Energy
Oil Prices Dip Slightly as Tariff Uncertainty Clouds Market Sentiment
Oil prices edged lower on Wednesday, retreating slightly from recent two-week highs as investors digested fresh uncertainties surrounding U.S. tariff...
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Nigeria’s Upstream Sector Meets 77% Domestic Gas Obligation Despite Infrastructure Gaps
Despite persistent infrastructure challenges in Nigeria’s gas sector, the country’s upstream oil and gas segment fulfilled 77% of its Domestic...
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Discos Collect ₦553.63bn in Q1 2025 According to NERC
Electricity Distribution Companies (Discos) in Nigeria collected ₦553.63 billion in revenue during the first quarter of 2025, according to the...
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TCN Warns Vandalism Threatens Nigeria’s Power Supply Stability
The Transmission Company of Nigeria (TCN) has raised serious concerns over the persistent vandalism of its infrastructure, warning that the...
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Oil Prices Edge Lower on Tariff Worries, OPEC+ Output Hike
Oil prices retreated on Tuesday, easing after nearly 2% gains in the previous session, as markets responded to fresh U.S....
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NUPRC Generates ₦28.11bn from Oil Licence Fees in First Five Months of 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of ₦28.11 billion in miscellaneous oil revenue tied to...
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Oil Prices Dip as OPEC+ Output Hike and Tariff Worries Cloud Demand Outlook
Oil prices slipped on Monday after OPEC+ announced a larger-than-expected output hike for August, raising concerns about oversupply in the...
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FG Spends N536.4bn on Electricity Subsidies in Q1 2025 Amid N4tn GenCo Debt
The Federal Government incurred a staggering ₦536.4 billion in electricity subsidy obligations in the first quarter of 2025, reflecting a...
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Oil Prices Slip as Iran Reaffirms Nuclear Commitments Ahead of Fresh Talks
Oil futures declined on Friday amid signs of easing tensions between the U.S. and Iran, and expectations that top oil...
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AMCON Confirms Sale of Ibadan Electricity DisCo for N100 Billion
The Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC) for ₦100...
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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.