The Nigerian Content Development and Monitoring Board (NCDMB) has signaled plansto support new research and development projects as part of its Technology Innovationand Incubation Strategy and the enduring commitment to catalyze innovation in theNigerian oil and gas industry and linkage sectors.The new R&D projects will add to the 14 applied research projects NCDMB currentlysponsors at various stages of technological readiness, ...

The Nigerian Content Development and Monitoring Board (NCDMB) has highlighted the importance of engaging in research as a veritable tool to improve quality production and efficiency in the country’s oil and gas industry. The Board also noted that pivotal to any meaningful sustainable initiative is funding, and as such the $50 million Nigerian Content Research & development fund was created  ...

As part of synergy with private sector partners to deliver more gas across regions, the Nigeria National Petroleum Company Limited (NNPCL) in collaboration with a local downstream player is set to build a natural gas distribution facility with a capacity of 100 million cubic feet a day (MMcfd). The facility would be located Kogi State in Nigeria’s North Central region. ...

The Nigerian Content Development and Monitoring Board (NCDMB) has highlighted the importance of engaging in research as a veritable tool to improve quality production and efficiency in the country’s oil and gas industry. The Board also noted that pivotal to any meaningful sustainable initiative is funding, and as such the $50 million Nigerian Content Research & development fund was created  ...

……..by Ben Ndubuwa…… In a bold move to reduce Nigeria’s reliance on traditional fuel sources of Premium Motor Spirit (PMS) and diesel  and promote cleaner energy, a nationwide program aimed at converting vehicles to compressed natural gas (CNG) is gathering momentum. Over the next 24 years, it is expected that the initiative will convert at least 1 million vehicles across ...

President Bola Tinubu finally brought to an end the apprehension and anxiety that have enveloped his administration for the past few weeks, as he finally carried out the much-awaited cabinet reshuffle on Wednesday in which he relieved five ministers of their positions and nominated seven new ones for Senate confirmation. The President also re-assigned 10 ministers to new ministerial portfolios ...

Ed Ubong, Cordinator, Decade of Gas Initiative Coordinator, Decade of Gas Initiative, Ed Ubong has stressed the need to embrace a gas-driven economy, highlighting its benefits to the entire populace. According to him, it will create jobs for millions of Nigerians, boost the growth of small and medium sized enterprises (SMEs) and stabilise the economy. Ubong stated this while delivering ...

The beats went on for days unending The pizzas, the dancing and the megaphones The passion was thick as steaming pap And for the first time since June the twelfth  The Mainland and the Island too Shared air, held hands and met eyes Brother, where have you been  While I’ve lived my life to date. Sister, you come across as ...

Africa Capital Alliance’s (ACA) CAPE IV fund has divested 0.57% of its shareholding in Aradel Holdings, a sale valued at N19.8 billion. The transaction occurred over three days—October 14, 15, and 16—during which CAPE IV sold 24.717 million Aradel shares at an average price of N802.99 per share. Following this sale, ACA’s stake in Aradel dropped from 16.49% to 15.92%, ...

…Vows Consumers’ Protection Amid Concerns … says DisCos must bear the cost of replacing phased-out meters, without imposing extra charges on consumers. Through the Federal Competition and Consumer Protection Commission (FCCPC), the Federal Government has proactively responded to growing concerns about the impending phase-out of Unistar prepaid meters by Ikeja Electric Plc and other electricity distribution companies (DisCos). The move, ...