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Nigeria’s indigenous research, engineering and technological capabilities received a major boost on Thursday as the Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB) broke ground for the NLNG Research and Innovation Centre for Computer and Electrical Engineering (RICCEE) at the Rivers State University in Port Harcourt.

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Dr. Oritsemeyiwa Eyesan, says that the Commission is consulting widely with stakeholders in the industry on the idea for a domestic crude oil and gas swap to reduce cost and increased products availability.

Nigeria’s Federal Mortgage Bank of Nigeria (FMBN) has launched its National Housing Fund (NHF) Diaspora Mortgage Loan in London, opening a secure and institutional pathway for Nigerians living abroad to own homes and invest in Nigeria’s housing sector.