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NCDMB deepens China ties, imports manufacturing capacity, technology transfer
The Nigerian Content Development and Monitoring Board (NCDMB) has intensified efforts to attract Chinese investment, manufacturing capacity and technology into Nigeria’s oil and gas industry, engaging more than 100 Chinese Original Equipment Manufacturers (OEMs) in Chengdu, China. The engagement formed…
NCDMB launches LearnFest for understanding Local Content processes
The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated the LearnFest Lecture Series, a continuous learning platform designed to strengthen the capacity of its staff and oil and gas industry stakeholders to effectively understand and implement Nigerian Content policies…
Africa’s refining moment and Nigeria’s inflection point
[Kunle O Stevenson] Africa stands at a defining moment in the evolution of its energy economy. For decades, the continent has exported crude while importing a substantial share of the refined petroleum products needed to power its transport systems, industries,…
FG restates Nigeria’s commitment to Africa’s local capacity building
The Federal Government has reaffirmed Nigeria’s commitment to sharing its oil and gas industry experience with other African countries, particularly through the African Petroleum Producers Organisation (APPO), as a high-level delegation from the Democratic Republic of Congo (DRC) begins an…
Nigeria inflation decelerates to 15.39% in August
Nigeria’s annual inflation rate unexpectedly eased in August, a surprising phenomenon that is only possible in run up to general elections as high prices of commodities, especially food items dominate election campaigns. Weaker inflation rate thus strengthens the case for…
NLNG targets Q4 2027 Train 7 commissioning as gas squeeze limits output
Nigeria LNG Limited (NLNG) is targeting the commissioning of its long-delayed Train 7 liquefaction project by the fourth quarter of 2027, even as persistent gas supply constraints prevent the company from fully exploiting stronger demand for liquefied natural gas (LNG)….
Dangote’s US listing to put refinery on global valuation template
Sopuruchi Onwuka Dangote Refinery’s planned listing on a United States stock exchange could become the next major test of investor confidence in Africa’s biggest private industrial project, following its $1.6 billion Initial Public Offering (IPO) on the Nigerian Exchange. In…
NLNG to gas industry: Make methane reduction a business priority
Nigeria LNG Limited (NLNG) has called on the global gas industry to treat methane reduction as a business priority, arguing that every tonne of methane released into the atmosphere represents lost revenue and gas that could otherwise be delivered to…
Renaissance calls for shared prosperity, collective action in Niger Delta
Renaissance Africa Energy Company has called for a development model in the Niger Delta that links economic growth, environmental stewardship and community prosperity, stressing that investment, innovation and industrial expansion in the region are a national necessity. The company’s Managing…
UK, Abia deepen partnership on digital transformation, investment
The United Kingdom has reaffirmed its commitment to deepening its partnership with Abia State, with British Deputy High Commissioner in Lagos, Jonny Baxter, highlighting the state’s growing reputation for entrepreneurship, innovation and economic opportunity. Baxter made the commitment at the…
