NCDMB, an inspiring Nigerian story, by Ken UgbechieÂ
The Nigerian Content Development and Monitoring Board (NCDMB) may not be as popular as some agencies and parastatals like INEC, FIRS or even the NNPC Limited, but it is the…
Nigeria’s Upstream oil regulator ‘optimistic’ on Exxon asset sale to Seplat
October 11, 2023 The head of Nigeria’s upstream oil regulatory body says he is “very optimistic” that oil major Exxon Mobil’s asset sale to Seplat Energy can move forward, he…
Akpabio, Police, others, give critical endorsement to GOCOP at 7th AGM
The Guild of Corporate Online Publishers (GOCOP) has received critical endorsement of stakeholders in the public, private and media communities at its seventh annual general meeting currently holding in Abuja….
Exposed! How indigenous oil operators violate Nigerian Content Act through tax
The Nigerian Content Development and Monitoring Board (NCDMB) has raised the alarm, saying indigenous oil operators have turned out to be serial violators of the Content Act by under-remitting taxes…
Court Vacates Interim Ex-Parte Orders Against Seplat CEO
A Federal High Court sitting in Lagos and presided over by Justice Chukwujekwu Aneke on Thursday set aside its earlier interim ex-parte orders restraining Seplat Energy Plc Chief Executive Officer;…
Nigeria’s Seplat in talks to buy Exxon’s local shallow-water oilfields
Nov 29, 2021 Nigeria’s Seplat Energy along with a partner is in talks to buy ExxonMobil’s shallow-water oilfields in the African nation, the company said on Monday, cautioning there was…
Renewable energy: FG eager to follow up its national energy system, policy, reiterates commitment to electrifying 5m homes
Oct. 8, 2021 The Federal Government says it has commissioned several sites in the six geopolitical zones of the country toward actualising its promise of electrifying five millions homes with…
 Nigeria rejects single pathway to energy transition, says Energy transition major concern for African, developed nations
Oct. 8, 2021 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says Nigeria will not support any concept that promotes a single pathway to energy transition. Sylva said…
Stock market capitalisation gains N26bn in 24 hours
The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark. Specifically, the market capitalisation closed higher at N13.005 trillion compared…
Eland Shareholders approve £382m takeover by Seplat
Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc. At two…