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Energy

NCDMB pledges congenial environment for indigenous firms

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix OmatsolaOgbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited, a consortium that concluded acquisition of onshore oil assets of Shell…

Jordan bans Muslim Brotherhood group

Jordan announced on Wednesday it was banning the activities of the Muslim Brotherhood, a transnational Islamist movement, accusing it of manufacturing and stockpiling weapons and planning to destabilise the kingdom. The move comes after authorities said they arrested 16 people,…

Muslim World League condemns Indian terror attack

The Muslim World League (MWL) on Wednesday condemned the “heinous” terror attack in Jammu and Kashmir’s Pahalgam in which over 25 people were killed and several others were injured. The statement issued by the MWL’s General Secretariat said, “The MWL…

Deepwater capacity: Is Chappal another rent seeker?

Sopuruchi Onwuka The ongoing business divestment programme that has beset the Nigerian upstream petroleum industry is throwing up a number of concerns over actualization of the prime national economic aspirations through deliberate positioning of capable Nigerian companies for eventual crew…

Will Ojulari, NNPC board resolve Nigeria’s downstream quandary?

Sopuruchi Onwuka The reconstitution of the board and management of the Nigerian national oil company after a series of reforms in the petroleum industry appears to set a formidable stage for the recovery of the domestic petroleum market from the…

Hope for Gazans dashed as Hamas dump ceasefire plan

Sopur4uchi Omwuka, with agency reports Hamas has reportedly rejected a six-week Israeli cease-fire proposal that required the terrorist group to disarm, saying that surrendering its weapons would never be in negotiation. And the group’s intransigence comes in disregard of worsening…

Israeli troops sign petitions to end Gaza war

Israeli soldiers have signed a letter calling for an end to the war in Gaza and speeding up of negotiations for the return of native captives from the war-torn territory, Al Jazeera reported on Tuesday. Al Jazeera cited Israeli Army…

Energy

Trump admin serves demands non-US citizens to move around with visas

Sopuruchi Onwuka, with agency reports The U.S. government has introduced a regulation requiring foreign nationals, including holders of student visas, green cards, and H-1B work visas, to carry proof of their lawful immigration status at all times. The directive, effective…

Business Economy Energy

NGA to spotlight Decade of Gas” initiative at WGC 2025

Sopuruchi Owuka Nigeria’s apex gas industry investment group, the Nigerian Gas Association (NGA), is working to showcase Nigeria’s gas sector progress, highlight investment-ready opportunities, and promote strategic interests at the 29th World Gas Conference scheduled for Beijing, China. in May….

How trump’s trade wars impact Nigeria’s fiscal stability

Sopuruchi Onwuka The prevailing reciprocal tariffs imposed on global imports into the United States of America and the consequent trade wars among global economic powerhouses leave realization of Nigeria’s fiscal projections for 2025 in great uncertainty. Government’s budget for the…