Energy
Oil Prices Slide Amid Concerns Over Cooling U.S. Economy
Oil prices saw a decline in early trading on Thursday as fresh economic data from the United States pointed to...
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Oil Prices Steady as Investors Await U.S. Consumer Price Data Amid Strong Summer Demand
Oil prices remained stable on Tuesday following a rise in the previous session, with investors showing caution ahead of the...
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Crude Oil Production Hits Three-Month High in May
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, rose to a...
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Funding for 20 Modular Refineries in Nigeria Stalled Due to Crude Oil Supply Guarantee Issues
International financiers, who were set to fund the construction of approximately 20 modular refineries in Nigeria, have withheld their funds...
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Power Distribution Companies Earn N292.71bn in Q1 Despite Consumer Complaints and Debt Issues
Power distribution companies in Nigeria generated a total revenue of N292.71 billion in the first quarter of this year, even...
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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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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.