Energy
Filling Station Owners Oppose NMDPRA’s New Decommissioning Rules
Retail outlet operators in Nigeria’s downstream petroleum sector have raised strong objections to a new regulatory proposal by the Nigerian...
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FG Targets Five Million Homes for Clean Cooking by 2030 Through LPG Initiative
The Federal Government has set an ambitious target to transition five million Nigerian homes to clean cooking by the year...
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Oil Prices Rebound After Trump’s Tariff Threats on India’s Russian Crude Purchases
Oil prices climbed on Wednesday, recovering from a five-week low recorded the day before. The rebound follows heightened market concerns...
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OPEC+ to Raise Oil Output by 547,000 bpd in September Amid Global Supply Concerns
The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have agreed to increase oil...
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FG Gazettes 21 New Oil and Gas Regulations to Attract Investment, Boost Accountability
The Federal Government has officially gazetted 21 new regulations for Nigeria’s oil and gas upstream sector in a bold effort...
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Oil Minister Urges EPC Firms to Return to Nigeria’s Energy Sector
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has appealed to Engineering, Procurement, and Construction (EPC) companies that have exited...
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Tariff Dispute Plunges Enugu into Darkness as EEDC Slashes Power Supply to MEDL
Parts of Enugu State have been thrown into darkness following a sharp drop in power supply from the Enugu Electricity...
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Nigerians Spend Over N64.5bn on Electricity Meters in 2024 Amid Worsening Overbilling
Electricity consumers in Nigeria spent over N64.5 billion on prepaid meters in 2024 under the Meter Asset Provider (MAP) scheme,...
Read moreOil Prices Slip Again as OPEC+ Output Hike Fuels Oversupply Fears
Oil prices edged lower on Tuesday amid growing concerns of oversupply, as OPEC+ proceeded with another significant output increase despite...
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Petrol Importers Undercut Dangote Refinery as Price War Heats Up
Petrol importers have begun undercutting the Dangote Petroleum Refinery by offering lower fuel prices, igniting a fresh wave of competition...
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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.