Energy
Oil slips on fears of supply glut from possible return of Iranian supply
Oil inched lower on Wednesday as worries that a possible return of Iranian supply would cause a glut outweighed expectations...
Read more
Oil jumps over 3% as fears of Iranian exports ease
Oil prices rose more than 3% on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism...
Read more
FG begins gas flare reduction with award of 45 licences in June
The Federal Government will next month award licences under the Nigerian Gas Flare Commercialization Programme (NGFCP) to qualified bidders as...
Read more
Oil prices regain some losses amid potential Iran talks hitch
Oil prices recouped some of last week's losses on Monday as a potential snag emerged in reviving the 2015 Iran...
Read more
Petrol price to increase as PEF hikes transporters margin
Nigerians should expect an increase in the pump price of Premium Motor Spirt (PMS), popularly called petrol anytime soon as...
Read moreOil rises 1% after cyber-attack forces closure of U.S. fuel ‘jugular’ pipeline
Crude prices climbed more than 1% on Monday after a major cyber-attack that forced the shutdown of critical fuel supply...
Read more
Power Sector: FG approves N6.2bn for six new power projects in the country
The Nation’s Power sector dominated dominated conversations at the Federal Executive council meeting Wednesday as the Federal Government approves the...
Read more
NERC approves N215bn for Ikeja and Eko upgrade
The Nigerian Electricity Regulatory Commission (NERC) announced it has approved the sum of N121.92 billion for Ikeja Electric Plc infrastructure...
Read more
Nigerian Content and Monitoring Board (NCDMB) partners with ANOH Gas on Oil Industry training center
A partnership arrangement for the completion of the Center for Skills Development and Training (CSDT) between the Nigerian Content and...
Read more
FG spends N568.5bn annually on power tariff shortfalls – World Bank
The Federal Government of Nigeria is spending $1.5bn (N568.5bn at N379/$ exchange rate) annually to fund electricity tariff shortfalls, the...
Read more
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.