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NCDMB Launches ‘Champions of Nigerian Content Awards’
Felix Omatsola Ogbe
By Saidu AbubakarThe Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, is pleased to announce the launch of the 'Champions of Nigerian…
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Nigeria’s $1.1bn loan request may receive approval soon – World Bank
The World Bank is set to approve a $1.13bn loan package for Nigeria before the end of March 2025, aimed at supporting the country’s economic stability, health security, and educational reforms.
According to details on the World…
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Renaissance Africa Energy Holdings Completes Acquisition of Shell’s Nigerian Asset
Renaissance Africa Energy Holdings has acquired Shell Petroleum Development Company of Nigeria's asset for $2.4 billion. This acquisition solidifies Renaissance's position as a major player in Nigeria's oil and gas sector
The…
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Niger Republic Begs Nigeria For Petrol Despite Tense Relations
Niger Republic has turned to Nigeria for help after being hit by fuel shortage which has led to an increase in the price of fuel in the country.
The West African country reached out to Nigeria despite months of diplomatic tensions…
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Transporters Refuse to Slash Fares Despite Fuel Price Cuts
Despite recent reductions in petrol prices by Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC), road transport operators across Nigeria have ruled out lowering transport fares. The transporters argue that the…
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Dangote Refinery reduces fuel price again
Dangote Refinery has again, reduced the cost of fuel. This latest price drop comes after fuel landing cost dropped to N774.82 per litre, below Dangote Refinery’s N825 ex-depot prices.
However, unlike in the price drop on February…
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NCDMB Acquires 20% Equity in 100kbpd Refinery Project
3rd from left: Managing Director, African Refinery Port Harcourt Limited, Mr. Tosin Adebajo; Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe; Director Legal Services, NCDMB, Mr. Naboth Onyesoh, Esq; Director Finance and Personnel…
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NCDMB Hails Heritage Energy, Pledges Support for OML 30 Projects
L-R: Obisike Ubendu AGM Technical Shoreline Natural Resources Ltd (SNRL); Tunde Nwofor, CFO SNRL; Ado Oseragbaje, CEO Heritage Energy Operational Services Ltd (HEOSL) ; Felix Ogbe, Executive Secretary, Nigerian Content Development &…
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NNPC clarifies reports on end of Naira-for-crude initiative for domestic refineries
The Nigeria National Petroleum Company Limited (NNPC) has clarified the end of the Naira-for-Crude arrangement with local refineries, disclosing that it supplied the Dangote refinery with 84 million barrels of crude oil since it began…
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Transparency is the Key to Restoring Trust in Nigeria’s Oil and Gas Sector – Kingsley
The Nigerian oil and gas sector stands as one of the most significant contributors to the nation’s economy, yet it is mired in challenges surrounding transparency, accountability, and governance. For decades, the industry has been…
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