Banking Latest News Oil & Gas

NCDMB, BoI Ease Conditions For Accessing $200Mn NCIF

The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) have modified the conditions for accessing the US$200 million Nigerian Content Intervention Fund (NCI Fund) with a view to making it easily accessible to qualified oil and gas service companies. The decision was taken by the Board and the bank at […]

Latest News Oil & Gas

NCDMB Targets 300,000 Jobs Through 10-Year Devt Plan

The Nigerian Content Development and Monitoring Board (NCDMB) on Friday disclosed that it had commenced a 10-year development plan aimed at creating 300,000 jobs in the nation’s oil and gas industry. The Executive Secretary of the Board, Mr Simbi Wabote, who gave this hint during a capacity building workshop for Energy and Business Correspondents in […]

Latest News Oil & Gas

NCDMB Commits $10Mn To Modular Refinery Project

The Nigerian Content Development and Monitoring Board (NCDMB), has sealed a $10m equity investment pact with Waltersmith Refining & Petrochemical Company Limited for the construction of a 5,000 barrels per day (b/d) modular refinery to be located at Ibigwe, Imo State. The Executive Secretary of NCDMB, Engr. Simbi Wabote and the Director of Finance and […]