Aradel Holdings Plc has announced plans to commence production of Premium Motor Spirit (PMS), also known as petrol at its modular refinery located in Rivers State in 2027. The move is driven by the deregulation of Nigeria's downstream petroleum market in recent years under the current administration. According to an interview published by Bloomberg on …
Nigeria’s equity market closed October with a flourish, extending a rally that has been in motion since April. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) opened the month at 142,713.1 points and ended at 154,126.4, representing an approximate 8% rise. According to reports, the index has already accumulated year-to-date returns approaching 50% for 2025. …
