NCDMB
26 Sep 2023
Nigerian National Petroleum Company Limited (NNPCL) and Nigerian Content Development & Monitoring Board (NCDMB), yesterday, signed a Memorandum of Understanding with international oil companies (IOCs) to reduce the contracting cycle to 180 days ....
8 Aug 2023
Imbibing principles of corporate governance will sustain the operations of oil and gas companies, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has said.
2 Aug 2023
Plans are underway by the Nigerian Content Development and Monitoring Board (NCDMB) to establish a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry in Ondo State.
19 May 2023
Nigeria may see the coming on stream of over $32.5 billion worth of oil and gas projects as the Nigeria National Petroleum Company Limited and International Oil Companies operating in the country yesterday show readiness to sign Final Investment Decisions (FIDs) on some projects.
11 May 2023
The Federal High Court sitting in Yenagoa, Bayelsa State, has ruled that the authority of the Nigerian Content Development and Monitoring Board (NCDMB) can collect the one per cent Nigerian Content Development Fund (NCDF) levy from every contract awarded in the Nigerian oil and gas upstream transaction.
26 Apr 2023
The Nigerian Content Development and Monitoring Board (NCDMB) said the oil and gas industry would adopt and leverage associated opportunities should artificial intelligence (AI) disrupt the sector.
25 Apr 2023
For Nigeria to be on track in the implementation of its decade of gas programme, government should provide yearly status reports of the successes, issues, supports required and targets completion dates, Executive Secretary of the Nigerian Content Development and Monitoring Board...
Latest
9 mins ago
The prosecution sought 12-year prison sentences Wednesday for the founders of a now-defunct law firm at the center of the so-called "Panama Papers" tax evasion scandal.
12 mins ago
The spokesperson of the All Progressives Congress (APC) in Kano, Ahmad Aruwa, has accused the administration of Bola Ahmed Tinubu of undermining and conspiring against the suspended National Chairman of the APC Dr. Abdullahi Umar Ganduje. Although the former Governor, Ganduje recently declared the rock backing he's receiving from the presidency on the heel of…
39 mins ago
The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 per cent to 50 per cent.
53 mins ago
A man identified as Paul Opemipo has been sentenced to nine months imprisonment for failing to use the pedestrian bridge in Lagos State. Lagos Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this on his X handle. Opemipo was sentenced on Wednesday, 17 April 2024, by the Mobile Court sitting at Oshodi. According to…
1 hour ago
Eight people were reported injured Thursday after a 6.3-magnitude earthquake struck off southwestern Japan, but there appeared to be no major damage or tsunami. The epicentre of the quake, which hit at 11:14 pm (1414 GMT) Wednesday, was located between the islands of Kyushu and Shikoku, the US Geological Survey said. Japan experiences around 1,500…
1 hour ago
As the 2024 Unified Tertiary Matriculation Examination (UTME) begins Friday, April 19, the Joint Admissions and Matriculation Board (JAMB) has directed all Computer-Based Test (CBT) centre owners to arrest any parent, found near any of their facilities during the exercise. JAMB Spokesperson, Dr. Fabian Benjamin, in a statement, said the directive was issued at the…
1 hour ago
Receiving dignitaries at his Florida estate and courting leaders shunned elsewhere as autocratic, Donald Trump is increasingly leading a shadow diplomacy diametrically opposed to US President Joe Biden.
1 hour ago
Another Chibok girl, Lydia Simon, has been rescued by troops of Operation Desert Sanity III, North East Operation Hadin Kai. She was rescued along with her three children by the troops of 82 Division Task Force Battalion in Ngoza LGA, on Wednesday, April 17, 2024. Intelligence Sources told Zagazola Makama, a Counter Insurgency Expert and…
1 hour ago
The World Health Organization voiced alarm Thursday at the growing spread of H5N1 bird flu to new species, including humans, who face an "extraordinarily high" mortality rate.
1 hour ago
The Lagos State Police Command has apologised to Obianuju Udeh known as DJ Switch over a false report of her arrest. The Police had earlier announced the arrest of DJ Switch for allegedly assaulting a female officer in the Lekki area of Lagos state. Lagos Police spokesman, Benjamin Hundeyin, however, issued a post on X…