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…

Heritage Energy advocates ESG practices in oil and gas industry

Heritage Energy Operational Services Limited has advocated very strongly for the adoption of environmental, social and governance (ESG) practices for the sustainability of the petroleum industry in Nigeria. Chief Executive Officer, Ado Oseragbaje, stated that it has become necessary for…

China leads world’s production with $5.06 trn output

Sopuruchi Onwuka China has been declared undisputed global manufacturing champion, churning out about a third of goods produced across the world in for 2022, the most recently available data on global manufacturing showed. According to analysis of official data by…

Engr. Ogbe restates NCDMB’s support for indigenous firms

Sopuruchi Onwuka The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production…

NCDMB to build credible players, weed out job traders

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared its unbending resolve to bolster the capacity and effectiveness of credible local companies partnering the agency in delivering the prime economic objectives in the petroleum industry. The Executive…