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Heirs Energies Secures $750m Afreximbank Facility

By Ayomide Otitoju  Nigeria’s leading indigenous integrated energy company, Heirs Energies, has secured a $750 million financing facility from the African Export–Import Bank (Afreximbank), marking one of the largest financings ever obtained by an indigenous African energy firm. The transaction was formalised at a signing ceremony held in Abuja on Saturday, December 20, 2025, attended…

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Dangote Refinery Begins Nationwide PMS Sales at ₦739/Litre

By Ayomide Otitoju  Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations, marking a major intervention aimed at easing fuel costs and stabilising Nigeria’s downstream petroleum market. The refinery said the pricing, to be implemented across…

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