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NCDMB unveils criteria for Nigerian Content Awards
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has rolled out the objectiveevaluation metricsthat will guide selection of corporate and individual entities for conferment with the Nigerian Content Awards scheduled to hold later in the month. According to…
Minister leads NGA’s delegates to WGC 2025
The Nigerian Gas Association (NGA) proudly confirms that Nigeria’s presence at the World Gas Conference (WGC) 2025 will be headlined by strong government and energy industry leaders. Leading the strong Nigerian Delegation to the triennial event that hosts the world’s…
Delta State partners Xenergi on Eco-Industrial Park development
The government of Delta State has struck collaboration with Africa’s foremost petroleum industry solutions provider, Xenergi Limited, to establish a robust infrastructure and facility base for development of the KGG Gas Eco-Industrial Park (KGIP). The collaboration, according to the partners,…
NCDMB to end waivers for threaded pipes
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri has directed the Nigerian Content Development and Monitoring Board (NCDMB) to stop issuing waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry….
UNCTAD wants poorest countries exempted from US reciprocal tariffs
The UN Trade and Development agency (UNCTAD) has urged the US to exempt the world’s poorest and smallest nations from reciprocal tariffs, warning that they could devastate vulnerable economies while only generating minimal revenue for Washington. US President Donald Trump’s…
Trump shields Big Tech from tariff war with exemptions
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one. The exclusions, published late…
Markets respond to Trump’s tariffs pauses on countries, hike on China
Sopuruchi Onwuka Global markets surged Tuesday after former President Donald Trump announced a surprise 90-day pause on new tariffs for more than 75 countries currently negotiating trade terms with the U.S. In a post on Truth Social, Trump said: “I…
Trump’s tariffs, the undercurrents and the fate of AGOA
Sopuruchi Onwuka The sweeping trade tariffs with which President Donald Trump of the United States tends to have upset global trade asserts, once again, the overwhelming influence of the country as the world’s most powerful economy. President Trump imposed only…
Trump becomes new oil price factor
Sopuruchi Onwuka The new economic and trade policies of President Donald Trump of the United States appear to establish as a third major factor in the global oil price dashboards as threats of crippling sanctions on Russian, Venezuelan and Iranian…
Nigeria’s wine import from US hits N13.3 bn in 2024
Sopuruchi Onwuka Nigeria became the largest market in Africa for U.S. wines in 2024 with exports valued at $7.8 million or N13.3 billion in 2024, just as the California Wine Institute organized a specialized seminar to highlight opportunities for mutually…
