Energy
NNPCL Targets 600 TCF Gas Reserves, Seeks $60bn Investment to Boost Sector
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to significantly increase Nigeria’s gas reserves from the current 210...
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Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre
The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre,...
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Power Sector Reforms Attract $2bn Investment as Government Cuts Liabilities to N146bn
The Federal Government has announced that sweeping reforms in Nigeria’s power sector are beginning to produce measurable results, with improvements...
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AfDB Approves $5.65M Grant for P-REC Mini-Grid Projects Across 14 African Countries
The African Development Bank (AfDB) has approved a $5.65 million grant to support Peace Renewable Energy Certificate (P-REC) mini-grid projects...
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TCN Explains Low Power Allocation Amid Nationwide Outages
Transmission Company of Nigeria (TCN) has explained the reasons behind the current low power allocation to electricity distribution companies (DisCos),...
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Oil Prices Rise Over $1 as Middle East Conflict Fuels Supply Concerns
Global oil prices climbed by more than $1 per barrel on Thursday, recovering from losses in the previous session as...
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NERC Chairman Seeks Stronger Collaboration Among Electricity Regulators
The Chairman of the Nigerian Electricity Regulatory Commission(NERC), Musiliu Oseni, has said electricity regulators across the country will collaborate to...
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NUPRC Signs Petroleum Exploration Licence Agreement with SeaSeis
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has signed a Petroleum Exploration Licence No. 5 agreement with SeaSeis Geophysical Limited, authorising...
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Dangote Refinery CEO Says Facility Receiving Far Less Crude Than Agreed Under Crude-for-Naira Deal
The Chief Executive Officer of Dangote Refinery, David Bird, has raised concerns that the facility is receiving significantly less crude...
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Oil Prices Drop Nearly 4% Amid Ceasefire Hopes in Middle East
Global oil prices fell by about 4% on Wednesday following growing expectations of a possible ceasefire that could ease supply...
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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.