Energy
IPPG Backs NUPRC’s One Million Barrels Initiative as Nigeria Hits 97% of OPEC Quota
The Independent Petroleum Producers Group (IPPG) has pledged its full support for the Project One Million Barrels Incremental initiative, launched...
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Nigeria Records N12.96tn Crude Exports in Q1 2025 Despite Refinery Feedstock Challenges
Nigeria exported crude oil and petroleum products valued at ₦12.96 trillion in the first quarter of 2025, according to the...
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Federal Government Set to Cancel Inactive Oil Licenses in new Policy
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to implement the ‘drill or drop’ policy across the country’s...
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Weak Chinese demand, OPEC+ supply growth, and pending Trump review weigh on oil prices
Oil prices eased slightly on Wednesday as global markets processed the outcome of US-China trade negotiations, which are still pending...
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Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia
Oil prices slipped further on Thursday, weighed down by a combination of rising U.S. fuel inventories, Saudi Arabia’s price cuts...
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Ekperikpe Ekpo Minister of State for Petroleum Resources (Gas) Inaugurates First LNG-to-CNG Hub in North-East
Nigeria has recorded a major milestone in its gas infrastructure development with the inauguration of the first Liquefied Natural Gas...
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One-Stop Shop Initiative Gains Momentum with NUPRC Backing for Naira-Based Petroleum Sales
The Technical Committee of the One-Stop Shop (OSS) initiative for the sale of crude oil and refined petroleum products in...
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PCNGI Attracts $500m Investment, Converts 100,000 Vehicles in First Year
The Presidential Compressed Natural Gas Initiative (PCNGI) has recorded significant progress, attracting over $500 million in investment and creating 10,000...
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EERC Orders MainPower to Refund Over 20,000 Customers for April Overbilling
The Enugu State Electricity Regulatory Commission (EERC) has directed MainPower Electricity Distribution Company—formerly known as Enugu Electricity Distribution Company (EEDC)—to...
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TCN Advances Key Transmission Projects in Kaduna Despite Compensation Challenges
The Transmission Company of Nigeria (TCN) has made notable progress on critical electricity transmission infrastructure projects designed to enhance power...
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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.