Energy
Nigeria Secures $18.2bn Oil Investments With 28 New Field Development Plans
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed that Nigeria recorded a major investment milestone in...
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FG to Share Electricity Subsidy Burden Across Federal, State, LGs from 2026
The Federal Government has announced plans to end the practice of bearing electricity subsidy costs alone, unveiling a new framework...
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Dangote Subsidiaries Sign Gas Supply Deals with NNPC to Boost Production and Expansion
Three subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc—have signed Gas Sales and Purchase...
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Nigeria to Lose 225,000 BPD as Shell Shuts Bonga FPSO for Maintenance
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced a temporary shutdown of its Bonga Floating Production Storage and...
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Oil Prices Drop Nearly 5% on Iran De-escalation Talks
Oil prices plunged nearly 5% on Monday, marking the steepest single-session decline in more than six months, after U.S. President...
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FG Boosts Local Content in Renewable Energy to Reduce Imports and Create Jobs
The Federal Government has launched initiatives to strengthen local content in Nigeria’s renewable energy sector, aiming to reduce dependence on...
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SERAP Sues NNPCL Over Alleged Missing ₦22.3bn, $49.7m Oil Revenue
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over...
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TCN Launches Inspection Tour in Abuja, Flags Right-of-Way Challenges in Power Projects
The Transmission Company of Nigeria (TCN) has launched an inspection tour of critical power projects in Abuja, highlighting persistent right-of-way...
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Dangote Refinery Can Meet Nigeria’s Fuel Demand and Beyond, Reaffirms Management
Dangote Petroleum Refinery has confirmed its capacity to supply fuel volumes well above Nigeria’s estimated domestic consumption, the company stated...
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Oil Prices Slip After Recent Rally Amid U.S.-Iran Tensions
Oil prices fell more than 1% on Friday, retreating from multi-month highs, even as they remain on track for their...
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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.