Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

CSR: NCDMB hands over renovated Science Lab in Bayelsa State

New infrastructure has landed at the Federal Science and Technical College, Tungbo, Bayelsa State courtesy of the Nigerian Content Development and Monitoring Board’s (NCDMB) large heart in deepening Corporate Social Responsibility (CSR) in its host state. The Agency, Tuesday commissioned…

FG begins oil drilling in Middle Benue Trough, silent on Anambra Platform

Tuesday, President Muhammadu Buhari declared that the discovery and drilling of oil in Nasarawa State will enhance overall energy security for the country. In his virtual message to the official spud-in of the Ebenyi-A Well located in the Middle Benue…

EthosEnergy seals long-term power generation deal with GPSC

EthosEnergy has secured a Long-Term Service Agreement (LTSA) for gas turbine maintenance, inspection, and repair services by Global Power Synergy Public Company Limited (GPSC) – one of the leading power generation companies in the Asia-Pacific region (APAC). The LTSA runs…

NCDMB Partners Women Engineers on STEM Education For Girls

The Nigerian Content Development and Monitoring Board (NCDMB) has partnered the Association of Professional Women Engineers of Nigeria (APWEN) towards promoting Science, Technology, Engineering and Mathematics (STEM) curricula in secondary schools across the country, with special targets for the girl…

NCDMB seeks Increased Women CEOs In Nigeria’s Oil Industry

No fewer than 30 women chief executives are undergoing a six-day Entrepreneurship Training Workshop sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) in Port Harcourt, Rivers State. The training, based on a course content developed by the United…

NGX hails Otedola, Geregu for power sector leadership

The Nigerian Exchange Limited (NGX) has commended the Chairman, Geregu Power Plc, Mr Femi Otedola, and the firm’s Board for instituting best practices in corporate governance and playing a leading role in the country’s power sector. This was at the…

Aramco enters China, picks 10% stake in Rongsheng Petrochemical

Saudi Arabian national oil and gas group, Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. (“Rongsheng”) for RMB 24.6 billion ($3.6 billion…

Architectural masterpiece of Draugen Oil Field in Norway

One of the world class architectural masterpieces in the oil and gas sector. The platform is the Draugen Oil Field in Norway.

NCDMB, FIRS Host Tax Awareness Workshop For Oil And Gas Industry

Oil and gas industry stakeholders will be converging at the Conference Hall of the Nigerian Content Tower, Swali, Yenagoa, on Tuesday this week, for a tax awareness workshop based on provisions of Nigeria’s Finance Act 2021 and other extant tax…

TotalEnergies’ on course on its multi-energy strategy, emission reduction plans

In marking the publication of its Sustainability & Climate –2023 Progress Report, TotalEnergies presents the progress of its transformation strategy and the update of its climate ambition in accordance with the commitment made by the Board of Directors at the…