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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Tag: #EnergySector
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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Nigeria’s Gas Output Rises 8%, Climbs by 198bn Scf Amid Elevated Flaring
Nigeria’s total gas production rose by nearly eight per cent in 2025, increasing by about 198 billion standard cubic feet ...
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Eterna Plc Launches ₦21.52bn Rights Issue to Fund Expansion and Growth
Eterna Plc has officially opened a ₦21.52 billion Rights Issue, marking a significant milestone in its capital-raising programme and long-term ...
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Nigeria Ranks Lowest Among Top 10 OPEC Countries in Global Oil Reserves
Nigeria has been listed as the lowest on the ladder among the top 10 Organisation of Petroleum Exporting Countries (OPEC) ...
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Tinubu’s petroleum regulator nominees pledge reforms to plug leakages, attract investment
President Bola Tinubu’s nominees for the leadership of Nigeria’s petroleum regulatory agencies on Thursday pledged sweeping reforms aimed at plugging ...
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Gas Pipeline Vandalism Triggers Drop in Power Generation — NISO
The Nigerian Independent System Operator (NISO) has announced a decline in electricity generation on the national grid, attributing the drop ...
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Nigeria Posts Strongest Monthly Output Gain in Months as Production Hits 1.436mbpd in November
Nigeria recorded one of the strongest month-on-month crude oil production increases among members of the Organisation of the Petroleum Exporting ...
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Dangote Refinery Denies Viral Video Linking It to Petrol Delivery by Dispatch Riders
The Dangote Petroleum Refinery has dismissed a viral video suggesting it is partnering with a company to distribute petrol through ...
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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.