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NCDMB reaffirms commitment to speedy project approvals
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies. The goal isto ensure speedy development of oil and gas…
Nigeria missing in 2024 frontier exploration programmes __Rystad
Sopuruchi Onwuka Nigeria which has the most developed petroleum exploration and production plays in Africa is missing in new exploration drilling campaigns mapped by world’s biggest operators in the continent; highlighting the persisting investment apathy by distraught players protesting stringent…
NNPC, WAGC, Temile build LPG carriers
Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…
Italy hosts development summit Africa’s devpt, migration
Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…
Kyari insists NNPC Ltd withheld no public fund
Sopuruchi Onwuka Nigerian National Petroleum Company Limited has declared that it has not failed to remit statutory oil income to the federation account as earlier made public in the damning report f the Nigerian Extractive Industry Transparency Initiative (NEITI). Group…
Ebereonwu canvasses industry-academia collaboration to close skill gaps
Sopuruchi Onwuka Emerging Nigerian petroleum industry policy analyst, Dr Charles Ebereonwu, has called for effective collaboration between the nation’s industrial sector and the academia in order to deepen innovations that propel economic development of the country. Dr Ebereonwu, who currently…
Money market awaits signals as CBN’s MPC holds 1st meeting
Sopuruchi Onwuka Players in the Nigerian financial markets are in full attention as the new administration of the Central Bank of Nigeria (CBN) convenes its first monetary policy committee (MPC) meeting at the end of February to roll out new…
FG welcomes back bureaux de change into forex market
Sopuruchi Onwuka The federal government now allows unofficial foreign-exchange trading back into market in a measure to narrow the gap with the official rate the Naira. And the Economic and Financial Crimes Commission (EFCC) has given the Association of Bureaux…
Corruption, hostile environment hinder US investments in Nigeria
Sopuruchi Onwuka The government of the United States of America has blamed uncongenial business environment and fear of corruption as key hindrances to investment capital flow from the world’s biggest economy into the Africa’s most populous country. The American Secretary…
Axxela joins United Nations Global Compact
Sopuruchi Onwuka Pioneer private sector developer of natural gas distribution pipelines in Nigeria, Axxela Limited (Axxela), declares that it has joined thousands of global corporate operators in promoting sustainability under the United Nations (UN) Global Compact initiative. Axxela is a…
