Friday, March 6, 2026
27.9 C
Lagos

Business

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

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 RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and its subsidiary,...

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

Business

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

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 RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

NGX Regulation Limited (NGX RegCo), the independent regulatory arm...

Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

Stanbic IBTC Nominees Limited marked a significant milestone on...

NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

Temi Popoola, Group Managing Director and Chief Executive Officer...

AI: Powerful Tool for Economic Growth in Africa-NGX Chair, Umaru Kwairanga

 KEYNOTE SPEECH BY THE CHAIRMAN OF THE NIGERIA EXCHANGE...

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and its subsidiary,...

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

Sovereign Trust Insurance Spreads Love with Fire Safety Drive

On Valentine's Day, Sovereign Trust Insurance Plc showed its...

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Love That Protects: AIICO Takes Valentine’s Message to the Streets

In a vibrant twist to this year’s Valentine’s Day...

NCDMB/ NLNG Working Group Reaffirms Commitment to Local Content Performance

The Nigerian Content Development and Monitoring Board (NCDMB) and foremost gas firm, the Nigeria Liquefied Natural Gas Company (NLNG) Limited are strengthening self-appraisal mechanisms instituted to advance objectives of local content compliance and development.

At a one-day meeting of the NCDMB/NLNG Technical Working Group held at the Nigerian Content Tower (NCT), corporate headquarters of the NCDMB, on Tuesday, key personnel of the two organisations led by Engr. Paul Zuhumben, General Manager, Project Certification and AuthorisationDivision (PCAD), NCDMB, and Mr. Andy Odeh, General Manager, External Relations, NLNG, expressed satisfaction with the grounds covered in the implementation of action plans.

Deliberations centred around measures to secure approval of in-house operational blueprint, Energy Transition, Advanced Training, Executive Summary Report on NLNG Train-7, and update on capacity building. It was noted that “most activities are on-going.”

Related subjects dealt at the meeting include Development of NCDMB’s Nigeria Oil and Gas Industry Content Joint Qualification System E-Marketplace Module, NLNG Asset Human Capacity Development Implementation, NLNG Train-7 HCD and R&D Execution Update, Monitoring of LNG Contracts below US$1 million, NLNG-NCDMB Service Level Agreements Performance Review, Factors Affecting Commercial Evaluation Delays, Energy Transition Workshop, and Expatriate Quota.

The TWG emphasised the critical importance of stakeholder surveys and committed to ensuring prompt attention to matters raised for consideration. A Stakeholders Retreat was agreed upon to facilitate knowledge-sharing interactions. Scheduled to hold within the last quarter of 2023 on Bonny Island, the Retreat would include community and plant tour, sessions on Nigerian Content practices, and a golf competition.

The Technical Working Group, conceived by the Managements of both companies to facilitate “in-person discussion and resolution of strategic, tactical and operational issues, aims to “cut out bureaucracy and improve efficiency of decision-making, approvals, and Nigerian Content Development for NLNG. It acts as first level discussion and escalation group to review and unblock thorny issues or delays arising from Nigerian Content compliance on contracts and projects that have been unable to reach satisfactory resolution at the operational/officer level, among other things.

Earlier in his opening remarks, the Chairman of the Group, Engr. Paul Zuhumben, commended NLNG for clinching the Nigerian Content Contribution Award and its invaluable contribution toward the E-marketplace initiative.

At the end of the Meeting, NLNG’s External Relations General Manager, Andy Odeh declared that deliberations were very successful. According to him, the Group meets “to look at issues that border around enabling the business where there are challenges, so that those issues don’t become crises that begin to distort the business we do in NLNG: It could be NLNG is not giving enough information as it should or it could be that NCDMB is not moving as fast as they should, either with approvals or proposals that we have.”

Explaining further, he said, “We see ourselves as one because we are looking at a common goal, and the TWG Meeting helps us to be proactive in managing the things we manage either as a company, NLNG, or as an operator.”

The next meeting of the TWG is scheduled tentatively for February 2024 in Port Harcourt.

Hot this week

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

ABoICT Lecture/Awards 2026 to Focus on Impact of AI, IoT on Business Operational Efficiency

The Board and Management of Communication Week Media Limited,...

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and its subsidiary,...

Stanbic IBTC Economic Summit Delivers Strategic Framework for Navigating Nigeria’s 2026 Investment Landscape

Institutional investors, corporate leaders and economic experts gained practical...

Topics

Children’s Day: Ecobank Counsels Parents on Remote Learning

  Patrick Akinwuntan Managing Director Ecobank Nigeria   The Managing Director, Ecobank Nigeria, Patrick...

Access Bank GMD, Wigwe, to Lead Discussions at The Economist Nigeria Summit 2016

Mr. Herbet Wigwe, Group Managing Director/CEO, Access Bank Plc, will lead economic and business discussions at the forthcoming The Economist Nigeria Summit scheduled for early 2016. The Economist said: “Nine months on from HE President Buhari taking office, our Nigeria Summit 2016 takes place at the opportune time—bringing key government ministries, industry and business leaders as well as representatives of Nigerian civil society; together with international investors, economists and academics to discuss and debate what the future holds for Nigeria and how the country can take its place among the world’s top emerging markets.”

THE MERCURY DEBATE: WHO Welcomes International Treaty on Mercury

The World Health Organization (WHO) welcomes of the approval...

Study: Global Telecoms Revenue Targets $2.7 Trillion in 2018

The global telecommunications industry was not immune to economic...

UNIDO, ILO, Others to Headline 5th Lagos Waste Forum

Top government officials, Coca-Cola, the United Nations Industrial Development...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

NAICOM Confirms Pius Apere as Linkage Assurance CEO

The National Insurance Commission (NAICOM) has confirmed the appointment...
Exit mobile version