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Economy

WIEN plots full gender capacity across sectors

New President of the Women in Energy Network (WIEN), Mrs Eyono Fatai-Williams, has stated that the group holds an outlook that could capture the full female potential in Nigeria’s full industry loop in boosting economic growth and development. Mrs Eyono…

NCDMB tasks indigenous oil firms on governance, policy compliance

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies were equally…

Business Economy Energy

Govt should embrace values women bring to energy industry –Ogbue

After serving as President of Women in Energy Network (WIEN), the foremost gender equity advocacy group in the energy sector; Mrs Funmi Ogbue, who concluded an impactful tenure this November, declares that gender diversity and inclusiveness in Nigeria’s business environment…

NLNG Train-7 project hits 52% completion, employs 8,300 workers

Sopuruchi Onwuka The ongoing construction of the seventh process train of the Nigeria Liquefied Natural Gas (NLNG) currently engages some 8,300 workers who have contributed to driving the project to 52 percent completion as at last weekend. Managing Director, Dr….

Wabote lauds Genesis Academy for creating 2500 jobs

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State.  The NCDMB…

NEITI Report: NNPC claims N4.207 trn from FG

Sopuruchi Onwuka Following the accounting gaos in the operations of the petroleum industry in which the Nigerian National Petroleum Company (NNPC) Limited was listed as a bad debtor to the country, the national oil company has returned to claim whopping…

Wabote counts local content benefits at MG VOWGAS’s facilities

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday commissioned MG VOWGAS’ newly installed 200-ton heat treatment furnace and state-of-the-art dish head forming machine at the company’s yard in Port Harcourt,…

Oando is ahead of Africa’s ESG curve

Nigeria’s leading indigenous energy solutions provider, Oando, has been confirmed the leader in Africa’s efforts to conform to new global environmental and sustainability standards through its innovative investments in business portfolios that wipe off its operational footprints on the environment….

NCDMB is still the best among Nigeria’s MDAs

The Nigerian Content Development and Monitoring Board (NCDMB) has maintained its lead in excellence with the retention of its position as the best Federal Agency in transparency and efficiency in business. In the 2023 Half Year Executive Order 001 Compliance…

Wabote, Barth Nnaji chorus Nigerian Content remedy to forex crisis

Sopuruchi Onwuka Amidst the growing anger in the country over the rising rate of foreign exchange, prominent industry technocrats with critical roles in the economy have agreed that strict application of the existing local content laws would reverse the demand…