Crude Futures Edge Up Ahead of U.S.-Iran Nuclear Talks Amid Eased Supply Concerns
U.S. crude futures rose slightly on Friday but were poised for their first weekly drop in seven weeks as supply ...
Read more
Tag: #EnergyNews
Shell Profit Rises 11% Despite Falling Oil Prices, Raises Dividend
British energy giant Shell on Thursday reported an 11 per cent rise in net profit for 2025, as higher production ...
Read more
Oil Prices Fall as Kazakh Production Halt Risks Ease Amid Rising U.S. Crude Inventories
Oil prices fell on Wednesday as an expected build-up of U.S. crude inventories outweighed a temporary halt in output at ...
Read more
Nigeria’s Power Gencos Lose N2.28 Trillion to Stranded Capacity in a Decade
Nigeria’s electricity Generation Companies (Gencos) reportedly lost an estimated N2.28 trillion in capacity payments between 2015 and 2025, as a ...
Read more
EEDC Launches Debt Recovery Scheme, Offers Discounts on Outstanding Electricity Bills
Enugu Electricity Distribution Plc (EEDC) has announced the launch of a new debt recovery scheme offering discounts to customers with ...
Read more
NNPC E&P Records Highest Daily Oil Output in 36 Years at 355,000 Barrels Per Day
The Nigerian National Petroleum Company’s upstream subsidiary, NNPC Exploration and Production Limited (NNPC E&P), has recorded its highest daily crude ...
Read more
Oil Prices Edge Higher as Markets Await Clarity on Ukraine-Russia Peace Framework
Oil prices recorded slight gains on Wednesday as traders weighed the prospects of a potential peace agreement between Ukraine and ...
Read more
Nigeria’s Active Electricity Customers Rise to 11.96 Million in August — NERC
The Nigerian Electricity Regulatory Commission (NERC) has announced that the total number of active electricity customers nationwide increased from 11.89 ...
Read more
Nigeria’s Oil Output Drops to 1.43mbpd in August, Falls Below OPEC Quota
Nigeria’s crude oil production declined again in August 2025, reversing gains that had seen the country exceed its OPEC quota ...
Read more
Nigeria’s Oil Output Rises to 1.546m bpd in July, Retains Africa’s Top Producer Spot — OPEC
Nigeria’s crude oil production rose to 1.546 million barrels per day (bpd) in July 2025, up from 1.505 million bpd ...
Read more
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.