Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

NCDMB Warns Against Tampering the Petroleum Industry Act

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stall…

NCDMB’s Maintains Lead, Retains Top Position in Efficiency, Transparency

The Nigerian Content Development and Monitoring Board (NCDMB) has continued its streak of excellence in the delivery of its mandate as it has retained its position as the best Federal Agency in transparency and efficiency in business. In the 2023…

Energy

GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Others

The Guild of Corporate Online Publishers (GOCOP) has congratulated  Mr. Olufemi Oladapo Soneye over his appointment as Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL). The association also congratulates its pioneer president, Dr. Malachy Agbo,…

AVEVA Achieves AWS Energy Competency Status

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced that it has achieved Amazon Web Services (AWS) Energy Competency status. The distinction recognizes AVEVA’s expertise in helping customers leverage AWS’ cloud technology to transform complex industrial…

(Special Report) A Day to Remember at NCDMB

It was Tuesday, October 10, and the Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, was at the corporate headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, for a one-day visit and tour…

Chevron Hierarchy meets Tinubu in New York, assures partnership

On the sidelines of the United Nations General Assembly meeting in New York, a Chevron team led by Clay Neff, President, Chevron International Exploration and Production and Rick Kennedy, Chairman/Managing Director, Chevron Nigeria Mid-Africa Business Unit, met with President Bola…

Affordable, Reliable Energy Key To Creating Jobs in Africa—Seplat CEO

Easy to buy and reliable energy provides the right platform for businesses in Africa to create and retain jobs for its fast-growing population and further make the Continent sustainable. Access to energy and energy security remains critical for the Continent,…

Oil Assets Divestments To Drive Production, Employment – Wabote

The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment of some assets by select international oil and gas companies and concomitant acquisition by Nigerian operating…

Nigerian Content Key To Renewed Hope Agenda – Petroleum Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of the key levers for actualizing the Renewed Hope Agenda…

AVEVA, Kent Seal Pact to Grow Innovation, Sustainability in Global Energy Sector

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has signed two contracts with Kent, the leading engineering company in oil and gas and low-carbon energy. As part of a system integrator agreement, Kent will be enabled…