PEBEC 2025 Report: Top and Bottom Performing MDAs Revealed
PEBEC's 2025 BFA report reveals a sharp divide: NCDMB, NDLEA, and NCC excel, while ARCON and NIMC lag. Discover which agencies are driving—or hindering—Nigeria's business climate.
Category : Search result: NCDMB
Lagos Named Nigeria's Most Business-Friendly State
Lagos State leads Nigeria's 2025 Subnational Ease of Doing Business ranking with an 85.6% score. Discover the top states and federal MDAs driving reform.
Imemba: Nigeria Must Focus on Net Value, Not Just Local Content %
TotalEnergies Nigeria's Obi Imemba calls for a strategic pivot in implementing Nigeria's local content law, advocating for maximizing net value retention over rigid percentage targets. Read his full proposal.
NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Witness: Sylva Gave Verbal Order for $13.45m NCDMB Payment
An EFCC witness reveals ex-Minister Timipre Sylva's verbal instruction led to a $13.45m payment in a $35m NCDMB fraud case. The Brass refinery project remains abandoned. Read the full details.
NCDMB, BOI unveil $100m fund, local content hits 61%
NCDMB and BOI launch a $100m Equity Investment Scheme to boost indigenous oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
50 Youths Equipped with Advanced Safety Skills by NCDMB
NCDMB and Bellazir Limited have empowered 50 Nigerian youths with industry-ready skills in fire alarm, gas detection, and access control technologies to boost industrial safety and create jobs.
Tamrose repays $10m loan, expands fleet to 15 vessels
Tamrose Limited repays a $10 million NCI Fund loan, expanding its fleet from 4 to 15 vessels and creating hundreds of jobs, setting a new benchmark for Nigerian oil and gas service companies.
16-year-old OAU student wins NCDMB essay competition
Akande Oyinkansola Josephine, a 16-year-old OAU medical student, has won the 2025 NCDMB National Undergraduate Essay Competition and received a one million naira prize. Read her inspiring story.
Ex-Gov Sylva on FBI Watchlist Over $14.8M Scandal
Former Petroleum Minister Timipre Sylva declared wanted by EFCC for alleged $14.8M conversion, placed on FBI and Interpol watchlists. Political persecution claims emerge.
Sylva: EFCC Declaration is Political Onslaught
Former Bayelsa governor Timipre Sylva breaks silence after EFCC declared him wanted over alleged $14.8 million fraud, calling it politically motivated. He promises to honor invitation after medical check-up.
EFCC declares Timipre Sylva wanted over $14.8M fraud
Former Petroleum Minister Timipre Sylva declared wanted by EFCC for alleged $14.8M fraud. Court issues arrest warrant. Contact authorities with information.
EFCC Declares Ex-Governor Timipre Sylva Wanted
Former Bayelsa governor Timipre Sylva declared wanted by EFCC over alleged $14.8 million fraud linked to NCDMB refinery funds. Nigerians react as court warrant issued.
EFCC Declares Ex-Governor Timipre Sylva Wanted
The EFCC has declared former Bayelsa governor Timipre Sylva wanted for alleged conspiracy and dishonest conversion of $14.8 million. Contact authorities with information.
Local Content Key to Africa's Energy Future
Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.
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