharp increase in fuel prices in March 2026, with both petrol and diesel costs rising significantly, intensifying...
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UAE Announces Exit from OPEC, OPEC+ Amid Rising Middle East Tensions
The United Arab Emirates has announced it will withdraw from the OPEC and OPEC+ oil alliances, marking a major shift...
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TotalEnergies Profit Jumps 51% to $5.8bn on Surge in Oil Prices
French oil major TotalEnergies reported a 51 per cent rise in net profit for the first quarter, reaching $5.8bn, driven...
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NUPRC Board Resumes Duties, Targets Stronger Oversight Amid Oil Market Volatility
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission. (NUPRC) has formally resumed duties, pledging to strengthen regulatory...
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World Bank Commits $8.2bn to Power 300 Million Africans Under “Mission 300”
The World Bank Group has pledged $8.2bn to expand electricity access across Sub-Saharan Africa, targeting one of the region’s most...
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NNPC Raises Crude Prices as Global Oil Rally Deepens Amid US-Iran Tensions
The Nigerian National Petroleum Company Limited has increased the official selling prices of all 37 Nigerian crude grades for May-loading...
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NDPHC, NCDMB Plan 10MW Power Supply for Odukpani Oil and Gas Park
The Niger Delta Power Holding Company Limited (NDPHC) and the Nigerian Content Development and Monitoring Board (NCDMB) are set to...
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Afreximbank Backs Three New Refineries in Nigeria to Cut Fuel Imports
The African Export-Import Bank (Afreximbank) has announced plans to finance three additional refineries in Nigeria, in a move aimed at...
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Oil Prices Climb as US-Iran Tensions Persist, Global Stocks Mixed
Oil prices rose on Monday as tensions between the United States and Iran showed no signs of easing, while global...
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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.