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…
By Ayomide Otitoju The Anambra State Executive Council (ANSEC) has approved a series of developmental projects aimed at beautifying the state and advancing Governor Charles Chukwuma Soludo’s vision of transforming Anambra into a megacity. The decisions were made during the 25th ANSEC meeting held at the Lighthouse, Awka, on December 15, 2025. State Commissioner for…
By Ayomide Otitoju The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, on Thursday visited the kilometre zero of the Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline Project, reaffirming the Federal Government’s commitment to the timely delivery of the strategic infrastructure. Ekpo was accompanied by the Group Chief Executive Officer of NNPC Limited, Engr. Bashir…
By Ayomide Otitoju As the festive season approaches, Access Holdings has launched a Christmas health and fitness campaign aimed at promoting active lifestyles, healthier choices and intentional living among Nigerians ahead of the 2026 Access Bank Lagos City Marathon. The initiative seeks to redefine traditional Christmas celebrations—often associated with indulgence and inactivity—by positioning wellness and…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of petrol to N835 per litre, marking its third price cut this December. The move, confirmed by a survey of Abuja filling stations on Thursday, lowers the price from N915 per litre, reflecting a reduction of N80. The latest adjustment…
By Ayomide Otitoju The Dangote Petroleum Refinery has reduced its petrol gantry price, lowering the ex-depot rate to N699 per litre with effect from December 11, in a move expected to influence downstream fuel pricing ahead of the festive travel season. The latest adjustment represents a reduction of about N129 per litre, or 15.5 per…
By Ayomide Otitoju The African Development Bank Group (AfDB) and Nedbank Group have signed a landmark financing agreement aimed at expanding access to affordable housing in South Africa and strengthening trade across the continent. The package comprises a ZAR 2.5 billion social bond investment in Nedbank Group Limited and a $60 million trade finance Risk…
By Ayomide Otitoju President Bola Tinubu has reconstituted the board of the Nigerian Electricity Regulatory Commission (NERC), appointing Musiliu Oseni as chairman, the presidency announced Thursday. The appointments follow the Senate’s confirmation of the NERC members. Oseni, who began his service as a NERC Commissioner in January 2017 and later became Vice Chairman, assumed office…
By Ayomide Otitoju British energy giant BP has named Meg O’Neill as its new chief executive, effective April, replacing Murray Auchincloss, who stepped down on Thursday. Carol Howle will serve as interim CEO until O’Neill transitions from her role as chief executive of Australia’s Woodside Energy. O’Neill becomes the first woman to lead a major…
