Team Integrity Tops Medals Table at 14th NNPC Sports Fiesta …As Ojulari Charges Staff to Make Company Proud at Oil Industry Games The 14th NNPC Ltd. Sports Fiesta ended in grand style on Saturday at the Moshood Abiola National Stadium, Abuja, with Team Integrity finishing at the top of the medals table and emerging the…
NCDMB Launches $100m Equity Investment Scheme as Nigerian Content Hits 61% in 2025 The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a landmark $100 million Equity Investment Scheme, alongside several new initiatives aimed at strengthening indigenous participation in Nigeria’s oil and gas industry. The announcement was made by the Executive Secretary of the…
Nigeria First Lady @ Merck Foundation: First Ladies Initiative (MFFLI) Committee Meeting 2025, Gambia Dr. Rasha Kelej discusses with Nigeria First Lady their joint programs to build healthcare and media capacity and Support Girl Education at 12th Merck Foundation Africa Asia Luminary 2025 Together with Nigeria First Lady, Merck Foundation has provided 82 scholarships for…
FG Pledges Stronger Gas Sector Growth Through Investment, Local Content Expansion Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has reiterated the Federal Government’s commitment to strengthening Nigeria’s gas sector through strategic investments, expanded local content, and increased energy production. Speaking in Yenagoa, Bayelsa State, at the Nigerian Content Development and Monitoring…
Nigeria Leads Africa in Upstream Investment, Secures Three of Four Major FIDs in 2024 Nigeria emerged as a leading destination for upstream investment in Africa, securing three out of four major Final Investment Decisions (FIDs) on the continent in 2024, Olu Arowolo Verheijen, Special Adviser to the President on Energy, has revealed. Speaking at the…
AltBank Establishes Presence in Effurun, Ignites New Wave of Non-Interest Banking in Delta State The Alternative Bank (AltBank), a Nigerian non-interest bank, has opened its flagship branch in Effurun, Delta State, a bold move in its mission to reshape banking in Nigeria. Strategically positioned to serve the wider Edo/Delta region, the branch is designed as…
Nigeria Charts Bold Investment, Gas Expansion at PNC 2025 Forum Nigeria’s energy sector is set for a decisive leap forward as government and industry stakeholders convened at the 14th Practical Nigerian Content, PNC, Forum 2025, focusing on securing investments, strengthening local content, and scaling energy production. The forum spotlighted breakthroughs in upstream oil, midstream and…
TotalEnergies Clarifies Financing Shift for Mozambique LNG Project TotalEnergies has moved to clarify the financing structure behind the long-delayed Mozambique LNG development after the UK and Dutch governments disclosed that their export credit agencies would no longer participate in the project’s debt package. The company said the consortium has unanimously agreed to inject additional equity…
U.S. Natural Gas Surges to 3-Year High as Deep Freeze Hits December U.S. natural gas futures spiked to their highest levels in nearly three years as models now show a frigid first half of December across the Lower 48. Several forecasters are also warning of a potential polar-vortex-driven Arctic blast event later this month, which…
NCDMB Emerges Best Agency in Ease Of Doing Business for the 4th Year The Nigerian Content Development and Monitoring Board (NCDMB) has won the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency Champion Award for the fourth consecutive year. The Board topped the Ease of Doing Business rankings in 2022, 2023, 2024, and 2025….