Business
New Presidential Executive Orders reinforce local content implementation, says NCDMB
March 13, 2024
New Presidential Executive Orders reinforce local content implementation, says NCDMB
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded President…
Transcorp Power’s listing on the Nigerian Exchange good for future energy needs
March 4, 2024
Transcorp Power’s listing on the Nigerian Exchange good for future energy needs
As of 1:45 p.m. West African Time (WAT) on Monday, 4 March, the closing gong ceremony marking Transcorp Power’s shares…
Nigeria seeks around $10billion retribution claim over Binance messing up its economy
March 1, 2024
Nigeria seeks around $10billion retribution claim over Binance messing up its economy
Having tried several monetary hacks to improve the Naira’s standing against the dollar with few recorded successes, the Nigerian authorities…
NCDMB Governing Council inaugurated, urged to deliver more local content milestones
March 1, 2024
NCDMB Governing Council inaugurated, urged to deliver more local content milestones
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday in Abuja inaugurated the 4th Governing Council…
By how much will the OB3 Gas Pipeline boost local supply come March?
February 28, 2024
By how much will the OB3 Gas Pipeline boost local supply come March?
Even though Nigeria has about 208 trillion cubic feet (tcf) of gas deposits, most of these remain largely untapped proven…
FG and manufacturers agree that cement won’t go beyond ₦8000 for now
February 20, 2024
FG and manufacturers agree that cement won’t go beyond ₦8000 for now
The resolutions won’t be immediately implemented to accommodate a quick pause for preparation, but at least the federal government and…
Dangote oil refinery yields its first cargo shipping out in 15 days
February 15, 2024
Dangote oil refinery yields its first cargo shipping out in 15 days
Having muscled through a few botched production deadlines it had set since its 2023 May commissioning, all it would take…
Why NCDMB thinks the world’s largest trade area AfCFTA should run without visa restrictions
February 14, 2024
Why NCDMB thinks the world’s largest trade area AfCFTA should run without visa restrictions
If the African Continental Free Trade Area (AfCFTA) is to truly yield benefits for the countries that have signed up…
NCDMB together with a Senate committee working around local content policy that creates jobs
February 9, 2024
NCDMB together with a Senate committee working around local content policy that creates jobs
Now that the environment has already been created, the next move would be to ascertain that the local capacity being…
NAFDAC imposing a ban on sachet alcoholic beverages exposes Nigeria’s difficult addiction
February 6, 2024
NAFDAC imposing a ban on sachet alcoholic beverages exposes Nigeria’s difficult addiction
With the window set for accommodating the sales of minuscule packs of alcoholic beverages reaching its 31 January 2024 deadline,…
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…