Business

Dangote Petroleum Refinery has announced the launch of a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS) above the approved pump price of ₦739 per litre.

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Trans-Niger Pipelines (TNP), host communities of Obio/Akpor, Emohua and Ikwerre Local Government Areas of Rivers State have commended the management of an oil and gas firm, Pipeline Infrastructure Nigeria Ltd (PINL) for reaching out to them with palliatives and medical out reach during this Yuletide season. 

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Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank).

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The Securities and Exchange Commission has announced that capital market operators are to renew their registration from January 1 to 31, 2026.

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The Association of Corporate Communication & Marketing Professionals in Banks (ACAMB) has dismissed claims that 12 Nigerian banks would be shut down by the Central Bank of Nigeria (CBN) by March 2026.

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Nigeria’s refining crisis is one of the country’s most enduring economic contradictions. Africa’s largest crude oil producer, strategically located on the Atlantic coast and home to over 200 million people, has for decades depended on imported refined petroleum products.

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Dangote Refinery has emerged as the hub of fuel distribution in Nigeria, following bold strategic adjustments aimed at making energy more affordable and accessible.

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Mr. Olatunde Amolegbe, Managing Director/CEO, Arthur Stevens Asset Management Limited has projected that Nigeria’s digital economy revenue will reach $18.30 billion by 2026, as against $5.09 billion in 2019 and $9.97 billion in 2021.

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Conoil Plc has reaffirmed its resilience and strategic focus as a leading force in Nigeria’s downstream petroleum sector, announcing a dividend payout of ₦2.428 billion for the 2024 financial year.

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As the festive season approaches, Access Holdings is redefining what Christmas looks like by putting health, fitness, and intentional living at the centre of the celebrations.

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