Energy
Nigeria’s Metering Progress Stalls Amid Rise in Estimated Billing Practices, NBS Data Reveals
Despite significant progress in increasing the number of metered electricity consumers in Nigeria, the issue of estimated billing remains a...
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NNPCL Repays 60% of $1.036 Billion Loan for Stake in Dangote Refinery, Highlights Commitment to Strategic Investment
The Nigerian National Petroleum Company Limited (NNPCL) has made significant progress in repaying a $1.036 billion loan used to finance...
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Oil Prices Ease as U.S. Crude Stocks Rise Amid Diplomatic Efforts in Middle East
Oil prices experienced a slight decline on Wednesday, driven by a combination of rising U.S. crude inventories and diplomatic developments...
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Oil Prices Dip Amid Easing Middle East Tensions and Weaker Chinese Demand Outlook
Oil prices edged lower on Tuesday as market sentiment was buoyed by news that Israel had accepted a proposal addressing...
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FG’s N205 Billion Payment to Gencos Boosts Power Sector Liquidity
The federal government has taken a significant step towards resolving the liquidity challenges in Nigeria's power sector by offsetting N205...
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Nigeria’s Crude Oil Production Sees Modest Rise Amidst Ongoing Challenges
According to newly released data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, has...
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Oil Prices Set for Second Weekly Gain Despite Friday Dip Amid Positive U.S. Economic Data
Oil prices were poised for a second consecutive week of gains, even as they edged lower on Friday. The recent...
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Edo Refinery Faces Operational Crisis Due to Persistent Crude Oil Shortage Despite Presidential Directive
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), has raised concerns over...
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Oil Prices Rise for Fifth Straight Session as U.S. Recession Concerns Ease Amid Heightened Middle East Tensions
Oil prices rose for the fifth straight session on Monday, extending last week's gains of more than 3%, as easing...
Read moreOil Prices Continue to Climb Amid Easing U.S. Recession Fears and Middle East Tensions
Global oil prices rose for the fifth consecutive session on Monday, extending last week's gains of more than 3% as...
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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.