Industry

The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a strategic reset of the Nigerian Content Consultative Forum (NCCF), a key platform for facilitating information sharing and collaboration among key industry…
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The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the project as a major…
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Nigeria’s foreign reserves have climbed to approximately $46–47 billion, but relying on reserve accumulation alone cannot drive the economic development Nigeria desperately needs.  While the headline figure suggests progress,…
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A Nigerian man has sparked reactions online after a video of him lamenting the rising cost of fuel went viral on X, formerly known as Twitter. In the emotional clip, the man complained bitterly about how ₦100,000 worth of fuel could…
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By Danlami Nasir Isah The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No. 5 agreement with SeaSeisGeophysical Limited (SeaSeis), authorising the company, in partnership…
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Nigeria’s power supply is expected to improve in the coming weeks as gas pressure is restored to key infrastructure supporting electricity generation, according to industry officials. Speaking on the development, Adebayo Olowoniyi…
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Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari The Group Chief Executive Officer of NNPC Limited, Mr. Bayo Ojulari, has said Nigeria’s $20 billion Bonga Southwest Aparo deepwater project marks a decisive shift in the…
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The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has stated that Africa remains dependent on hydrocarbons for revenue and foreign exchange, making sustained upstream production non-negotiable. Speaking…
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Former Kogi West lawmaker, Senator Dino Melaye, has shared his reservations about the state of Nigeria’s electricity sector. Speaking via a statement on 𝕏, Melaye lamented that Nigeria has been producing electricity for more than a…
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Nigeria’s ability to benefit from elevated global crude prices continues to be constrained by persistent inefficiencies in its oil sector. Despite favourable oil price trends in recent weeks, the country has struggled to translate…
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