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Minister leads NGA’s delegates to WGC 2025

The Nigerian Gas Association (NGA) proudly confirms that Nigeria’s presence at the World Gas Conference (WGC) 2025 will be headlined by strong government and energy industry leaders. Leading the strong Nigerian Delegation to the triennial event that hosts the world’s…

Delta State partners Xenergi on Eco-Industrial Park development

The government of Delta State has struck collaboration with Africa’s foremost petroleum industry solutions provider, Xenergi Limited, to establish a robust infrastructure and facility base for development of the KGG Gas Eco-Industrial Park (KGIP). The collaboration, according to the partners,…

Ministers, officials endorse new book on local content, strategic communication

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his Gas counterpart, Rt. Hon Ekperikpe Ekpo, have hailed the dexterity and courage of a management staff  of the Nigerian Content Development and Monitoring Board, NCDMB, Dr Obinna Ezeobi,…

NCDMB to end waivers for threaded pipes

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri  has directed the Nigerian Content Development and Monitoring Board (NCDMB) to stop issuing waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry….

Muslim World League condemns Indian terror attack

The Muslim World League (MWL) on Wednesday condemned the “heinous” terror attack in Jammu and Kashmir’s Pahalgam in which over 25 people were killed and several others were injured. The statement issued by the MWL’s General Secretariat said, “The MWL…

Deepwater capacity: Is Chappal another rent seeker?

Sopuruchi Onwuka The ongoing business divestment programme that has beset the Nigerian upstream petroleum industry is throwing up a number of concerns over actualization of the prime national economic aspirations through deliberate positioning of capable Nigerian companies for eventual crew…

UNCTAD wants poorest countries exempted from US reciprocal tariffs

The UN Trade and Development agency (UNCTAD) has urged the US to exempt the world’s poorest and smallest nations from reciprocal tariffs, warning that they could devastate vulnerable economies while only generating minimal revenue for Washington. US President Donald Trump’s…

Business Economy Energy

NGA to spotlight Decade of Gas” initiative at WGC 2025

Sopuruchi Owuka Nigeria’s apex gas industry investment group, the Nigerian Gas Association (NGA), is working to showcase Nigeria’s gas sector progress, highlight investment-ready opportunities, and promote strategic interests at the 29th World Gas Conference scheduled for Beijing, China. in May….

How trump’s trade wars impact Nigeria’s fiscal stability

Sopuruchi Onwuka The prevailing reciprocal tariffs imposed on global imports into the United States of America and the consequent trade wars among global economic powerhouses leave realization of Nigeria’s fiscal projections for 2025 in great uncertainty. Government’s budget for the…

Trump shields Big Tech from tariff war with exemptions

President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one. The exclusions, published late…