Innoson is 2nd most purchased vehicle in Nigeria

Sopuruchi Onwuka Indigenous automobile manufacturer, Innoson, is second most purchased vehicle in the country despite the refusal of the federal government to implement the highly applauded Nigerian Content policy in the purchase and use of vehicles in the country. Despite…

Oil leads Nigeria’s N19 trn H1 export income

Sopuruchi Onwuka Growth in Nigeria’s trade surplus jumped by 6.5 percent in the second quarter of the year, propelled by rising crude oil volumes as the Nigerian National Petroleum company (NNPC) Limited posts both increasing revenue and low production losses…

“We don’t fix prices for Dangote refinery,” NNPC replies MURIC

Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited has declared that it currently as commercial player in a domestic fuel market that is currently undergoing commercial deregulation and is not in position determine prices for private refiners in the…

Johns Hopkins Lecture: Mainland Oil lays model for businesses in Nigeria

School lauds Dr Igwe on organic business growth The School of Advanced International Studies (SAIS) at the Johns Hopkins University, Baltimore, United States, has commended the Executive Chairman of Mainland Oil and Gas Limited, Dr Chris Igwe, on providing the…

Industrial sector grows 1.34% percent to 3.53% in Q2

Sopuruchi Onwuka The Industrial sector of the Nigerian economy grew by 1.34 percent from the first quarter of the year to Second quarter, indicating a positive trend that that is yet to be felt in the markets where inflation continues…

‘NCDMB remains most efficient, transparent MDA’ Scores 100% in PEBEC,s transparency assessment Sopuruchi Onwuka Federal government has again taken full pride in the systems and processes that drive regulatory activities at the Nigerian Content Development and Monitoring Board (NCDMB). Presidential…

NAOC divestment: Eni pockets $783m, Oando grows massive

Sopuruchi Onwuka Federal government has finally signed off on a major asset sale transaction in the upstream petroleum industry, allowing Eni walk home with princely $783 million while indigenous Oando masses up a range of petroleum reserves, power production plants,…

NCDMB, Ghanaian Petroleum Commission begin technical cooperation

In furtherance of its long-standing support to African oil and gas producing countries and development of local content in the continent, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Lagos began a five-day knowledge sharing programme with…

WIEN, LSEB to partner on Supernova Girl training programme

Nigeria’s leading gender equity advocate and women capacity building driver, Women in Energy Network (WIEN) has finalized arrangements with the Lagos State government to provide on-the-street girls with several skills that would enable them fit into the state’s energy industry….

WIEN Woman Podcast: Engr. Chichi Emenike shares secret routes to the top

One of the few indigenous women leading upstream petroleum companies in the country, Engr Chichi Emenike, is the guest to Mrs Rolake Akinkugbe-Filani and Engr Charlotte Essiet in the fourth episode of the WIEN Woman Podcast. Engr Emenike who is…