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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Tag: #EnergyCrisis
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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Nigeria Imports N5.7tn Crude Despite Massive Output, Exposing Supply Crisis
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734 trillion in 2025, highlighting a ...
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Petrol Price May Rise to ₦1,500 Per Litre Amid Global Tensions — Marketers
Oil marketers have warned Nigerians to brace for a possible increase in the price of Premium Motor Spirit (PMS), commonly ...
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DisCos Generate N2.33tn Revenue in 2025 Despite Power Supply Complaints
Electricity distribution companies in Nigeria generated a combined revenue of about N2.33tn in 2025, despite persistent consumer complaints over poor ...
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APGC Blames Stagnant 4,000MW Output on Weak Risk Protection
The Association of Power Generation Companies has attributed Nigeria’s stagnant electricity generation, which has averaged about 4,000 megawatts for years, ...
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National Power Grid Collapses Again, Second Time in Four Days
Nigeria’s national power grid collapsed again on Tuesday, marking the second system failure in four days and the third in ...
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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.