NCDMB, Zigma Ltd Train 50 Nigerian Youths in Crane Operation to Boost Indigenous Technical Capacity The Nigerian Content Development and Monitoring Board, NCDMB, in partnership with Zigma Limited, on Friday graduated 50 Nigerians from its Crane Operations Operator Level I and II Training Programme. The graduation ceremony marked the successful completion of a four-week…
Engineering Narrative is National Imperative Jointly Owned by Regulator, Operators, Investors, the Press- Eyesan Speaking during her keynote address at the SPE Nigeria Council Executive Masterclass on Energy Journalism, Commission Chief Executive (CCE), of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, acknowledged that the training was timely and compelling. Eyesan was represented…
SPE Organizes Executive Masterclass to Train Energy Journalists Addressing journalists at the Executive Masterclass on Energy Journalism, Chairman, SPE Nigeria Council, Engr. Francis Nwaochei, was delighted to host the programme in partnership with Sequest Upstream Company Ltd on the theme, “Engineering the Narrative: Why Technical Knowledge Matters in Energy Journalism.” Nwaochei was of the…
Sterling Financial Holds Firm, Opens Among NGX’s Top Five Gainers Investors kept faith with Sterling Financial Holdings Company Plc on Thursday, sending its shares up 7% and into the ranks of the Nigerian Exchange’s top gainers, days after the Group unveiled a stronger set of half-year results. The share-price gain was notable for the…
FG Commits to Providing Reliable Electricity Supply, Plans Investment in Grid Stabilization The Federal Government has reaffirmed its commitment to delivering reliable electricity supply to Nigerians, disclosing plans for fresh investment in stabilizing the national grid against recurring collapses and voltage fluctuations. Speaking on the initiative, the Honourable Minister of Power, Joseph Tegbe, said…
Aradel Posts N753 Billion Pre-Tax Profit as Oil Boom Drives Record Revenue Aradel Holdings Plc has released its unaudited H1 financial statement, reporting a pre-tax profit of N752.71 billion for the six months ended June 30, 2026. The performance represents an increase of 293% from N191.31 billion recorded in the corresponding period of 2025….
NCDMB, BOI Inaugurate Committee for $100m Nigerian Content Equity Fund, To Invest $5m in Oil Firms In a move to provide a new financing solution to the Nigerian oil and gas service sector, and accelerate local content growth, the Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) on…
NNPC Profit Jumps 15.8% to N535 billion in June, Highest in 10 Months The Nigerian National Petroleum Company Limited (NNPCL) recorded a profit after tax (PAT) of N535 billion in June 2026, representing a 15.8% increase from the N462 billion recorded in May. The figure is contained in the company’s monthly financial and operations…
No to Tariff Increase for now, as FG Restates Commitment to Improve Electricity Supply In its ongoing efforts to overcome the country’s power challenges, the Federal Government has affirmed its commitment to improving electricity for Nigerians, having put in place adequate measures to achieve positive results in line with its renewed hope agenda. This…
Shell bids farewell to Executive Vice President Nigeria and Country Chair Marno, as Elohor assumes role Shell Companies in Nigeria on Tuesday night hosted outgoing Executive Vice President Nigeria and Country Chair, Marno de Jong to a rousing sendforth as former Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni…