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Economy

Nigeria pushes indigenous oil firms to build skills, raise operating standards

Nigeria’s upstream oil sector is entering a new phase, and regulators are pushing independent producers to step up quickly to fill the space left by departing international oil companies. At the centre of that message is the Nigerian Upstream Petroleum…

Business Commerce and Industry Diplomacy Economy Investments

UK business delegation in Nigeria turns $8.1bn trade ties into deals

The UK has stepped up efforts to convert diplomatic momentum into real business outcomes, sending its first trade and investment mission to Nigeria since the recent State Visit. The move signals a shift from high-level agreements to practical deal-making across…

Business Economy

Impactful yet invisible: How data-driven systems underplay Africa’s informal economy

Ziggy Ojiegbe More than 80 percent of employment in Nigeria and several fast-growing African economies is informal. Around 90 percent of consumer spending is conducted in cash. Nearly 60 percent of enterprises are owned by women. Yet an estimated 83…

Book Reading Series: NCDMB restates commitment to intellectual convergence

Ziggy Ojiegbe The Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to provide veritable platform for intellectual convergence in the petroleum and linkage industries in Nigeria. Executive Secretary, Engr Omatsola Ogbe, declared at the weekend that raising…

NCDMB commends Shell, NNPC on UNILAG Geosciences Centre of Excellence

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has expressed excitement at the state-of-the-art Geosciences Centre of Excellence at the University of Lagos, declaring it as an enduring value that transcends mere infrastructural development. In a sector where…

Commerce and Industry Economy Energy

NLNG awards ₦250m to 51 entrepreneurs at 2026 VIBES Pitch-a-Thon

Ziggy Ojiegbe Nigeria Liquefied Natural Gas Limited has awarded ₦250 million in grants to 51 entrepreneurs following the conclusion of its 2026 Vocational Innovation and Business Empowerment Scheme (VIBES). The beneficiaries emerged from a pool of 103 participants drawn from…

Africa caught in debt squeeze as global crises push borrowing costs to record heights

Frank Okon African nations are among the hardest hit by high borrowing costs imposed by a series of global crises, including widespread pandemics, armed conflicts, and economic shocks. The COVID-19 pandemic, the Russia–Ukraine war, and rising instability in the Middle…

Brand and Promotion Business Commerce and Industry Diplomacy Economy Energy

AOW:Energy 2026: NCDMB partnership to boost African energy development

Sopuruchi Onwuka Participation of the Nigerian Content Development and Monitoring Board (NCDMB) in the upcoming AOW:Energy 2026 will advance key priorities shaping the continent’s energy future, the organizers have declared. According to a media available to Oracle Intelligence, the participation…

Nigeria–Morocco $25bn gas pipeline set for multilateral backing

WAPCO declares infrastructure readiness for extension  A major trans-African energy project, the Nigeria–Morocco gas pipeline, is moving closer to reality as plans advance to secure multilateral endorsement and finalize a key intergovernmental agreement this year. The project known as the…

NCDMB, Seplat move to launch gas Centre of Excellence at DELSU

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc have advanced plans for the take-off of a Centre of Excellence in Gas Development at Delta State University (DELSU), following a high-level engagement with the university’s…