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ONDI: Refining Local Content for Powering Nigeria’s Innovation Revolution, by Inyene Ibanga

ONDI: Refining Local Content for Powering Nigeria’s Innovation Revolution, by Inyene Ibanga   Technology and innovation are the engine room of economic progress for consumers, businesses, and the economy as a whole. This combination stimulates economic growth by allowing higher productivity which leads to increased improvement...

We’ll Strengthen Local Content With Development Fund – NCDMB

We'll Strengthen Local Content With Development Fund - NCDMB The Nigerian Content Development and Monitoring Board (NCDMB) has said it will soon unveil a programme aimed at supporting no fewer than 100 indigenous companies in the oil and gas industry with funding from the Nigerian...

Local content: 235 Vessels Built in Nigeria

The 2016 3rd quarter Vessel Categorisation Report indicated that about 235 vessels operating in the oil and gas industry were built in the country. The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, told NAN in Lagos that the development was...

Nigeria’s Imports Drop on Renewed Drive to Encourage Local Production

...IMF: Additional exchange rate depreciation could further worsen already high NPLs ...Rising exports slash trade deficit balance to N104bn The import substitution policies being driven by the Central Bank of Nigeria (CBN) and the federal government appear to be yielding results, as a country assessment report...

Automotive Council Targets 40% Local Content

The National Automotive Design and Development Council (NADDC) says it is targeting 40 per cent local content development in the automotive sector within the next five years. The Director General of the council, Mr Aminu Jalal, disclosed this in an chat with newsmen in Abuja. Jalal...