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Yahoo Finance Puts Ademola Bamgbose on EMpower Top 100 List

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Ademola Bamgbose

By Modupe Gbadeyanka

A Nigerian, Dr Ademola Bamgbose, has made the list of EMpower Top 100 Ethnic Minority Future Leader Role Models 2020.

The list was compiled by Yahoo Finance and it is to celebrate the achievements of Black, Asian and Minority Ethnic (BAME) business leaders in Europe, the United States and Canada.

Dr Bamgbose is the International Arbitration Associate at Hogan Lovells, an American-British law firm co-headquartered in London and Washington.

The organisation was formed on May 1, 2010, by the merger of the American law firm of Hogan & Hartson and the British law firm Lovells.

The EMpower 100 Ethnic Minority Future Leaders list recognises the contributions and impact of inspirational individuals for their business achievements and for making a significant contribution to the inclusion of ethnic minority employees.

All the executives listed were nominated by peers and employees and reviewed by EMpower’s judging panel, which included the head of Yahoo Finance UK, Lianna Brinded.

As an international arbitration lawyer admitted to practice in Nigeria, England and Wales, Dr Bamgbose sits on the steering committee of both the BAME and Multicultural Networks at Hogan Lovells.

He mentors BAME lawyers and students and plays a leading role in Hogan Lovells’ diversity and inclusion agenda.

The legal practitioner co-founded Africa Arbitration, a platform designed to promote black practitioners across the globe. He is also Regional Representative (Africa) at the London Court of International Arbitration – Young International Arbitration Group, director of the Africa Arbitration Academy and Honorary Lecturer (international arbitration) at Nigeria’s premier university, University of Ibadan.

Commenting on this feat, he said, “I am very honoured and proud to be recognized on the EMpower Role Model Lists as an Ethnic Minority Future Leader for 2020 among other business leaders in Europe, the United States and Canada for our business achievements and contribution to the inclusion of ethnic minority employees.

“I am thankful for the recognition and also grateful for the opportunity to take a front seat in driving Hogan Lovell’s diversity and inclusion agenda.

“As a co-founder of Africa Arbitration, a platform designed to promote black practitioners across the globe, we are keen on highlighting the  tremendous talents and depth of experience that Africa has to offer to the international arbitration community.

“Although we have had some great achievements so far, there is still a lot more to do. Now, more than ever, I’m proud to be part of the conversations we are having at Hogan Lovells, a firm that believes in creating a thriving, inclusive environment, about the change we need to effect and the work that still needs to be done.”

London-based banking associate at Hogan Lovells, Sengova Kailondo a member of the Steering Committee of the firm’s Multicultural Network, as well as the newly established employee network, Race and Ethnicity at Hogan Lovells (REAHL), was also named alongside Ademola in the list for his work in increasing the recruitment of employees from BAME and lower socioeconomic backgrounds.

As a global law firm, Hogan Lovells is committed to becoming a leader in diversity and inclusion (D&I), where all of its people can be themselves and feel empowered to succeed.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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Dangote monopoly Political Economy of Failure

By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“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 statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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ANLCA Airport Chapter

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.

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FG Declares Holidays for Christmas, New Year Celebrations

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as public holidays

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.

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