Energy
TotalEnergies Sells 40% Stake in Nigerian Offshore Licenses to Chevron
TotalEnergies has announced the sale of a 40% stake in two offshore exploration licenses in Nigeria to Chevron, in a...
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Dangote Refinery to Supply 1.5bn Litres of Petrol Monthly to Ensure Nationwide Fuel Availability
The Dangote Petroleum Refinery has announced plans to supply 50 million litres of Premium Motor Spirit (PMS)daily—amounting to 1.5 billion...
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OPEC+ Maintains Nigeria’s 1.5m bpd Oil Production Quota Until 2026
Nigeria’s crude oil production quota has been maintained at 1.5 million barrels per day (bpd) by the Organisation of the...
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FG’s Power Reforms Attract $2bn Investment as Nigeria Moves Toward Multi-Tier Electricity Market — Adelabu
The Federal Government’s ongoing power sector reforms are beginning to yield measurable results, with more than $2 billion in new...
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NEITI Boss Adar Targets Comprehensive Amendment of 2007 Act, Says Law Is Outdated
Newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Hon. Musa Sarkin Adar, has pledged to pursue...
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Oil Prices Edge Higher as Markets Await Clarity on Ukraine-Russia Peace Framework
Oil prices recorded slight gains on Wednesday as traders weighed the prospects of a potential peace agreement between Ukraine and...
Read moreDangote Partners with Honeywell to Double Refinery Capacity to 1.4 Million BPD
Dangote Group has announced a strategic partnership with Honeywell to enhance its refining operations and double the capacity of its...
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Nigeria Distributed Only 40% of Installed Power Capacity in October – NERC Report
A newly released factsheet by the Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies supplied only an...
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FG Warns Illegal Gas Retailers After Deadly Ibadan Explosion
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has issued a strong warning against unauthorized gas retail operations...
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Lagos Stakeholders Urge Increased Investment to Strengthen Nigeria’s Power Sector
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) have called for significant new investments in...
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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.