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NCDMB rallies oil contractors with NOGOF 2023
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) will in the middle of next month host a robust expo on contract opportunities in the upcoming projects in the petroleum industry. The event which is in its fourth edition…
Wabote earns Africa productivity laurel
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, weekend in Kigali, Rwanda, received the Champion of Local Content Development in Africa Award. The honour which was bestowed on him at the…
FG extends deadline for deepwater licensing round
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared extension of bid submissions for the ongoing mini bid round for award of exploration rights in the nation’s deep offshore sedimentary basins. Commission Chief Executive (CCE), Engr Gbenga Komolafe,…
‘Regionalize national grid, replicate Geometric model’
He refuses to be defined by his roles as government’s policy driver and technocrat. Prof BARTH NNAJI is arguably the only Nigerian minister that has distinguished himself with successful business model to demonstrate his policy propositions. In this chat with…
ExxonMobil divestment hits another snag
As Seplat hits Orjiako with N5 bn litigation Sopuruchi Onwuka Plans by Seplat Energy Plc and ExxonMobil to press on with closure of the stalled asset divestment before President Muhammadu Buhari’s administration leaves office may be difficult to deliver after…
NCDMB grooms women for industry leadership
No fewer than 30 women chief executives are undergoing a six-day Entrepreneurship Training Workshop sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) in Port Harcourt, Rivers State. The training, based on a course content developed by the United…
Snake Island Integrated Free Zone Joins Africa Economic Zones Organisation
Snake Island Integrated Free Zone (SIIFZ), an economic development area in Lagos, has been listed as an active member of the Africa Economic ZonesOrganization (AEZO). AEZO is an association of leading African economic zones and institutions in charge of developing,…
‘Investment impasse, not theft, accounts for oil output fall’
Output decline to continue until NUPRC rises to duty NNPC must yield local tussle for value driven partnerships His voice commands power in the petroleum industry where he has traversed the full activity routes and provided leadership to different professional…
Industry surprised at NNPC’s expatriate hire
Sopuruchi Onwuka Questions are rising in the nation’s petroleum industry over the decision by the Nigerian National Petroleum Company (NNPC) Limited hire an expatriate into a crucial management position in one of its most crucial revenue yielding trading affiliates. The…
Credit Suisse to write down $17 bn debt
Credit Suisse said 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will be written down to zero on the orders of the Swiss regulator as part of its rescue merger with UBS, Reuters reported. FINMA, the…
