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Xenophobic attacks: AfCFTA under threat as Nigeria, S/Africa deepen diplomatic row over compensation for displaced Nigerians

Nigeria’s Minister of Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu Brewing diplomatic row between two of the continent’s biggest economies now threatens the world’s largest free trade agreement by number of countries, the African Continental Free Trade Agreement (AfCFTA) as Nigeria and…

‘Nigeria can no longer depend solely on DisCos,’ as FG plans nationwide utility-scale renewable energy

Federal Government has disclosed plans to create Renewable Energy Service Companies (RESCos) across the country to drive access to electricity for more households. Government said the RESCos are expected to compete directly with existing electricity distribution companies (DisCos) over the…

WIEN Academy accelerates leadership development for women in energy

The Women in Energy Network (WIEN) has marked six months of strengthened learning and leadership development through the WIEN Academy, underscoring a renewed commitment to delivering structured, consistent and industry-responsive programmes that equip women with the knowledge, skills and confidence…

FG commends NCDMB’s investments in Nigeria’s future

The Federal Government has applauded the Nigerian Content Development and Monitoring Board (NCDMB) for its sustained investments in critical areas of Nigeria’s socio-economic development, describing the Board’s interventions as a practical demonstration of how local content policy can drive education,…

CBN places four banks ‘under close regulatory supervision’ over failure to meet March 31 recapitalisation deadline

Central Bank of Nigeria (CBN) says it has placed four commercial banks under ‘close regulatory supervision’ over their failure to meet the March 31, 2026 recapitalisation deadline set for various categories of operators in the country. CBN it would be…

Posted on VN

NCDMB to launch Trainers’ Registration Certificate Monday

The Nigerian Content Development and Monitoring Board (NCDMB) will on July 27, 2026, officially launch the Nigerian Content Trainers’ Registration Certificate (NCTRC), a digital certification platform designed to strengthen quality assurance, standardisation, and transparency in human capacity development across Nigeria’s…

Jonathan lauds NCDMB on Nigerian Content milestones, celebrates 61% local participation

Former President Dr. Goodluck Ebele Jonathan has declared that the Nigerian Content Development and Monitoring Board (NCDMB) has fully achieved the vision that inspired Nigeria’s local content policy and the enactment of the Nigerian Oil and Gas Industry Content Development…

Chevron lands sole deepwater block as NUPRC awards 37 oil licences

Chevron has strengthened its long-term investment position in Nigeria after its deepwater affiliate, Stardeep Petroleum, secured Petroleum Prospecting Licence (PPL) 2010 during the commercial bid conference for the 2025 oil and gas licensing round conducted by the Nigerian Upstream Petroleum…

ECOWAS endorses $27bn Nigeria-Morocco Gas Pipeline project

Barely a month after Algeria kicked off work on its section of a proposed 4,100km long Trans-Saharan Gas Pipeline (TSGP) project involving Nigeria-Niger-Algeria, leaders of the West African sub-region have unanimously approved take-off of the Nigeria-Morocco Gas Pipeline (NMGP) also…

Posted on VN

Over 143 firms jostle for 50 oil blocks as NUPRC holds bid round

The Federal Government will on Tuesday commence the commercial bidding phase of its much-publicised 2025 Oil and Gas Licensing Round, with 143 prequalified companies set to compete for exploration and production rights over 50 petroleum blocks spread across Nigeria’s major…