The Makurdi based outfit are six points behind leaders Plateau United after losing 2-1 to Kano Pillars at the Sani Abacha Stadium.
Nyima Nwangwa’s brace condemned them to their eighth defeat of the season, leaving Lobi’s hopes of emerging as champions hanging in the balance.
Ogbeide rued the defeat but said his team would continue fighting as long as finishing top was mathematically possible.
''No team is ever happy when his team loses, momentarily you are annoyed and after that life goes on,'' Ogbeide told Goal.
''My boys played to instructions, but there were factors beyond the technical crew’s control : the weather, ground and officiating; one of them happened.
''We are still very much in contention for the Nigeria Premier League title and a place in the continent.
''There are over 16 games left in the Nigeria topflight and the race for the championship is still very open.
''We’ve only played just three games in the second round, so everything is still very possible.''
The defeat takes Ogbeide’s men to the seventh position on the Nigeria topflight log with 33 points from 22 games. They host highflying MFM in their next encounter on June 11.