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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Tag: #EnergySector
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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Transcorp Secures Breakthrough Deal to Recover Multi-Billion Naira Power Debts
Transnational Corporation Plc has announced a major breakthrough in resolving long-standing liquidity challenges within its power business, confirming strategic settlement ...
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FG Inaugurates Nigeria’s First Crude Oil Flow Meter Calibration Facility in Eket
The Federal Government has intensified efforts to strengthen accountability in the crude oil sector with the inauguration of Nigeria’s first ...
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Dangote Signs $400m Equipment Deal with XCMG to Boost Refinery Capacity to 1.4m bpd
The Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. as part of ...
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NUPRC: Nigeria Produced 2.71tn scf of Gas in 2025, Exported 35%
Nigeria produced 2.71 trillion standard cubic feet (scf) of gas in 2025, exporting about 35 per cent of total output, ...
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Nigeria Misses OPEC Crude Oil Quota for Sixth Consecutive Month
Nigeria has failed to meet its 1.5 million barrels per day crude oil production quota approved by the Organization of ...
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NNPC Injected N13.2tn into State Refineries in Two Years Despite Mounting Losses
The Nigerian National Petroleum Company Limited (NNPC Ltd) injected an estimated N13.2 trillion into Nigeria’s three state-owned refineries in 2023 ...
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Nigeria Set to Resume Petrol, Diesel Import Permits by Mid-February 2026
Nigeria may resume the issuance of petrol and diesel import permits as early as mid-February 2026, marking the first approvals ...
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DisCos Revenue Drops to N208.78bn in November Despite Higher Billing
Nigeria’s power distribution companies (DisCos) recorded N208.78 billion in revenue in November 2025, according to the Nigerian Electricity Regulatory Commission ...
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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.