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NCDMB launches $100m equity funds, weeds out dubious players

* Begins activation of industrial parks * Nigerian Content level hits 61% Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared increased linkage between the huge budget upstream petroleum industry and the domestic economy, saying over 61…

NCF debts: NCDMB, NASS chase Sahara Energy, others

Sopuruchi Onwuka More trouble is underway for indigenous Sahara Group as both the National Assembly and petroleum industry value regulator, the Nigerian Content Development and Monitoring Board (NCDMB) vowed on Tuesday to deal decisively with upstream petroleum players evading mandatory…

PNC: NCDMB summons industry to Local Capacity and Energy Transition debate

Sopuruchi Onwuka The 2025 Practical Nigerian Content Forum will today launch off with a welcome reception that brings government officials, industry leaders, and energy stakeholders to Yenagoa for four days of discussions on the future of Nigeria’s oil and gas…

IEA pledges collaboration with NUPRC low emission regulations

Sopuruchi Onwuka Nigeria and the International Energy Agency (IEA) agreed to deepen cooperation on data integrity, energy transition planning, and upstream sector governance following a high-level meeting between the Agency’s delegation and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in…

NLNG, NCDMB collaborate on rapid plant maintenance, project value

The Nigeria Liquefied Natural Gas (NLNG) Limited has secured full cooperation of the Nigerian Content Development and Monitoring Board (NCDMB) on timely delivery of NLNG’s Accelerated Asset Intervention (AAI) programme, a major revamp of Trains 1 to 6 at the…

At 4th AGM, WIEN celebrates 5 years of impactful growth, influence

Sopuruchi Onwuka The Women in Energy Network (WIEN) marked its Annual General Meeting with a strong message about its expanding influence and its growing role in shaping a more inclusive, innovative, and sustainable energy sector in Nigeria and beyond. Addressing…

Renaissance partners EU on Energy Security, industrialization

Renaissance Africa Energy Company Limited has taken another step in its push to strengthen Africa’s energy security and industrial capacity, partnering with the Delegation of the European Union (EU) to Nigeria and ECOWAS to deepen dialogue on sustainability, governance, and…

Nwifuru presents N884.868bn budget proposal to Ebonyi Assembly

From Chinedu Nwafor,Abakaliki Ebonyi State Governor, Francis Nwifuru on Tuesday presented a total of  ₦884,868,327,429.94 appropriation bill to the state House of Assembly for 2026 fiscal year. The 2026 budget proposal is far above the 2025 budget which was N536,678,300,000.00….

UK, Nigeria deepen digital cooperation

The United Kingdom and Nigeria have taken another major step in their expanding digital partnership, launching a high-level benchmarking and knowledge exchange tour designed to strengthen how Nigeria clears IT projects and procures public digital products and services. The week-long…

Heirs Energies doubles output at OML 17

Adds 135 MMscf/d to Nigeria’s domestic gas supply Sopuruchi Onwuka Innovative, rigless recompletion of a key non-associated gas well in oil mining lease (OML) 17 has added momentum to Nigeria’s drive toward stable, affordable energy supply. Operator of the oil…