Wale Edun Rules Out Return of Fuel Subsidy Despite Rising Petrol Prices
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has ruled out any plan by the Federal ...
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Tag: #EnergyCrisis
Cement Price Hits N12,000 Per Bag as Energy, Logistics Costs Surge
Cement prices in Nigeria have climbed to about N12,000 per bag as rising energy and logistics costs continue to pressure ...
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FG’s N3.3tn Power Sector Debt Settlement Plan Sparks Controversy as GenCos Deny Receiving Payments
Fresh controversy has emerged over the Federal Government’s renewed approval of N3.3tn to settle longstanding debts in Nigeria’s power sector, ...
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UAE Petrol Prices Surge Over 30% as Middle East War Disrupts Oil Supply
Petrol prices in the United Arab Emirates rose by more than 30 per cent on Wednesday, while diesel prices surged ...
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IMF Warns Middle East War Sparks Fresh Global Economic Shock
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East is triggering a fresh global ...
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Oil Above $100 Could Slow Global Growth, Fuel Inflation – EBRD Warns
The European Bank for Reconstruction and Development (EBRD) has warned that a sustained rise in oil prices above $100 per ...
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Dangote Refinery Faces 79.53 Million Barrel Crude Shortfall Amid Supply Challenges
The ambitious supply arrangement between the Dangote Petroleum Refinery and the Nigerian National Petroleum Company Limited is facing significant hurdles, ...
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Dangote Warns Middle East Crisis Could Deepen Economic Hardship in Africa
President of Dangote Group, Aliko Dangote, has raised concerns over increasing volatility in the global oil market, warning that the ...
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GenCos Yet to Receive Payment Three Months After FG’s N501bn Power Sector Bond
Three months after the Federal Government issued a N501bn bond to address longstanding electricity debts, power generation companies (GenCos) are ...
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Dangote Refinery Exports 456,000 Tonnes of Fuel to Five African Nations
The Dangote Petroleum Refinery has expanded its regional footprint with the export of 12 cargoes of refined petroleum products, totalling ...
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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.