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...

NCDMB, SLB Partner Varsities to Unveil Software Solutions for Oil, Gas Industry

L-R: Director, Planning, Research and Statistics, Nigerian Content Development and Monitoring Board (NCDMB); Mr. Abdulmalik Halilu; Group Managing Director, West Africa, SLB, Mr. Sops Ideriah and Executive Secretary, NCDMB Engr. Simbi Kesiye Wabote, at the unveiling ceremony of NCDMB-SLB Technology Enhancement Program (N-STEP) in Lagos, Nigeria.

The Nigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company on Tuesday in Lagos unveiled the first three products of their joint program, the NCDMB-SLB Technology Enhancement Program (N-STEP), a platform whereby students of higher institutions develop software plugins for diverse oil field applications.

The programme was unveiled at the sidelines of the 2023 Nigerian Association of Petroleum Geologists (NAPE) and it showcased nine students representing three prestigious universities in Nigeria who had developed software solutions that would address live oil and gas challenges.

The unveiling ceremony was witnessed by industry stakeholders, academia and representatives of the beneficiary institutions.

The N-STEP program provides a unified framework for the rapid development and deployment of software solutions to address oil and gas challenges. Deployed through a phased, multidimensional approach, the program is focused on the development of software plugins by students for diverse oil field applications.

As part of its 2023 cohort, the projects highlighted machine learning, Artificial Intelligence and new innovations that could unlock potentials in the Nigeria oil & gas sector. The universities represented by this cohort were: University of Lagos; Federal University of Petroleum Resources Effurun; and Abubakar Tafawa Balewa University Bauchi.

In his opening remarks, Executive Secretary, NCDMB, Engr. Simbi Kesiye Wabote’s commented: “The N-STEP program is an industry-education partnership under NCDMB’s Adopt a Faculty Initiative for STEM courses. It is designed to drive collaboration between industry, universities, and Government through Research and innovation, curriculum review, infrastructure, and equipment, and learning and knowledge exchange in Nigeria. Nigeria spends an estimated $400 million annually on foreign software, which is a huge drain on our Forex. We embraced the NSTEP to demonstrate our commitment to reverse this trend. The program has also targeted undergraduates because we believe Nigerian youths have the innovation drive, to be solution providers and not job seekers.”

Speaking to the impact of the N-STEP program, Group Managing Director, West Africa at SLB, Sops Ideriah, said: “We want to empower software developers to create and deploy plug-ins that extend the utilization of E&P software platforms. This is why we collaborated with both the public sector and the best of academia to deliver a structured training program, where selected students will gain the knowledge and skills necessary to apply their expertise to develop innovative software solutions that address specific E&P industry challenges. The program also provides mentorship, internship opportunities, and cutting-edge training tailored to industry needs, empowering future generations of innovators and leaders for the energy industry of tomorrow. Our joint ambition in this collaboration is to extend the program scope to cover a minimum of one university in each key region in Nigeria.”

For SLB, the N-STEP program will not only serve to foster education, but also to detect and eventually tap into local talent. “At the forefront of global technology, we are relentlessly looking for exceptional individuals with the potential to revolutionize the energy landscape. This program provides us with a strategic opportunity to identify and nurture future leaders within our organization,” Ideriah added.

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

Savannah Energy Provides 2024 Operational Updates, Outlines FY25 Plans for Nigeria, Niger

Savannah Energy Plc, the British independent energy company focused...

Nokia Plans More Job Cuts over Alcatel Acquisition

Nokia has announced sweeping job losses as the consequence...

CTO calls for specific goals and targets for ICTs in post-2015 development agenda

Venue: LONDON, Time: 20 OCTOBER 2014 Following consultations with its...

Hero Lager Presents Echefula, Never Forget Your Identity

Hero lager, a leading quality beer brand from the...

Nigeria Seeks World Bank Support to Recover $320m Abacha Loot

President of Nigeria, Muhamadu Buhari, asked World Bank’s help...

Leadway Pensure Unveils L.I.S.A., the ‘Perfect Assistant’ for Seamless Customer Experience

In actualising its quest of providing a seamless, convenient,...

Delphine Maïdou is Insurance CEO of the Year

Delphine Traoré Maïdou, regional COO for Allianz in Africa,...
Exit mobile version