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AfCFTA can push local capacity to continental markets __Ogbe
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Ogbe, has said that effective implementation of the African Continental Free Trade Area (AfCFTA) in the oil and gas industry will be critical to unlocking Africa’s…
Falcon Corporation bags ‘A’ rating on strong cash flow, gas demand
Sopuruchi Onwuka Frontline indigenous gas distribution player, Falcon Corporation Limited, has secured an “A” long-term and “A1” short-term corporate credit rating with a stable outlook from Agusto & Co., Africa’s foremost credit rating agency. The rating was announced in Lagos…
NCDMB-ACFTA Summit: Stakeholders demand free movement, harmonized policies
Sopuruchi Onwuka Investors and stakeholders in Africa’s petroleum and allied industries on Monday urged governments across the continent to ease cross-border movement of goods and services to enable businesses fully realize the objectives of the African Continental Free Trade Area…
WIEN celebrates Akpedeye, commends Aradel on board appointment
Sopuruchi Onwuka Women in Energy Network (WIEN), a leading gender equity advocacy group in the energy sector, has expressed excitement over the appointment of Ms. Nnoli Akpedeye to the Board of Aradel Holdings Plc. The group also commended the Board…
Renaissance wins Energy Deal of the Year at NIES 2026
Renaissance Africa Energy Company on Tuesday night won the Energy Deal of the Year for 2025 at the Awards Night of the 2026 Nigeria International Energy Summit (NIES) in Abuja. The award recognises the company’s $2.4 billion acquisition of Shell’s…
NCDMB pledges enduring support for APPO, Africa Energy Bank
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its strong support to the African Petroleum Producers Organization (APPO) and its newly established financial institution – the Africa Energy Bank (AEB). The Executive Secretary of NCDMB, Engr. Felix Omatsola…
NCDMB webinar creates pathway to $3.4trn African energy market
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has outlined a practical pathway for positioning Nigeria’s energy sector to access the $3.4 trillion African Continental Free Trade Area (AfCFTA) market, following a strategic webinar focused on meeting rules-of-origin…
African nations adopt Nigeria’s Local Content model for continent’s energy future
Sopuruchi Onwuka African oil-producing countries have agreed to leverage Nigeria’s local content development model as a framework for securing Africa’s energy future, strengthening intra-continental energy access, and driving sustainable economic growth. The decision emerged as the central outcome of the…
NCDMB drives Nigeria’s energy capacity, Africa’s supply chain connectivity
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as a central force in building Nigeria’s energy industry capacity while expanding Africa’s oil and gas supply chain connectivity, industry leaders heard at the Nigerian International Energy Summit….
NNPC secures operating partner for refinery IJV
Nigeria underway to become Africa’s refining hub Private investors building refinery capacity to 3.0 mbd Sopuruchi Onwuka Nigeria is underway to realizing the dream of becoming Africa’s refining hub after the national oil company finally secured partnership with a Chinese…
