News & Insights

NCDMB Unveils Platform to Boost Local Technologies in Oil Industry


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NLNG to Begin Domestic Supply of LNG

After decades of exporting liquefied natural gas from the country, the Nigeria LNG Limited has said it is engaging market players to begin the domestic supply of the commodity. The NLNG, which is jointly owned by the Federal Government and three international oil companies, was established in 1989 to harness […]

FG Commissions $1bn Nigeria-make Vehicles

The Ministry of Industry, Trade and Investment in collaboration with the National Automotive Design and Development Council (NADDC) has commissioned $1 billion worth of locally-assembled vehicles. The vehicles are locally produced by 17 companies including Coscharis, Nissan, Innoson, Ford and Elizade motors among others, that are pioneering made-in-Nigeria vehicles The […]

InfraCredit, USAID Sign Declaration of Partnership, Co-Guarantee N13Billion Bond to Boost Power

The United States government through its Agency for International Development (USAID) and Infrastructure Credit Guarantee Company Limited (InfraCredit) recently signed a Declaration of Partnership for the first-ever bond co-guarantee under a risk-sharing arrangement, to provide increased access to electricity to consumers in Port Harcourt, Rivers State. The N13 billion ($36.1 […]