Energy
Nedogas Development Company Completes Construction of Kwale Gas Gathering Facility in Delta State
Delta State, Niger-Delta, Nigeria - The Nedogas Development Company Limited (NDCL), a Joint Venture between Xenergi Limited and NCDMB Capacity...
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Nigeria Aims to Reduce Petrol Importation by $4.4bn Annually Through Compressed Natural Gas Initiative
The Federal Government of Nigeria has announced plans to significantly decrease the importation of Premium Motor Spirit (PMS), commonly known...
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Dangote Refinery Raises Diesel Price to N1,100 per Litre Amid Naira Depreciation
The price of Automotive Gas Oil, commonly known as diesel, produced by the Dangote Petroleum Refinery, has surged from N940...
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Oil Prices Drop Amid U.S. Inflation Concerns and Anticipation of Higher Interest Rates
Oil prices declined in early Asian trading on Tuesday as investors anticipated persistent U.S. inflation and the likelihood of higher...
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Oil Prices Rise Amid Signs of Strengthening Global Demand from China and the U.S.
Oil prices gained on Friday, with global benchmark Brent set for its first weekly increase in three weeks, driven by...
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Strengthening Naira Eases Inflationary Pressure, Boosts Nigerian Private Sector Growth in April
The Stanbic IBTC Bank’s Purchasing Manager’s Index (PMI) indicated that the strengthening of the Naira in the foreign exchange market...
Read moreOil Prices Extend Gains on Signs of Stronger U.S. Demand and Expected Interest Rate Cut
Oil prices continued their upward trajectory on Thursday, building on gains from the previous session, as signs of stronger demand...
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Federal Government Mandates Oil Marketers to Establish Compressed Natural Gas Points in Filling Stations
In a bid to address the persistent scarcity of petroleum products in Nigeria, the Federal Government has announced plans to...
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Oil Prices Rise as Dollar Weakens and Inventory Data Points to Increased Demand
Oil prices surged on Wednesday, driven by expectations of higher demand as the U.S. dollar weakened and reports indicated a...
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NNPC and Natural Oilfield Services Commence Oil Production at OML 13 in Akwa Ibom State
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd) and Natural Oilfield Services Limited (NOSL) have announced...
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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.