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NCDMB completes, donates three ICT Centres in Akwa Ibom

Pursuant to deepening digital literacy in the country, the Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday commissioned three state-of-the-art Information and Communication Technology (ICT) Centres, with dedicated broadband Internet, in three rural secondary schools in Akwa Ibom State….

NCDMB, Stoilic Shipping team up on Cadets Training

The Nigerian Content Development and Monitoring Board (NCDMB) has held a kick-off ceremony marking the commencement of the Cadets Training Programme being organized with Stoilic Shipping Ltd, a renowned maritime training school. The event was conducted in Apapa, Lagos on…

Just in: Nigeria’s Crude Oil Output Falls in July 2023 by 13.6%

Cash crunch may continue to hold sway as the Organisation of Petroleum Exporting Countries (OPEC), in its monthly oil market report for August 2023, revealed that Nigeria’s oil output fell by 13.6 per cent to 1.08 million barrels per day…

Dangote drills youth in skills acquisition

… Merger of Dangote food subsidiaries will benefit stakeholders— Ravindra As part of its commitment to Corporate Social Responsibility (CSR), the Dangote Cement Plc, Obajana Plant, Kogi State, has commenced the training of youth in technical skills under the tutelage…

Expect resumption of refining at Port Harcourt Refinery before December—IPMAN

The Chairman of IPMAN in Rivers State, Dr Joseph Obele, has said the Port Harcourt refinery will likely beat the December deadline for the completion of its turnaround maintenance and will soon be refining fuel for local consumption. Obele said…

NCDMB targets 17 Coys from Technology Incubation Centre

Pursuant to its core mandate to catalyze research and development and support startups in the energy industry, the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Founder Institute (FI) is set to  launch new 17 portfolio companies that…

NNPCL’s Afrexim deal an upfront cash loan on crude oil proceeds, but…

The recent announcement by the Nigerian National Petroleum Company Limited (NNPCL) that it had secured a USD3.00 billion emergency crude repayment loan from the African Export-Import (AFREXIM) bank has continued to elicit reactions. According to the NNPCL, this loan agreement…

NCDMB Gives Direction For Sustainable Local Content Practice In Africa

Rising from the discovery and exploration of oil and gas resources across several countries in Africa, the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday proffered strategies that would enable those nations to institute sustainable Local Content practices, achieve…

Just in: Seplat gives update on Depthwize Majestic rig collapse in Delta State

Leading indigenous player in Nigeria’s upstream oil industry, Seplat Energy hereby provides an update to the previous announcement regarding the incident involving the Majestic rig. Contrary to some media reports, the Majestic rig is owned by Depthwize Nigeria Limited and…

47 Oil Blocks belong to others outside S’South that has only one block—Clark

Prominent South South and Niger Delta Leader, Edwin Clark has alleged that the Northerners, Easterners, and Westerners in Nigeria shared 47 oil blocs among themselves while the South-South only has one oil bloc. He said in an interview with Arise…