Oracle Intelligence

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Month: February 2022

War in Ukraine: FG processing 479 Nigerians for evacuation

Sopuruchi Onwuka Federal government has declared custody of some 479 Nigerians struggling to find their way home from the war ravaged Ukrainian cities following the invasion of the country by neighbouring Russia and worsening humanitarian situation in the country where…

Business Economy

Stakeholders tour NCDMB facilities in N’Delta

The Nigerian Content Development and Monitoring Board (NCDMB) has kicked off a tour of its facilities in the Niger Delta regionwith stakeholders, to showcase and sensitize them of its projects and programs in the area. The tour which began in…

NLNG names Prof. Nnaji as Science Prize Board chair as 2022 cycle begins

In flagging off the 2022  cycle of the Nigeria Prize for Science, Nigeria LNG Limited (NLNG) has announced the appointment of Professor Barth Nnaji, a renowned scientist and former Minister of Power, as the chairperson of the Advisory Board for…

Wabote charges African producers to finance projects with oil windfall

Sopuruchi Onwuka African petroleum producers have the opportunity under the prevailing oil price strength to forge contributory funding schemes that would pool financing for new oil and gas development projects in the continent. Nigerian Content Development and Monitoring Board (NCDMB)…

War in Ukraine: Putin sinks into global indignation

Sopuruchi Onwuka Global political and diplomatic anger is piling against Russian President, Vladimir Putin, in the wake of Russian invasion of smaller, weaker and more peaceful Ukraine which he perceived as carelessly lost Russian territory. World leaders accused Russian President…

Fuel Scarcity: NNPC battles distributions logistics

Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited has called on Nigerians to be patient in the face of lingering fuel shortages, assuring that it was battling logistics challenges affecting efficient distribution of petrol in the country. Group General Manager…

Nigerian Content Fund exceeds $500m

Sopuruchi Onwuka The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He spoke recently at the Sub-Saharan African International Petroleum…

Seplat to become major producer with MPN’s assets

ExxonMobil joins deepwater migration Sopuruchi Onwuka Indigenous independent energy firm, Seplat Energy Plc, is on track to finalizing the much awaited acquisition of shallow offshore production assets of Mobil Producing Nigeria (MPN) Unlimited, positioning it to become a major hydrocarbon…

NCDMB, NGC comission NEDOGAS’ 300 MMscfd KGG Facility

Nedogas Development Company Limited (NDCL) has declared completion and commissioning of the Kwale Gas Gathering and Injection facility in Delta State. The project located in Umusam, near Kwale, holds capacity for handling significant 300 million standards cubic feet of gas…

Kenyan ambassador offers African recipe to Russia, Ukraine impasse

Sopuruchi Onwuka The Kenyan Ambassador to the United Nations, Martin Kimani, has urged Russia and Ukraine to forego the nostalgia of the past geopolitical enclaves and focus on greater future in peace and common prosperity. His appeal came in response…