Nigeria’s Energy Sector Receives a Boost with Inauguration of Nedogas’ Kwale Gas Gathering Facilities. Nigeria’s energy sector has achieved a significant milestone with the inauguration of the Kwale Gas Gathering (KGG) Facility and the upgraded Nedogas Processing Plant (NGPP) in Delta State. Hon. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), officially commissioned these…
Nigeria’s Trade Surplus Hits N6.5tr Nigeria’s economy is showing strong signs of recovery, as evidenced by a significant trade surplus of N6.5 trillion reported for the first quarter of 2024. According to the latest economic report from the National Bureau of Statistics (NBS), Nigeria’s foreign trades increased by 145.6% to N31.8 trillion in Q1 2024,…
Climate resilience: Towards making African nations disaster-free By Oke Peter There is no gainsaying the fact that African nations are lagging in the fight against climate change as the menace presents a stark reality and threat to the human race — nowhere is safe on the earth’s planet. The world is now warming faster than…
Western Digital Introduces New Ai Data Cycle Storage Framework To Help Customers Capture The Value Of Ai Company Aligns Growing Portfolio of Enterprise-Class SSDs and HDDs to Support Key Workloads Within the AI Data Cycle Fueling the next wave of AI innovation, Western Digital (NASDAQ: WDC) today introduced a six-stage AI Data Cycle framework that defines…
Minister Hails NCDMB, Nedogas Strategic Partnership, lists benefits of Gas Gathering Facility The Honorable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic feet (MMscf) Kwale Gas Gathering…
NCDMB Plans Changes to Enhance Nigerian Content Fund The Nigerian Content Development and Monitoring Board (NCDMB) plans to introduce some changes that will enhance the Nigerian Content Intervention (NCI) Fund and increase the fund’s impact and efficiency. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omotsola Ogbe hinted at…
Ethanol as a Biofuel: Insights from the MEMAN Competency Centre Series Workshop The recent MEMAN Competency Centre Series Workshop on “Ethanol as a Biofuel,” presented by Agwu Ojowu, Senior Consultant at Africa Practice, showcased the significant potential and advantages of ethanol as a renewable energy source for Nigeria. The workshop emphasized ethanol’s role in meeting…
Chevron Nigeria Limited’s Commitment to Sustainability and Restoration Since 1973, June 5 every year has been celebrated as World Environment Day (“WED”); a day set aside to raise awareness and promote actions to address environmental issues including marine pollution, overpopulation, global warming, sustainable development, wildlife crime, among others. The focus for this year is on…
NETCO Posts 137% Increase in Operating Profit for 2023 The Nigerian National Petroleum Company Limited (NNPC Ltd) subsidiary, NETCO, has reported a significant financial turnaround for the year 2023, showcasing a 137% increase in operating profits. This remarkable performance was shared by Mr. Adedapo Segun, the Chairman of NETCO’s Board of Directors and Executive Vice…
NCDMB Shares Local Content Experiences with Uganda Energy Officials Key officials of the Uganda National Oil Company (UNOC) on Monday began a working visit to the Nigerian Content Development and Monitoring Board (NCDMB), stating that they were here to learn and that their country stands to gain substantially from Nigeria’s experience in local content development….