Business

NCDMB tightens compliance in midstream sector, warns operators against violations

NCDMB tightens compliance in midstream sector, warns operators against violations

The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its drive to ensure compliance with the NOGICD Act 2010…
Nigeria produces it. Nigeria imports it. So, what is really going on?

Nigeria produces it. Nigeria imports it. So, what is really going on?

Nigeria grows rice, yet ships dock daily with foreign rice. In the same way, Nigeria harvests tomatoes, yet factories import…
Borrowing costs could ease as CBN cuts interest

Borrowing costs could ease as CBN cuts interest

Borrowing money in Nigeria has been brutally expensive for months. From business loans to personal credit, interest rates climbed to…
Global memory chip demand is reaching Nigeria’s smartphones

Global memory chip demand is reaching Nigeria’s smartphones

Artificial intelligence is reshaping the global memory chip market, and Nigeria is starting to feel the ripple effects. DRAM and…
Shea nuts export restriction deadline approaches as industry awaits government decision

Shea nuts export restriction deadline approaches as industry awaits government decision

With the February 26 deadline approaching, uncertainty is growing over what the federal government will do about the temporary restriction…
NCDMB says content levy payment required for approvals

NCDMB says content levy payment required for approvals

Nigeria’s oil and gas regulator has issued a firm warning to upstream operators that compliance with the Nigerian Content Development…
The business of beauty: Why personal care is thriving despite inflation

The business of beauty: Why personal care is thriving despite inflation

If there is one sector inflation has not managed to shut down in Nigeria, it is the beauty industry. Hair…
Startup funding rebounds, but women-led firms still attract under 10%

Startup funding rebounds, but women-led firms still attract under 10%

Africa’s startup funding landscape showed signs of life in 2025 after two difficult years, but for women-led companies, the recovery…
Weak demand leaves manufacturers with ₦1.8 trillion worth of unsold goods

Weak demand leaves manufacturers with ₦1.8 trillion worth of unsold goods

Nigeria’s manufacturing sector is under pressure as weak consumer demand and rising production costs push finished goods and raw material…
NCDMB tightens oil and gas contracting rules to block middlemen and cut delays

NCDMB tightens oil and gas contracting rules to block middlemen and cut delays

Nigeria’s oil and gas contracting process has long struggled with delays, rising production costs and the presence of companies that…
NCDMB pushes Nigerian energy firms toward $3.4 trillion AfCFTA opportunity

NCDMB pushes Nigerian energy firms toward $3.4 trillion AfCFTA opportunity

Nigeria’s energy firms are being positioned for a much larger stage as the Nigerian Content Development and Monitoring Board maps…
Africa Energy Bank set for launch as NCDMB reaffirms support for APPO

Africa Energy Bank set for launch as NCDMB reaffirms support for APPO

As Africa looks inward for sustainable financing to drive its oil and gas ambitions, the Nigerian Content Development and Monitoring…
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