Nigeria’s Power Plants Operate at Just 30% Capacity as 70% of Generation Assets Sit Idle
The upstream segment of Nigerian Electricity Supply Industry (NESI) recorded severe underperformance in March 2026, with only 30 per cent ...
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Tag: #EnergySector
FG Inaugurates Committee to Review $200bn Gas, Power, High-Speed Rail Project
The Federal Government of Nigeria has inaugurated a technical committee to review a proposed $200 billion integrated infrastructure project submitted ...
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NUPRC Reforms Unlock Over $10bn in Upstream Oil and Gas Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says recent reforms in Nigeria’s oil and gas sector have unlocked more than ...
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Nigeria Loses Up to N8bn Monthly to Transmission Inefficiencies, Says NISO Boss
The Managing Director and Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has revealed that Nigeria’s power ...
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Eterna Plc Reports ₦7.27bn Pre-Tax Profit for 2025, Up 53%
Eterna Plc has announced its audited financial results for the full year ended December 31, 2025, reporting a profit before ...
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NNPC Achieves Milestone with First Export of 950,000 Barrels of Cawthorne Blend Crude
The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a major milestone with the export of 950,000 barrels of ...
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TotalEnergies Marketing Nigeria Reports N13.85bn Loss, Revenue Drops 26% in 2025
TotalEnergies Marketing Nigeria Plc has reported a 26 per cent decline in revenue for the financial year ended December 31, ...
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Nigeria Still Relies on Fuel Imports Despite Refining Gains – Lokpobiri
Nigeria’s claims of nearing energy self-sufficiency have come under renewed scrutiny after the Minister of State for Petroleum Resources (Oil), ...
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Nigeria’s Power Sector Faces Renewed Strain Amid Gas Supply Disputes
Nigeria’s electricity supply chain is under renewed pressure as financial and contractual disputes between Generation Companies (GenCos) and gas suppliers ...
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Transcorp Hits N4.87tn Market Value, Promises Record Dividends to Shareholders
Transnational Corporation Plc has announced a historic combined market capitalisation of N4.87tn ($3.57bn) as of March 16, 2026, signaling its ...
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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.