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Commerce and Industry

NCDMB says capacity building targets full industry ecosystem

Builds health sector capacity with hi-tech equipment, simulators at BMU Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that capacity building in the energy sector is conceived to create an enabling ecosystem that enhances optimization, operability…

WIEN, Women Affairs Ministry to collaborate on optimizing female capacity

Sopuruchi Onwuka The leading voice for gender equity in the energy sector, Women in Energy Network (WIEN) has entered partnership with the Ministry of Women Affairs and Social Development to advance women’s economic participation and access to healthier clean energy…

WIEN pushes reforms to break barriers for women in petroleum industry

Sopuruchi Onwuka Africa’s leading gender equity advocate, the Women in Energy Network (WIEN) has called for urgent structural reforms in Nigeria’s oil and gas industry, warning that systemic barriers continue to limit women’s participation in the workforce, leadership and enterprise…

2025 Licensing Round: NUPRC to end registration, applications Feb 27

Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that registration and submission of applications for Pre-Qualification under the Nigeria 2025 Licensing Round closes at 4.30pm on 27 February 2026. The commission stated in a media release that…

Dangote flaunts fuel supply capacity, but price creates real gaps

Disproves government’s supply figures Sopuruchi Onwuka Private refinery behemoth, Dangote Industries Limited, has declared that it has optimized its plant processing operations, increasing fuel production capacity beyond perceived national peak daily demand. The company also stated that it now has…

Nigeria’s Jan oil output, price challenge 2026 budget assumptions

Sopuruchi Onwuka Nigeria’s crude oil production slipped in January, highlighting an early gap between actual performance and the more ambitious assumptions embedded in the 2026 federal budget. An analysis of the January production performance and average oil price in January…

TotalEnergies reaffirms commitment to Nigeria’s industry aspirations

Sopuruchi Onwuka The Managing Director of TotalEnergies EP Nigeria Limited, Mathieu Bouyer, has restated the company’s commitment to expanding Nigeria’s energy supply while reducing the carbon intensity of its operations. Bouyer who spoke during a panel session titled “Capitalizing on…

FG seeks expansion of clean cooking to 5m homes

Sopuruchi Onwuka Federal Government has called for strong global financing support to accelerate clean cooking access for five million Nigerian households by 2030, stressing that is a pillar of economic inclusion, gender empowerment, domestic industrialization and environmental stewardship. Minister of…

NCDF: FG warns oil firms, contractors of non-compliance consequences

Defaulters deny themselves all regulatory support  Sopuruchi Onwuka Players in the upstream petroleum industry who fail to make mandatory legal payments into designated accounts of the Nigerian Content Development Fund (NCDF) might lose their entitlement to all regulatory support and…

China expands its free tariff trade to 53 African nations

China will eliminate tariffs on imports from 53 African countries from May 1, expanding its zero-tariff access policy across nearly the entire continent as Beijing deepens trade ties with its largest regional partner. The move builds on China’s existing zero-tariff…