Saturday, April 18, 2026
27.6 C
Lagos

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

BOOK REVIEW: Personal Cost Control Strategies

  Author: Festus Abiodun Adebisi Publisher: Maximax Inc. Reviewer: Goke Ilesanmi Many people...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

39 Graduates Begin Chevron-Intels NC-HCD Programme to Boost Maritime Sector

Capacity building for Nigeria’s maritime sector received a boost in Port Harcourt, Rivers State, as 39 young graduates underwent preliminary processes for cadetship under a Nigerian Content-Human Capacity Development (NC-HCD) programme of Chevron Nigeria Limited and Intels Nigeria Limited.

The NC-HCD initiative, patterned after the 60:20:20 Strategic Training Model of the Nigerian Content Development and Monitoring Board (NCDMB), provides for sea time experience and Certificate of Competence (CoC) training, practical exposure, and real-time experience across multiple technical domains within the facilities of the of Lagos-based Stoilic Shipping Limited, a leading member of the International Maritime Professionals Association (IMPA).

Conceived in fulfilment of a policy thrust of the NCDMB to grow indigenous capacity and participation in linkage sectors of the Nigerian economy and enhance employment and government revenues, the NC-HCD programme under the 60:20:20 model envisages job placement for 60 per cent of trainees after successful completion of the 18-month training.

Speaking at the kick-off ceremony of the programme, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, described human capital development (HCD) as “a non-negotiable pillar of the oil and gas industry’s development road map,” emphasising that stakeholders could build a sector not just fueled by hydrocarbons but powered by indigenous talent.

According to the NCDMB boss, “When we embed HCD into the core of our strategic planning, local content ceases to be an aspiration – it becomes our reality.”

He emphasised that the event, being the commencement of an 18-month Cadetship Training Programme to be handled by Lagos-based Stoilic Group, was more than a routine milestone but “a declaration of our collective commitment to nurturing world-class Nigerian professionals” who will shape the future of Nigeria’s oil and gas industry, particularly, the maritime sector.

Engr. Ogbe said the NCDMB has remained steadfast in its conviction that HCD is a critical investment in the sustainability, competitiveness, and domiciliation of in-country value addition activities of the country’s oil and gas value chain, pointing out that the 39 cadets would gain sea time experience and Certificate of Competence (CoC) training, practical exposure and real-time experience across various technical domains.

The NCDMB boss, who was represented by the General Manager, Human Capacity Development, Barr. Esueme Dan Kikile, commended Chevron Nigeria Limited for its unwavering partnership, noting that the international oil company (IOC) has not only consistently complied with Nigerian Content requirements but shown leadership in embracing the spirit of national capacity building.

He equally acknowledged the critical role of the Oil and Gas Trainers Association of Nigeria (OGTAN) as a major body for human capacity development in the industry, noting that the Association “has been instrumental in aligning training content, delivery standards, and capacity development frameworks with the actual needs of the industry.”

He also noted that OGTAN has helped to bridge the gap between training and employability, ensuring that trainees do not just learn but are ready to contribute meaningfully to the economic advancement of the country.

Engr. Ogbe also commended training providers and mentors, urging them to give their best, challenge and inspire trainees, and inculcate in them values, discipline and work ethics that would make them stand out in any environment.

In his own remarks, the Capacity Building Advisor of Chevron, Mr. Victor Inyere told the cadets that they have earned their place in the HCD programme through hard work and dedication, and that the opportunity ahead is for them to acquire skills that would shape their careers and position them to contribute to national development.

He commended the NCDMB for its remarkable role in regulation and facilitation of capacity building, assuring the Board that Chevron would “remain committed to advancing Nigerian Content.”

Stoilic Nigeria Limited, represented by its General Manager, Administration, Mrs. Chimamanda Okafor, said its mission is to transform Nigeria’s maritime sector through innovative solutions, professional growth and strict adherence to safety and environmental standards.

Mrs. Okafor disclosed that the company’s cadets achieved 100 per cent pass rate in the Certificate of Competency assessments, and that the company would “place cadets on vessels and open doors for them internationally.”

Looking ahead, she declared, “Stoilic is working on a project to…establish a world-recognised maritime university in Nigeria,” an institution that would “carry strong international partnerships and stand as a marvel in maritime education.”

She said the present batch of trainees has sea time cadets and CoC cadets. Sea time cadets are “graduates who need practical onboard experience before moving on to the next stage of their maritime career,” while CoC are those who had completed that phase of training.

On the NCDMB team at the event were Barr. Esueme Dan Kikile, Mr. Suleiman Amolegbe, and Ms Ophelia Jackson.

Hot this week

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Stanbic IBTC Asset Management Bags Top Asset Management Award 2026 by Global Banking & Finance Review

In a noteworthy achievement in Nigeria's asset management landscape,...

Tinubu Assents to N68.32tn Appropriation Bill, 2025 Budget Extension

President Bola Ahmed Tinubu has assented to the 2026...

Nationwide Voting Platform Empowers Consumers to Rate Brands, Public Institutions Based on Real Value, Trust, Service Delivery

  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

PenOp Appoints Anthonia Okoro as Chief Executive Officer

Pension Fund Operators Association of Nigeria is pleased to...

Topics

Insurance Capital: U.S. Federal Reserve Meets Today

The U.S. Federal Reserve will hold an open meeting...

Beyonic, Accord to Transform Mobile Money in Africa

Beyonic, a technology company that aims to eliminate rampant use of cash in emerging markets, is announcing a partnership with Mobile Accord that will make Beyonic the largest mobile money aggregator in Africa. Beyonic currently operates in Uganda and Kenya, and will leverage Mobile Accord’s expertise in building mobile solutions and relationships with leading mobile carriers to bring Beyonic’s platform to 25 additional countries.

RMB Nigeria Recognised as Top Employer in Nigeria for 2025

Rand Merchant Bank Nigeria Limited (RMBN) is proud to...

Stanbic IBTC: Most Outstanding Bank Supporting Women-Owned Businesses

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC...

Sovereign Trust Insurance Records 20% Growth in GPW in 2022

  Sovereign Trust Insurance Plc, (the Company) recently released its...

Deutsche Bank Awards Ecobank Nigeria with Client Excellence Award

Ecobank Nigeria, an affiliate of Ecobank Group, has been...

Bosch, P&G, Maersk Boost FDI in Nigeria with $3bn

Procter & Gamble, AP Moeller-Maersk A/S, the world's largest shipping container line, and German company, Bosch have announced plans to increase their investments in Nigeria as they seek to expand their operations. Procter and Gamble recently invested an additional $300 million for the expansion of its manufacturing plant in Agbara Industrial estate in Ogun State. P&G’s President for India, Middle East &Africa, Mohammed Samir, said the company’s commitment to growth and development of Nigeria is reflected in its continued investment in the country.

NEXIM Bank to Generate $5bn Yearly via Export Facilities

The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting the country’s non-oil exports. The funds are the N500 billion Export Stimulation Facility (ESF) and the N50 billion Export Rediscounting and Refinancing Facility (ERRF). These intervention funds by Central Bank of Nigeria (CBN) are part of the efforts of the Federal Government to address the persistent overdependence of the economy on revenue from crude oil exports.
Exit mobile version