Skip to content
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…
African Local Content: Start small, prove it works, then think continental
[Emmanuel Okoroafor, Ph.D] African Local Content is an attractive and potentially transformative idea. Done properly, it could deepen African industrial capacity, create employment, encourage technology transfer, strengthen indigenous businesses and retain a much greater share of the value generated from…
Flare gas commercialization: Policy targets, jubilant licensees and investment reality
Sopuruchi Onwuka Federal government is getting increasingly impatient with the slow progress made by the licensees of the Nigeria Flare Gas Commercialization Programme (NGFCP), threatening to revoke their awards of access to flare gas at the nation’s oil production sites;…
UK appoints Vicky Seymour as Deputy High Commissioner to Nigeria
The United Kingdom Government has appointed Ms Vicky Seymour as its new Deputy High Commissioner in Abuja, succeeding Mrs Gill Lever, OBE, who completed her diplomatic posting to Nigeria in June 2026. Ms Seymour has now assumed office in Abuja,…
Nigeria joins Saudi-led maritime coalition amid mounting domestic security pressures
Nigeria has joined 13 other countries in a Saudi Arabia-led multinational maritime security coalition established to protect critical international shipping routes through the Strait of Hormuz, the Bab el-Mandeb Strait, the Red Sea and the Gulf of Aden, even as…
NCDMB commends Brentex’s $50m steel pipe facility, pledges industry support
The Nigerian Content Development and Monitoring Board (NCDMB) has commended Brentex Petroleum Services Limited for the significant progress recorded on its $50 million Steel Pipe Induction Bending and Coating Facility. The agency described the facility which is located at the…
FG moves to drive down cement prices, to engage producers from July 1
Minister of Works, Engr. David Umahi has said the Federal Government will begin engagements with cement manufacturers from July 1 to address the rising cost of cement in the country. Umahi revealed this at the unveiling of Lafarge’s new corporate…
Elohor Aiboni appointed first Nigerian EVP, Chairman of Shell Companies in Nigeria
One of Nigeria’s most accomplished petroleum industry professionals, Mrs. Elohor Aiboni, has been appointed Executive Vice President and Chairman of Shell Companies in Nigeria (SciN), becoming the first Nigerian to occupy the combined leadership position in the energy giant’s operations…
Iran war deescalated but oil market risk remains elevated __Rystad
Global energy consultancy Rystad Energy has described the newly signed Memorandum of Understanding (MOU) between the United States and Iran as a significant de-escalation of tensions rather than a lasting resolution, warning that geopolitical risks in global oil markets remain…
NCDMB’s oil and gas park to become operational Q4 2026
Fred Ojigebe Industrial operations and sundry manufacturing activities will go live in fourth quarter of the year at the Emeyal-1 Oil and Gas Park conceived and developed by the Nigerian Content Development and Monitoring Board (NCDMB). The infrastructure and facility…
