Monday, February 23, 2026
26 C
Lagos

Business

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...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

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 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...

NGX Group, SEC, Nigeria Police Force Collaborate on Capital Market Integrity

Nigerian Exchange Group Plc (NGX Group) has hosted a...

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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

Insurance

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...

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

Stanbic IBTC Insurance Triumphs at 2025 Risk Analyst Awards, Showcase Institutional Excellence

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings,...

Business

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...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

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 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...

NGX Group, SEC, Nigeria Police Force Collaborate on Capital Market Integrity

Nigerian Exchange Group Plc (NGX Group) has hosted a...

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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

Insurance

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...

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

Stanbic IBTC Insurance Triumphs at 2025 Risk Analyst Awards, Showcase Institutional Excellence

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings,...

Winners Emerge in NCDMB National Essay Competition

Winners of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023, were unveiled at the Lady Daima Memorial Event Center, Yenagoa, Bayelsa State at a well-attended ceremony. It was the Grand Finale of the competition, with the top 10 finalists awarded prizes.

Overall best was Miss Iruoma Favour Lazarus, a 200-level student of the Faculty of Law, Nnamdi Azikiwe University, Awka. She received a cheque for one million naira (N1,000,000.00) and an HP laptop. The second prize went to Miss Lucy Agbalu, a 100-level student of Microbiology at the University of Calabar, who had a cheque for seven hundred thousand naira and an HP laptop, while the third prize was won by Akinduyite O. Samuel, who received five hundred thousand naira and a similar laptop.

In an address to the “Award and Prize-giving Ceremony,” the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, said the Board seeks to “inculcate local content consciousness among students of our higher institutions,” thereby creating champions of such an endeavour.

He described local content as “an existential necessity for every nation, particularly for developing nations like Nigeria.” That much was evident from the resilience of Nigeria’s oil and gas industry in the face of the COVID-19 pandemic in 2020/2021.

The NCDMB boss noted that the topic of the essay competition, which was “Nigerian Content and the Lessons from COVID-19,” was well-conceived “considering how the COVID-19 pandemic devastated our world.” He said at the height of the pandemic, “the movement of persons and goods was disrupted for several months, forcing every nation to rely on their local resources for survival.”

According to him, “The Nigerian oil and gas industry survived that period because of the huge local human and infrastructural capacities we had developed since the enactment of the Nigerian Oil and Gas Industry Content Development Act in 2010.” Efficient implementation of the Act, he pointed out, “ensured that Nigeria’s oil production continued without interruption, even when all the expatriates had left the country.”

Engr. Wabote, who was represented by the Manager, Corporate Communications, Barr. Esueme Dan Kikile, called on policy-makers at different levels of government and in the private sector to take deliberate steps “to develop resilient and sufficient human and infrastructural capacities in key sectors of our national fabric, which can withstand any external shocks in future.”

While commending winners of the essay contest and the consultants, Mahogany Century Concepts Limited, he said the Board has sustained the competition for seven years because of the huge importance it attaches to it, and that the intention is to challenge students in tertiary institutions to sharpen their writing skills and engage youths in productive activities.

The annual essay competition is one of several initiatives of the NCDMB designed to benefit the youth segment of the Nigerian population. Others include the ‘Integrated Institutional Strengthening and Upgrade,” under which the Board has undertaken and completed massive renovation of technical workshops and installation of world-class facilities in institutions like Government Technical College, Amoli in Enugu State, Government Technical College, Abak in Akwa Ibom State, Government Technical College, Port Harcourt, and the University of Ibadan Vocational School.

The Chairman of the occasion, Professor Allen A. Agih, in his opening speech, commended the NCDMB for its remarkable contributions to capacity building in the country. He corroborated the point made by the Executive Secretary on how the resiliency of the oil and gas industry withstood the pandemic, stating, “Nigerians did not run to foreign countries when COVID-19 struck.” He was represented by Mr. Fibainonine G. Paulley.

Chief Executive Officer of Mahogany, Mr. Eyinimi Omorozi, thanked the Executive Secretary and Management of the NCDMB for the sponsorship of the essay competition and contribution to national development.

 

Hot this week

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

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

Unity, Providus Banks Merger a Done Deal as Integration Progresses

Following the recently held Court-Ordered Meeting and subsequent overwhelming...

NCC Seeks Stakeholders’ Input on National Telecoms Policy Review 

The Nigerian Communications Commission (NCC) has called on interested...

CBN Chief, Olayemi Cardoso, Tasks Central Banks, DFIs on Africa’s Growth

The Governor of the Central Bank of Nigeria, Mr....

NCC Management Hosts ATCON EXCO on Courtesy Visit

L- R: Abraham Oshadami, Executive Commissioner Technical Services, Nigerian...

Topics

Nova Merchant Bank ED, Funke Okoya, Named Chairperson, Women’s Empowerment Commission

Mrs. Funke Okoya, an Executive Director, NOVA Merchant Bank...

Nigeria Records 6.8% Fall in Smartphone Shipment

Shipment of smartphones in Africa fell 5.2% to 23.1...

Universal Insurance Reports N15.25bn Premium in 2024

L-R: Dr. Jeff Duru, Managing Director/CEO, Universal Insurance Plc;...

Eleven in Contention for $100,000 The Nigeria Prize for Literature

The Advisory Board for The Nigeria Prize for Literature today announced the longlist of 11 drawn from 143 plays in the running for the 2023 edition of the prize. The genre in focus is Drama. The literature prize is sponsored by Nigeria LNG Limited (NLNG) with a cash award of $100,000. The 11 plays on the longlist, in alphabetical order by the title of the plays, are: Dance...

Access Bank Donates N10m to UNICEF on Charity Shield Polo

The Access Bank UNICEF Charity Shield International Polo tournament came to a flourishing climax recently with the presentation of N10 million donation by the sole sponsor, Access Bank Plc to UNICEF. The donation was presented at the Fifth Chukker Polo & Country Club in Kaduna by the Executive Director, Personal Banking, Access Bank, Victor Etuokwu to support the UNICEF campaign against HIV/AIDS pandemic among Nigerian children. Etuokwu who led other top officials of Access Bank to the grand finale, expressed delight that the Access Bank UNICEF Charity Shield is achieving its main objective of reaching out to the less privileged children in the society.

What Is The Future of Real Estate in Nigeria?

By Dennis Isong Within the last decade, a significant number...

Danbatta: NCC has Powers to Make e-Waste Regulation for Telecom Sector

2021 ITREALMS E-Waste Dialogue …From left: National President,...

Samsung Unveils QLED TV, 2018 Model

L-R: Executive Director, SIMS Nigeria Ltd (SIMS), Mr. Ike Eyisi; Executive Director,...
Exit mobile version