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NLNG restates commitment to Nigerian Content policy
The management of the Nigeria Liquefied natural Gas (NLNG) Limited has restated the commitment of the company to delivering full economic benefit from all its operations. The company which leads gas export operations in Nigeria pledged that it would drive…
NCDMB, NLNG deepen partnership on projects, LPG penetration
$5bn Train-7 project to create 50,000 jobs The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquefied Natural Gas (NLNG) Limited will set up a tactical team comprising nominees from both organizations to drive closer collaboration on projects,…
Shell Nigeria Gas deploys firm on domestic gas market survey
Sopuruchi Onwuka Domestic gas supply factor, Shell Nigeria Gas Limited (SNG), has declared engagement of consultants in a far-reaching gas market survey in 33 percent of the states in Nigeria. Shell said in a statement that the survey is to…
U.S. agrees to repatriate further $23m Abacha loot
The United States will turn over to Nigeria $23 million stolen by former military ruler Sani Abacha, but on the condition that the funds must not be re-looted. The US officials on Tuesday signed an agreement on the terms and…
Nigeria mops N12.6 Trn in H1 oil income
Eyes N20.4 trn in 2022 Sopuruchi Onwuka Nigeria has accumulated princely $21 billion or some N12.6 trillion oil income in the first seven months of the year, posting an outlook of significant $37 billion or N20.4 trillion for the year….
NCDMB delivers vocational centre to University of Ibadan
Harps on Technical Education The Nigerian Content Development and Monitoring Board (NCDMB) weekend handed over a newly developed Vocational School to the University of Ibadan for grooming of technical skills for application in domestic industrial sector. The Oracle Today reports…
FG, electricity workers reach truce, suspend strike
Total national blackout was averted yesterday after the officials of the Ministry of Labour and Productivity engaged electricity workers union in a fruitful negotiation to resolve demands that led to a strike which was capable of pulling down the already…
Factors that stoke runaway inflation in Nigeria
Sopuruchi Onwuka Rising insecurity at fishing hubs in the northern parts of the country is compounded by Ukrainian export holdup and rising petrol prices to push Nigeria’s inflation to pre-2005 highs, amplifying how Putin’s war decisions aggravated Buhari’s bad policies…
African Business Roundtable, Afreximbank conclude online masterclass
The African Business Roundtable (ABR) and the African Import-Export Bank (Afreximbank) have rounded off the coordinated Project Preparation Masterclass webinar for businesses in the continent. The masterclass which held last week was designed to bring business projects to fruition. According…
Seplat cleared for $1.6 bn MPNU acquisition
Sopuruchi Onwuka Indigenous energy independent multinational, Seplat Energy Plc, is finally on its way to become a major player in the Nigerian petroleum industry following eventual ministerial approval for the company to proceed with acquisition of a local upstream affiliate…
