Energy
FG Launches LPG Penetration Programme in North-West, Targets 5 Million Cylinders by 2030
The Federal Government has launched the North-west zone phase of its Liquefied Petroleum Gas (LPG) grassroots penetration programme and cylinder...
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NCDMB Unveils ‘Nigeria First’ Policy to Boost Local Content in Oil, Gas
The Nigerian Content Development and Monitoring Board (NCDMB) is finalising a new procurement framework titled the Nigeria First Procurement Policy,...
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Oil Firms Remit ₦57.07bn to Host Communities in 2024 — NUPRC
Oil and gas companies operating in Nigeria remitted a total of ₦57.07 billion to Host Community Development Trusts (HCDTs) in...
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NNPC Ltd Posts N6.008tn Revenue in May 2025 as Oil Output, Profit Rise
The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a revenue of ₦6.008 trillion in May 2025, reflecting a marginal...
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Nigeria Tops Africa in 2025 Energy Transition Rankings
Nigeria has emerged as Africa’s top performer in the 2025 global energy transition rankings, according to the World Economic Forum...
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Dangote Refinery Deploys N720bn CNG Truck Fleet to Cut Fuel Costs
Dangote Petroleum Refinery has announced the deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks as part of a N720 billion...
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Petrol Marketers Expect Price Crash as Crude Oil Drops
Petroleum marketers across Nigeria have expressed optimism over a possible crash in the pump price of Premium Motor Spirit (PMS),...
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UK Withdraws from $33 Billion Morocco-UK Power Project Over Delivery, Security Concerns
The United Kingdom has withdrawn its support from the ambitious Morocco-UK energy project, a $33 billion plan to transmit renewable...
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Oil Prices Log Sharpest Weekly Drop Since March 2023 Amid Easing Iran-Israel Tensions
Oil prices are on track for their steepest weekly decline since March 2023, as markets erased risk premiums tied to...
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States Take Charge as Electricity Market Decentralises Under New Act
A new era of electricity governance is unfolding in Nigeria, as seven states have officially assumed control of their electricity...
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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.