September 6, 2026
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Author name: Alison Godswill

NCDMB, BOI launch $100m equity fund, offer up to $5m per indigenous oil firm

NCDMB, BOI launch $100m equity fund, offer up to $5m per indigenous oil firm

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NCDMB, BOI launch $100m equity fund, offer up to $5m per indigenous oil firm   In a move aimed at providing a new financing solution for Nigeria’s oil and gas service sector and accelerating local content development, the Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) on Friday inaugurated the […]

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Editorial: NCDMB's $100m Equity Fund Can Transform Indigenous Oil Firms—If Transparency Prevails

Editorial: NCDMB’s $100m Equity Fund Can Transform Indigenous Oil Firms—If Transparency Prevails

Leave a Comment / Local content /

Editorial: NCDMB’s $100m Equity Fund Can Transform Indigenous Oil Firms—If Transparency Prevails   The decision by the Nigerian Content Development and Monitoring Board (NCDMB), in partnership with the Bank of Industry (BOI), to establish a $100 million Nigerian Content Equity Fund (NCEF) marks a significant shift in the financing architecture of Nigeria’s oil and gas

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Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability

Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability

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Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability   Algeria has emerged as Africa’s sole participant in a fresh OPEC+ production adjustment after seven members of the alliance agreed to raise their combined crude oil output by 188,000 barrels per day (bpd) from September 2026 in a move

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Dangote Refinery: Domestic Crude Must Be Available and Commercially Viable

Competition intensifies as Dangote Refinery, others align petrol Depot price at N1,216/Litre

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Competition intensifies as Dangote Refinery, others align petrol Depot price at N1,216/Litre   Intense competition in Nigeria’s downstream petroleum market has forced major oil marketing firms to align their ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, at ₦1,216 per litre, signaling a fresh phase of price competition driven by abundant supply

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Afreximbank launches $50,000 create-thon to unlock Africa's creative economy

Afreximbank launches $50,000 create-thon to unlock Africa’s creative economy

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Afreximbank launches $50,000 create-thon to unlock Africa’s creative economy   The African Export-Import Bank (Afreximbank), in partnership with pan-African technology company Gebeya, has launched the CANEX Create-thon 2026, a continent-wide initiative aimed at accelerating Africa’s creative economy by equipping artists, filmmakers, musicians and game developers with funding, digital tools and technical support. The initiative, unveiled

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155 Days Since USA-Iran War Began: African Oil Producers Face Revenue Pressure as Crude Prices Slump Since U.S.-Iran War

COUNTDOWN: 142 Days Since USA-Iran War Began — Falling Oil Prices Signal Easing Global Economic Fears

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COUNTDOWN: 142 Days Since USA-Iran War Began — Falling Oil Prices Signal Easing Global Economic Fears By Team Countdown Global oil markets extended their downward trend on Tuesday, signaling that fears of prolonged supply disruptions from the U.S.-Iran conflict may be easing, a development that could provide relief for the global economy after months of

COUNTDOWN: 142 Days Since USA-Iran War Began — Falling Oil Prices Signal Easing Global Economic Fears Read More »

Perenco to Highlight Africa-Wide Oil, Gas Expansion at AEW 2026

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Perenco to Highlight Africa-Wide Oil, Gas Expansion at AEW 2026 Independent energy company Perenco will showcase its expanding investments across Africa’s upstream oil and gas sector at the African Energy Week (AEW) 2026, underscoring the growing role of indigenous and independent operators in strengthening the continent’s energy security and industrial development. Perenco has confirmed its

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Education, Not Charity: Why Corporate Nigeria Must Invest Across the Full Value Chain

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Education, Not Charity: Why Corporate Nigeria Must Invest Across the Full Value Chain   Nigeria’s most damaging infrastructure deficit may not be roads, power or ports, but a weak education system that is producing too few work-ready citizens for an economy seeking to industrialise, digitalise and compete globally. With about 10.5 million primary-school-age children out

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159 Days Since USA War: Africa Caught Between Higher Oil Revenues and Rising Energy Costs

COUNTDOWN: 141 Days Since the USA-Iran War Began

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COUNTDOWN: 141 Days Since the USA-Iran War Began – Oil Market Cools as U.S.-Iran War Enters New Phase, Crude Prices Retreat By Team Countdown Global oil prices declined sharply on Monday as the oil market continued to adjust to the evolving U.S.-Iran conflict, with fears of immediate supply disruptions easing despite the prolonged geopolitical tensions

COUNTDOWN: 141 Days Since the USA-Iran War Began Read More »

From classroom to communities: How “Path to follow” is rebuilding morals and character for national transformation

From classroom to communities: How “Path to follow” is rebuilding morals and character for national transformation

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From classroom to communities: How “Path to follow” is rebuilding morals and character for national transformation By Bonny Alaneme Nigeria’s greatest asset is its people. But technical knowledge without character and civic responsibility cannot deliver sustainable development. The Path to Follow – Basic Morals and Civic Knowledge Project is a national intervention designed to deliberately

From classroom to communities: How “Path to follow” is rebuilding morals and character for national transformation Read More »

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