Business
New NCDMB opens its heart to speedy approvals for all oil industry assignment
February 5, 2024
New NCDMB opens its heart to speedy approvals for all oil industry assignment
If there is to be speedy development in the oil and gas industry, the Nigerian Content Development and Monitoring Board…
Naira sees a rebound against the Dollar. Will the rally last this time around?
February 2, 2024
Naira sees a rebound against the Dollar. Will the rally last this time around?
The situation with the Nigerian Naira going through a weakened spell when measured against the United States Dollar had begun…
How the Naira looked on Tuesday when matched against the dollar
January 31, 2024
How the Naira looked on Tuesday when matched against the dollar
Time moves but the standing of the Nigerian Naira when measured against the United States Dollar only points to weakness…
How this decision by Nigerian manufacturers deepens the hole in your pocket
January 29, 2024
How this decision by Nigerian manufacturers deepens the hole in your pocket
It is a long road until households can live the positive projection coming from the Central Bank of Nigeria Governor,…
Nigeria’s central bank chief sees hope amidst deep economic and social despair
January 25, 2024
Nigeria’s central bank chief sees hope amidst deep economic and social despair
The twin policies of petrol subsidy removal and free-float of the naira have combined to wreak havoc on disposable income,…
Appetite in Nigeria’s oil sector wanes as Shell divests its holdings
January 16, 2024
Appetite in Nigeria’s oil sector wanes as Shell divests its holdings
This follows closely on the heels of similar divestments of onshore assets by other multinational oil companies, sparking fears the…
CBN resets the Boards of Union Bank and 2 others for the good of banking
January 11, 2024
CBN resets the Boards of Union Bank and 2 others for the good of banking
The Central Bank of Nigeria (CBN) has been captured performing a lightning-speed reset of the affairs of Union Bank, Keystone…
NCDMB boss wants locals to provide insurance that the oil and gas industry needs
January 10, 2024
NCDMB boss wants locals to provide insurance that the oil and gas industry needs
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe is just about a…
Dangote refinery inches closer to starting test runs this week
January 9, 2024
Dangote refinery inches closer to starting test runs this week
Ever since its late May 2023 commissioning, anticipation had been growing around the Dangote Oil Refinery over when it would…
What can put the brake on costly Nigerian rice?
January 5, 2024
What can put the brake on costly Nigerian rice?
When the former President of Nigeria, Muhammadu Buhari launched 13 pyramids of rice paddy in January 2022, the goal was…
Gas leak detection device/PCBs production facility set for opening in Abuja
December 20, 2023
Gas leak detection device/PCBs production facility set for opening in Abuja
With an estimated four million gas cylinders in use and possibility of gas explosions with attendant loss of lives and…
No more Jumia delivering food to your doorstep after 31 December
December 15, 2023
No more Jumia delivering food to your doorstep after 31 December
Serious cost-saving measures are going on at Jumia Technologies which is of huge significance when considering the last mile deliveries…
