General
Dipo Awojide, Others for NGX Group’s Hybrid Symposium to Celebrate Women
By Aduragbemi Omiyale
On Wednesday, March 8, 2023, the Nigerian Exchange (NGX) Group Plc will organise a hybrid symposium aimed at celebrating International Women’s Day (IWD).
The event, themed Embrace Equity: Setting the Standard for a Sustainable Future, is scheduled to commence by 1:00 pm, with several personalities billed to attend.
Some include the Regional Director of IFC, Dahlia Khalifa, who will deliver the keynote speech on Promoting Equity for Women and Men for a Sustainable World; the co-chair of Women Executives on Board Network, Rosie Bichard; and the CEO of NGX Regulation Limited, Ms Tinuade Awe.
Others are the Chairperson of NGX RegCo, Mrs Catherine Echeozo; the Chairperson of NGX Real Estate Limited, Erelu Angela Adebayo; the Country Representative for Nigeria and ECOWAS at UN Women, Beatrice Eyong; a member of the NGX Group board, Mrs Ojinika Nkechinyelu Olaghere; the Divisional Head of Business Support Services at NGX, Mrs Irene Robinson-Ayanwale; the Executive Director at United Nations Global Compact Network Nigeria, Ms Naomi Nwokolo; the Group CEO of NGX Group, Mr Oscar Onyema; the Senior Country Manager for Nigeria at IFC, Kalim Shah; and the CEO of NGX Limited, Mr Temi Popoola.
Guests on a panel discussion on Embrace Equity: Creating Safe Spaces for Women to Thrive are the CEO of Aruwa Capital Management, Adesuwa Okunbo-Rhodes; an actress and entrepreneur, Kate Henshaw; the convener of Lady Wheelers Association, Nkechi Abiola; the Head of Product Development at NGX, Chidinma Chukwueke-Okolo; the founder of BTDT Hub, Dr Dipo Awojide; and the founder of Wariff, Dr Kemi Dasilva-Ibru.
NGX Group disclosed that it was putting up this event in line with its objectives to accelerate progress and impact the advancement of women across all spheres of life.
The programme will feature discussions that highlight the business case for diversity, equity and inclusion as the pathway to a sustainable economic future.
Members of the stockbroking community, issuers, analysts, regulators, media and other interested participants can register to attend via http://bit.ly/ngx-iwd-2023.
Globally, International Women’s Day is a date set aside to celebrate the social, economic, cultural and political achievements of women.
The exchange will join others across the world to Ring the Bell for gender equality.
General
ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
General
FG Declares Holidays for Christmas, New Year Celebrations
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
General
Dangote Refinery Warns Against Artificial Petrol Scarcity
By Modupe Gbadeyanka
Local crude oil refiner, Dangote Petroleum Refinery, has kicked against attempts to put consumers of premium motor spirit (PMS), otherwise known as petrol, under untold hardship in the country.
The company, which commenced nationwide sales of the product at a pump price of N739 per litre across all MRS Oil Nigeria Plc filling stations, appealed to Nigerians to report any of its marketers who sell above this price.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable.
“We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the Lagos-based refinery said in a statement.
It noted that the significant price reduction was part of its mission to deliver affordable fuel to consumers and stabilize the downstream petroleum market.
With over 2,000 MRS stations nationwide, the new pricing is expected to be implemented across all outlets, ensuring that the benefits of this reduction reach consumers nationwide.
Dangote Refinery applauded marketers who have embraced the new pricing regime and urged others to follow suit in the interest of national economic recovery.
“We commend MRS and other marketers who have demonstrated patriotism by reflecting the reduced price at the pump. We call on others to join this effort as a show of support for Nigeria’s economic recovery,” the refinery stated.
Historically, the festive season has been associated with fuel scarcity and sharp price hikes. However, Dangote Refinery has delivered a decisive market intervention—crashing pump prices at a time when Nigerians typically brace for hardship. Backed by a guaranteed daily supply of 50 million litres, this initiative fundamentally alters the supply dynamics during the holiday period.
By refining locally at scale, the refinery is reducing Nigeria’s exposure to volatile global markets, conserving foreign exchange, stabilizing the Naira, and strengthening energy security. This sustained price cut and steady supply are providing relief to households, businesses, and transport operators nationwide.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
“We encourage Nigerians to avoid buying PMS at excessively high prices when they can access locally refined fuel at N739 per litre from over 2,000 MRS stations nationwide. Report any MRS station selling above N739 per litre by calling 0800 123 5264,” the refinery said.
“We also call on other petrol station operators to patronize our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market,” it added, reaffirming its commitment to steady supply, price moderation, and energy security, emphasizing that its operations are anchored on long-term national interest rather than short-term market pressures.
“Our objective remains clear: to ensure consistent supply of high-quality petroleum products at affordable prices for Nigerians, while supporting economic stability and reducing dependence on imports,” the refinery concluded.
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