AD
KEGOZ MARKET WATCH KEGOZ BULLETIN · 12 NOV 2026 ·UPDATE
  • PMS · Current panel median₦1,254/L▼ ₦10
  • DIESEL (AGO) · Current panel median₦1,704/L▼ ₦0.50
  • COOKING GAS (LPG) · Current panel median₦1,405/kg▼ ₦32.50
  • BRENT CRUDE · 11 Nov settlement$92.76/bbl▲ 1.4%
  • USD/NGN · NFEM closing rate · 11 Nov₦1,364/$1
  • USD/NGN · Parallel · 12 Nov bulletin₦1,430/$1
  • DANGOTE PMS · Depot · 12 Nov panel₦1,215/L
  • DANGOTE AGO · Gantry · From 10 Nov₦1,720/L
  • DANGOTE LPG · Last quote 9 Nov₦1,150/kg
  • NNPC PMS · Lagos pump · 4 Nov₦1,355/L
Source: KEGOZ Daily Trading Intelligence Bulletin, Issue 068, 12 Nov 2026. Indicative prices; quote dates vary. Product medians use today's panel; changes compare the same depots' previous quotes, not the last bulletin. Dangote PMS depot quote differs from the ₦1,250 loading price reported 11 Nov. Dangote LPG quote is dated 9 Nov; confirm current rate. Verify with suppliers before trading. Not a live feed.

CleanAce Makes Global Top Two, Leads Africa in Textile Care

Nigerian textile care company, CleanAce Nigeria, has emerged as Africa’s best and the world’s second-ranked company in the Retail Textile Cleaning BIG category at the 2026 CINET Global Best Practices Awards in Milan, Italy.

CleanAce scored 83.63 out of 100, beating competitors from India, Malaysia, the Netherlands, France, Canada and the United States.

Co-Founder and Group Chief Executive Officer, Eniibukun Adebayo, disclosed this at a media briefing in Lagos, noting that more than 80 companies from 23 countries participated in the assessment.

Nigeria also emerged as the only African country among 17 nations recognised with the Country Best Practices Award 2026. CleanAce received additional recognition for entrepreneurship and corporate social responsibility.

Adebayo described the achievement as proof that Nigerian businesses could meet international standards despite challenges such as unreliable electricity, high energy costs and inadequate infrastructure.

However, he called on the Federal Government to support the largely unregulated fabricare industry through vocational training, affordable financing, equipment access and the establishment of national occupational standards.

Adebayo, who is also President of the Fabricare Professionals and Drycleaners Association (FPDA), lamented that professional laundry and dry-cleaning services remained largely excluded from Nigeria’s technical and vocational education framework.

Read Also: 40-of-nigerian-bakers-exit-industry-over-rising-costs-high-interest-rates

He disclosed that the smallest commercial washing machines cost between N2.5 million and N2.6 million, making it difficult for aspiring entrepreneurs to establish businesses without financial support.

He said the association was working with relevant stakeholders to develop national occupational standards for accreditation by the National Board for Technical Education (NBTE), while organising free monthly Fabricare Masterclasses to improve professional skills.

Adebayo also disclosed that the association had surveyed 235 operators to provide data on the industry’s challenges and growth prospects.

He further revealed plans for a shared processing facility capable of handling 25,000 pieces daily and serving 50 collection-centre operators, allowing smaller businesses to access professional cleaning facilities without investing in expensive plants.

Meanwhile, CleanAce’s Fabricare Institute, established in 2017 and accredited by the Lagos State Technical and Vocational Education Board (LASTVEB), has trained more than 50,000 entrepreneurs, technicians and operators.

Adebayo said the association was also seeking partnerships to expand vocational opportunities for persons with disabilities and attract more young Nigerians to the industry.

He disclosed that the FPDA was proposing to host Nigeria’s CINET Best Practices Awards in 2027, while the second CleanShow Africa exhibition is scheduled for May 25 to 27, 2027, at the Landmark Event Centre, Lagos.

He maintained that the international recognition should encourage government and private-sector collaboration to formalise the industry, improve professional standards and unlock its employment and investment potential.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

RSHA Summons Defiant Oil Firm, Vows To Protect Constituents’ Rights
Lebara Nigeria Launches MVNO Service to Boost Creative Economy‎‎
Senator Nwogu of PDP Wins Rivers South-East Senatorial By-Election
Oil Pollution Sparks Crisis for Nigeria’s Sustainability Agenda
Airtel Africa Foundation Awards N50m to 100 Nigerian Students Under Tech Fellowship Programme
Judge Orders INEC To Deregister Five Political Parties Before 2027 Elections
APC Presidential Primary: Tinubu Sweeps All Votes in Rivers
Chinda Wins Ward 4 in Obio/Akpor APC Consensus Primary
U.S Moves to Expand Rural Internet Access in Nigeria, Three West African Nations
Marketers Kick Against Dangote’s Fresh Fuel Import Licence Suit
2027: I Won’t Step Down for any candidate – Amaechi
Obuah Wins APC Ward Senatorial Primary, Pledges Quality Representation
FG Announces Launch of Nigeria’s Digital TV Broadcast
Okrika, Eleme Council Chairmen Intervene as PHRC Host Communities Suspend Protest
Ogor Leaders Pay Congratulatory visit to Omonade
Fubara Reaffirms APC Membership, Dismisses Defection Rumours
Nigeria’s Crude Oil Production Rises to 1.489 Million bpd in April
NNPC Partners With Chinese Firms To Revive Port Harcourt, Warri Refineries
NDC Vows To Work For Party Victory As New Executives Emerge In Delta state
Delta APC stakeholders present as Dafinone declares second term bid
Andoni LG Boss Impose Dusk-To-Dawn Curfew
‎Finidi hails team’s game Control as they Open Two-Point Gap‎
Why Are They Still There?’ Esin Questions NFF Technical Team After World Cup Failures
‎Bronze Isn’t Gold: Eagles’ Ex coach Peseiro Reacts To AFCON Outcome‎‎‎
Shehu Dikko Pushes for Upgrade and Proper Maintenance of Sports Infrastructure
2026 World Cup: Super Eagles Face Harsh Reality After Failed Qualification
‎NFF appoints Akeem Busari as new Flamingos coach
HRM Summons PHED, Asks Reason For Recent Power Outage
Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
Infantino, Motsepe Hail Flamingos’ World Cup Triumph
Inflation, Uncertainty Continue to Shape Nigeria’s Investment Decisions
SDP Adopts NDC’s Charles Obulor Ajie as Sole Candidate for ONELGA Constituency 1
31 Years On, Port Harcourt Remembers Ken Saro-Wiwa
NDC Candidates Engage Ubimini Leaders Ahead of Elections
CSOs Demand Emergency Declaration Over Gas Eruption in Rivers Community

Leave a Reply

Your email address will not be published. Required fields are marked *