FG Begins Repayment of ₦4tn GenCos Debt with ₦590bn Bond Issuance
The Federal Government has commenced the long-awaited process of repaying the ₦4 trillion debt owed to Power Generation Companies (GenCos) ...
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Tag: #NigeriaEnergy
Dangote Partners with Honeywell to Double Refinery Capacity to 1.4 Million BPD
Dangote Group has announced a strategic partnership with Honeywell to enhance its refining operations and double the capacity of its ...
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Nigeria Distributed Only 40% of Installed Power Capacity in October – NERC Report
A newly released factsheet by the Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies supplied only an ...
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FG Warns Illegal Gas Retailers After Deadly Ibadan Explosion
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has issued a strong warning against unauthorized gas retail operations ...
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FG Suspends 15% Import Duty on Petrol and Diesel, NMDPRA Confirms
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the Federal Government is no longer considering the ...
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NMDPRA Urges Calm, Assures Nigerians of Adequate Fuel Supply Amid Peak Demand
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has urged Nigerians to remain calm and avoid panic buying of ...
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Seplat Energy Urges Affordable, Reliable Energy for All to Drive Nigeria’s Prosperity
Seplat Energy PLC has called for affordable, reliable, and accessible energy as a cornerstone for building a prosperous Nigeria. The ...
Read moreDangote Refinery to Begin Crude Oil Production, Targets 40,000 Barrels Daily
The Dangote Refinery is expected to commence crude oil production before the end of the year, according to a new ...
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MEMAN: Imported Petrol Landing Cost Drops to N839.97/litre
The landing cost of imported Premium Motor Spirit (PMS), commonly known as petrol, has dropped marginally from N849.61 to N839.97 ...
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FG Sets Up Committee to Draft 2025–2030 Strategic Plan for Oil and Gas Sector
The Federal Government has inaugurated a new committee to develop a comprehensive strategic plan of action aimed at unlocking greater ...
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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.