Economy

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle...

Former Nigerian President, H.E. Dr. Goodluck Jonathan (GCFR), Bayelsa State Governor, H.E. Sen. Douye Diri and Rivers State Governor, H.E. Sir. Siminalayi Fubara are set to grace the Pre-Summit Conference of the 1st Pan-Ijaw Economic Summit...

By John Ikani Oil prices continued to rise on Monday, with Brent crude nearing $80 per barrel, building on the previous week's significant surge—its biggest increase since early 2023. Concerns about a broader conflict in the...

By John Ikani The Nigeria Content Development and Monitoring Board (NCDMB) and the Industrial Training Fund (ITF) on Friday launched the third phase of their Vocational Skills Programme at the Raw Materials and Research Development Centre...

By John Ikani The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards developing and deepening local content regulations in Ghana’s upstream petroleum...

By Lucy Adautin The Nigerian government has announced the use of naira for crude oil transactions, following earlier instructions from President Bola Tinubu. This information was disclosed by Wale Edun, the Minister of Finance and Coordinating...