Wednesday, 5th October 2022
Breaking News:


16 Nov 2016
The Chief Executive Officer (CEO) of the Nigerian Electricity Regulatory Commission, Anthony Akah, and Ag, National Coordinator for the Office of Nigerian Content Information and Communication Technology...
9 Nov 2016
Review of tenders and other approvals by the Nigerian Content Development and Monitoring Board (NCDMB) will now be executed on strict timelines as part of new measures ...
9 Nov 2016
Stakeholders in the Nigeria gas sector have emphasised the need for the Federal Government to desist from Joint Venture (JV) funding, which gulped over $3.09 billion in the last one year.
8 Nov 2016
The Nigerian Content Development and Monitoring Board (NCDMB) would focus on creation of jobs and upscale the capacity and skills of Nigerians in the oil and gas industry, the new Executive Secretary, Simbi Wabote has said.
29 Sep 2016
The Federal Government has barred indiscriminate training programmes for local manpower for the oil and gas sector of the economy.
26 Aug 2016
Until the Federal Government passes the Petroleum Industry Bill (PIB), regulatory uncertainty will continue to hinder the development of the Nigeria’s oil and gas sector, according to a Price Waterhouse ...
27 Jul 2016
The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed concerns about the flagrant disregard for the cabotage and environmental laws by some International Oil Companies ...
25 Jul 2016
More than $20 billion local investments in the oil and gas sector are under threat as a result of low oil prices.Following the situation, the relevant House of Representatives committee is planning to extend the implementation...
13 Jul 2016
Succour is around the corner for indigenous ship owners in the country, as the industry regulators expressed commitments to enforce the provision of a special consideration for Nigerian vessels in the contracts for crude oil lifting.
15 Jun 2016
With positive assessment of its implementation in Nigeria, Uganda may adopt the country’s oil sector local content policy, as the East African nation prepares to leverage on petroleum industry to rejig its economy.
25 May 2016
The Petroleum Technology Association of Nigeria (PATAN) has emphasized the need to create good image for Nigeria through institutional transparency, well articulated policy consistency...


7 mins ago
After years of loss-making operations, Nigerian National Petroleum Company Limited (NNPC), yesterday, said it made profit after tax of N674 billion in 2021.
12 mins ago
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) rose from a marathon meeting Tuesday night and resolved to investigate media reports on the allegation of bribery to its members.
21 mins ago
African governments must swiftly restore macroeconomic stability to stabilise their economies, the World Bank has advised. The Bank noted that the global headwinds are slowing growth as countries continue to contend with rising inflation, which is undermining the progress made on poverty reduction in recent years. It added that the risk of stagflation comes at…
39 mins ago
Yesterday’s meeting between the Board of Trustees (BoT) of Peoples Democratic Party (PDP) and Rivers State governor, Nyesom Wike, at Government House, Port Harcourt, ended in a deadlock.
50 mins ago
Ogun State Governor, Prince Dapo Abiodun, yesterday, hosted world, Commonwealth and African Games 100 metres hurdles champion, Oluwatobi Amusan, and named her as Ogun State Sport Ambassador.