Commerce & Industry

Nigerian Content Level Hits 56% as Ministers, Stakeholders Hail NCDMB on Developmental Initiatives … NCDMB, BoI Sign Agreement on N15bn Community Contractor Fund The Nigerian Content performance level in the oil and gas industry has hit 56 percent in 2024, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe announced on Tuesday. He spoke at …

Port Harcourt Refinery Yet To Commence Bulk Sales – NNPC By Shalom Oludele   The Port Harcourt Refining Company, PHRC, is yet to commence bulk sales neither has it  opened its purchase portal, because essential processes are still being finalised. The Nigerian National Petroleum Company (NNPC) Limited has said an official announcements will be made if and when price reviews …

Aviation Sector: NSIB DG Seeks Reps’ Partnership to Address Poor Funding, Other Challenges.   …As Reps C’ttee Reiterates Commitments to make Nigeria Air Space safe for all   …Invites contractor to appear before committee over slow pace of building project at NSIB training centre     By Saheed Badmus       Director-general/chief executive officer of the Nigerian Safety Investigation …

Senate Passes Landmark Bill to Reform Nigeria’s Capital Market   In a historic move, the Nigerian Senate approved the second reading of the Investments and Securities Bill 2024 on Tuesday, marking a significant step towards overhauling the country’s capital market regulations.   Led by Senate Leader Senator Opeyemi Bamidele and Senator Osita Izunaso, the bill aims to modernize and streamline …

Ike-Muoso Expresses RMRDC’s Determination to Make Nigeria a Producing Nation. The Director General/CEO of the Raw Material Research and Development Council (RMRDC), Prof. Nnanyelugo Ike-Muoso, has expressed his determination to refocus the council to making Nigeria a producing nation. On Tuesday during a press conference in Abuja to mark his 100 days in office, Ike-Muoso said he is going to …

  HOPE FOR NATIONAL GROWTH THROUGH DANGOTE GROUP. I have taken time to develop this narrative hoping it would assuage readers to understand events that have led to some online narratives (cheche ku cheche) on Dangote refinery. I cast a long view trying to tie some decisions to the future of oil and gas in Nigeria. Please forgive my over …

OONI UNVEILS A NEW SOFT DRINKS IN LAGOS, SAYS NIGERIA CAN LEAD AFRICA TO CONTEST IN THE GLOBAL MARKET The Arole Oduduwa & Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II on Tuesday reaffirmed that the capability of Nigeria to lead the continent of Africa to compete healthily in the global market with standard goods particularly when it …

  Nigeria Institute of Surveyors, Ondo State, on Thursday, March 21, 2024, joined the rest of the world to celebrate the “World Surveyors’ Day”. To commemorate the occasion, a senior member of the institute, the Chairman/CEO of Geospatial Data and Associates Limited, Surveyor A.O. Yusuf FNIS, delivered a lecture titled: “Surveying and Globalization”. In his lecture, Yusuf called on surveyors …

The Minister of Interior, Dr. Olubunmi Tunji-Ojo has advocated for the country to focus on the non- oil sector for economic growth, stating that the lottery sector is a non-oil sector investment that is yet to be fully tapped into in Nigeria taking cognizance of the growing population. The Minister said this while hosting the management team of the Nigeria …

World Surveyors’ Day: Surveyor Yusuf lists ways to navigate globalisation challenges Surveyors have been admonished to embrace digital technologies such as Geographic Information Systems (GIS), Remote Sensing, and Global Navigation Satellite Systems (GNSS) to navigate the challenges posed by globalization. The above-listed tools would enable surveyors collect, analyze, and visualize spatial data more effectively, regardless of geographical boundaries and would …