A total of 132 Nigerian companies have accessed N51.785 billion and $359.653 million from local content intervention funds aimed at promoting indigenous participation in the country’s oil and gas industry, …
NCDMB
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BusinessFinanceIndustrialisationNigeriaOil & Gas
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BusinessConstructionEnergyEngineeringNewsNigeriaOil & Gas
Marconi.NG Reaffirms Commitment to Low-Cost
Nigeria’s renewed effort to reduce production costs, speed up oil and gas field development, and attract new investments has received fresh support as Marconi.NG EPC Limited restated its commitment to …
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BusinessDevelopmentEconomyEnergyGOVERNMENTOil & Gas
FG Warns Oil Companies to Show Real Commitment or Lose Space in Nigeria’s Energy Sector
The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …
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BusinessEconomyEnergyOil & Gas
NCDMB Urges WAV, Other Indigenous Firms to Explore Deepwater Oil and Gas Opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, has called on leading Nigerian oil and gas service providers to direct more of their …
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BusinessCapital MarketCorporate EarningsEnergyNigeriaOil & Gas
OGTAN Pledges Stronger Skills Training to Boost Nigeria’s Energy Sector
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reaffirmed its commitment to building fit-for-purpose skills that will strengthen Nigeria’s energy industry and ensure long-term sustainability. Speaking at the …
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BusinessEconomyEntrepreneurshipINVESTMENTManufacturingNigeria
Yikodeen Gets $1.5m Boost from Aruwa Capital to Expand Safety Footwear Production in Nigeria
Nigerian safety footwear manufacturer, Yikodeen, has secured a $1.5 million investment from Lagos-based private equity firm, Aruwa Capital Management. The money will be used to expand Yikodeen’s factory, increase its …
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DevelopmentEducationNigeriaOil & GasTechnology
NNPC/FIRST E&P JV Trains 180 Teachers, Distributes 200 Digital Devices to Boost Education in Niger Delta
In a move to improve digital learning in the Niger Delta, the NNPC Limited and FIRST Exploration & Petroleum Development Company (FIRST E&P) Joint Venture, in collaboration with the Nigerian …
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BusinessEconomyEnergyInfrastructureLeadershipNigeriaOil & Gas
Renaissance Africa Energy Clinches Top Honours at 2025 NOGOF Awards
Renaissance Africa Energy Company Limited has emerged as the Nigerian Content International Upstream Operator of the Year at the 2025 Nigeria Oil and Gas Opportunity Fair (NOGOF), held in Yenagoa, …
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BusinessBusiness InsightsDevelopmentEconomyLeadershipNigeriaOil & GasPoliticsWestern Africa
Goodluck Jonathan Says Western Oil Firms Failed to Develop Nigeria, Blames Lack of Local Content and Weak Laws
Former President Goodluck Jonathan has said that the Western oil companies that discovered crude oil in Nigeria failed to develop the country because they did not transfer technical knowledge or …
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BusinessBusiness InsightsEnergyLeadershipNigeriaOil & Gas
Renaissance Africa Energy Wins Top Honour at NOGOF 2025 Awards
Renaissance Africa Energy Company Limited has been named the Nigerian Content International Upstream Operator of the Year at the 2025 Nigeria Oil and Gas Opportunity Fair (NOGOF), which was held …