Category: Refined Living

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3min4820
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government and regulators to ensure consistent crude supply to domestic refineries and maintain stable pricing mechanisms to help reduce fuel prices in 2026. In its 2026 outlook, signed by National President Billy Gillis-Harry and spokesman Joseph Obele, PETROAN said irregular […]

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6min4930
The African Energy Chamber (AEC) has expressed support for Venezuela’s oil recovery efforts following the detention of President Nicolás Maduro by United States authorities, emphasising that political and institutional stability is vital to restoring investor confidence and promoting sustainable growth in the country’s energy sector. The announcement comes as former U.S. President Donald Trump stated […]

Tech & Tools Desk8 January 2026
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8min3750
The full rollout of Nigeria’s Tax Reform Acts marks a significant shift with far-reaching consequences for both the private and public sectors. The new framework compels businesses to reassess their operations quickly to avoid stiff sanctions and regulatory setbacks. One immediate relief under the new regime is for salary earners, especially those earning below N800,000 […]

James Obasi8 January 2026
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3min4450
There is cautious optimism among liquefied petroleum gas (LPG) retailers as improved availability has helped stabilise prices, with cooking gas now selling between N1,000 and N1,400 per kilogramme, depending on location and seller. A recent market survey indicates that LPG supply improved toward the end of 2025, easing the acute shortages experienced in September and […]

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4min8610
The Federal Government incurred N1.98tn in electricity subsidy obligations between October 2024 and September 2025, as it continued to struggle with over N4tn in debt owed to power generation companies, according to quarterly reports by the Nigerian Electricity Regulatory Commission (NERC). The fourth-quarter 2024 subsidy stood at N471.69bn, rising to N536.4bn in Q1 2025 and […]

James Obasi7 January 2026
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5min9240
Pension operators in Nigeria face a major recapitalisation challenge, with analysts estimating that about N276.8 billion will be needed to meet the new minimum capital requirements set by the National Pension Commission (PenCom) during the first full year of the exercise. According to Coronation’s Year in Review and 2026 Outlook on Nigeria, only three Pension […]

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4min5090
Government-owned agencies, commissions, and corporations that fail to submit their annual audited financial statements to the Office of the Auditor-General for the Federation could soon be denied budgetary allocations, following a new constitutional amendment proposed by the House of Representatives. The initiative seeks to strengthen fiscal oversight and enforce accountability rules that many Ministries, Departments, […]

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4min3830
Africa has been urged to move beyond short-term digital initiatives and integrate technology into governance systems that can withstand political changes and funding cycles. Adeniyi David Adebote, founder and CEO of Nnnew Network, noted that Africa is rich in ideas, talent, and reform initiatives but lacks institutions designed to work cohesively over the long term. […]

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4min6170
The Central Bank of Nigeria (CBN) has warned that the ongoing recapitalisation of the banking sector could heighten concentration risk in Nigeria’s capital market, potentially crowding out non-bank issuers, despite current bullish trends in equities. The caution appears in the CBN’s Macroeconomic Outlook for Nigeria, 2026: Consolidating Macroeconomic Stability Amid Global Uncertainty, which highlights emerging […]


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