Sunday, October 19, 2025
25.2 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

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

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

NCDMB Unveils Selection Criteria for Inaugural Nigerian Content Awards

The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, has announced the detailed selection criteria for the inaugural Champions of Nigerian Content Awards, designed to honor outstanding contributions to local content development in Nigeria’s oil and gas sector.

Scheduled for May 21, 2025, at the NCDMB Conference Hall in Yenagoa, Bayelsa State, the awards will recognize individuals and organisations that have demonstrated exceptional commitment to advancing Nigerian Content in 2024.

The ceremony will coincide with the Nigerian Oil and Gas Opportunity Fair (NOGOF), further spotlighting industry excellence and contributions to national economic transformation.

The 12 Award Categories are:

  • Nigerian Content Icon of the Year
  • Nigerian Content Lifetime Achievement Award
  • Nigerian Content International Upstream Operator of the Year
  • Nigerian Content Independent Upstream Operator of the Year
  • Nigerian Content Midstream Operator of the Year
  • Nigerian Content Downstream Operator of the Year
  • Nigerian Content International Service Company of the Year
  • Nigerian Content Indigenous Service Company of the Year
  • Nigerian Content Innovator of the Year
  • Nigerian Content Financial Services Provider of the Year
  • Nigerian Content Media Organisation of the Year
  • Women in Leadership Award for Promoting Gender Equality and Empowerment

 

Objective Evaluation Metrics Ensure Credibility
According to the NCDMB, the criteria for oil and gas operators will include key and empirical benchmarks like
– Production output (crude oil and gas volumes).
– Compliance with Nigerian Content Plans (NCPs) and Nigerian Content Compliance Certificates (NCCCs).
– Adherence to NOGICD Act reporting requirements, such as submission of Nigerian Content Performance Reports and Employment & Training Plans.

Similar criteria will apply to financial institutions, media organisations, and individuals, ensuring a transparent and merit-based selection process.

Winners for the Nigerian Content Icon of the Year, Innovator of the Year, and Women in Leadership Award will also be selected based on measurable performance indicators.

 

Advisory Committee of Industry Titans to Oversee Process
To uphold the awards’ prestige, an Advisory Committee of distinguished experts have been set up to oversee nominations and validate winners. Members include:

  • Ernest Nwapa (Pioneer Executive Secretary, NCDMB).
    Dr. Omar Farouk (Secretary General, African Petroleum Producers Organisation).
    Mr. Wole Akinyosoye (Former Zonal Operations Controller, DPR).

The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe emphasised that the awards aim to become the oil and gas sector’s equivalent of the Oscars, celebrating genuine impact rather than mere participation.

“This recognition is reserved for those who have gone beyond compliance to drive tangible growth in Nigerian Content,” he stated.

Event Details:
Date: May 21, 2025
Time: 7:00 PM
Venue: NCDMB Conference Hall, Yenagoa.

With a focus on credibility, compliance, and measurable impact, the Champions of Nigerian Content Awards is poised to set a new standard for excellence in Nigeria’s energy sector.

 

 

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Emirates Named ‘World’s Best Airline 2016’

Emirates was named the World’s Best Airline 2016 at...

Nigeria to Sell N20bn of Green Bonds in 1st Half of 2017

Nigeria plans to sell N20 billion ($63 million) of...

Allianz, Sanlam Joint Venture Targets 29 Markets in Africa

Mr. Amine Benabbou Head of Business Division, Africa and Middle...

New Naira Notes: Customers Groan as Banks Shut Down ATMs!

Godwin Emefiele Governor Central Bank of Nigeria Bank customers are complaining bitterly...

MFM Orders Pastor to Shut Illegal Deliverance Facility, Report in Lagos

Mountain of Fire and Miracles Ministry Wednesday ordered one...

NAICOM, NITDA Partner on Cyber Insurance to Strengthen Digital Ecosystem in Nigeria

The Management of the National Information Technology Development Agency...

BudgIT Condemns Abia, Ondo, Taraba States for Owing Civil Servants

Governor Okezie Ikpeazu of Abia State BudgIT, a foremost civic-tech...
Exit mobile version