Friday, October 23Reporting with Care

Author: Rareview

NLNG SUBSIDIARY ORDERS THREE NEW LNG CARRIERS IN FLEET MODERNISATION DRIVE

NLNG SUBSIDIARY ORDERS THREE NEW LNG CARRIERS IN FLEET MODERNISATION DRIVE

Energy
By Ali Elias LAGOS — Bonny Gas Transport Limited (BGT), the shipping subsidiary of Nigeria LNG Limited (NLNG), has awarded contracts for the construction of three new liquefied natural gas (LNG) carriers to Chinese shipbuilding giants Hudong-Zhonghua Shipbuilding Group and China Shipbuilding Trading Company, marking a significant step in the company’s fleet renewal and decarbonisation strategy. The new vessels, scheduled for delivery in 2029, form part of BGT’s long-term fleet modernisation and replacement programme aimed at enhancing operational efficiency, strengthening LNG transportation capacity and aligning the company’s maritime operations with evolving global environmental standards. According to a statement issued by the company, each of the vessels will have a cargo c...
KARIBI-GEORGE EMERGES MISS WORLD NIGERIA 2026, SET TO REPRESENT NIGERIA IN VIETNAM

KARIBI-GEORGE EMERGES MISS WORLD NIGERIA 2026, SET TO REPRESENT NIGERIA IN VIETNAM

News
By Ali Elias Tamunosoye Karibi-George, representing Bayelsa State, has emerged winner of the Miss World Nigeria 2026 pageant, defeating 20 other finalists to clinch the coveted crown at the grand finale held in Lagos over the weekend. The 26-year-old beauty queen, who hails from Port Harcourt, Rivers State, was crowned at the end of a keenly contested event themed “Pride, Power, and Purpose,” which featured contestants from across the country competing in talent presentations, interviews, leadership assessments and evening wear rounds. With her victory, Karibi-George will represent Nigeria at the 73rd Miss World Festival scheduled to take place in Ho Chi Minh City, Vietnam, from August 9 to September 5, 2026. The grand finale, held at the Balmoral Hall of the Federal Palace...
LCCI RAISES ALARM OVER SENATE PASSAGE OF SUGAR TAX BILL, WARNS OF ECONOMIC FALLOUT

LCCI RAISES ALARM OVER SENATE PASSAGE OF SUGAR TAX BILL, WARNS OF ECONOMIC FALLOUT

News
By Ali Elias The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over the Senate's passage of a bill seeking to reform Nigeria's Sugar-Sweetened Beverage (SSB) tax regime, warning that the measure could exacerbate existing challenges confronting the country's manufacturing sector. The Senate last week approved amendments to Nigeria's SSB tax framework, replacing the existing excise duty of ₦10 per litre with a percentage-based levy tied to retail prices. The legislation also provides for the establishment of a dedicated health fund to support the fight against non-communicable diseases and strengthen healthcare delivery. Reacting to the development, LCCI Director-General, Dr. Chinyere Almona, said while the chamber supports government efforts to address pub...
NCDMB, NIGERIAN CORRECTIONAL SERVICE EXPLORE PARTNERSHIP ON SKILLS DEVELOPMENT, SOCIAL REINTEGRATION

NCDMB, NIGERIAN CORRECTIONAL SERVICE EXPLORE PARTNERSHIP ON SKILLS DEVELOPMENT, SOCIAL REINTEGRATION

Energy
By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to expanding opportunities for all Nigerians, including rehabilitated inmates and other vulnerable groups, as part of efforts to deepen local content development and drive inclusive economic growth. The Board made the commitment when it received the Bayelsa State Controller of the Nigerian Correctional Service (NCoS), Controller Spiff Baranaye S., and his delegation at the Nigerian Content Tower in Yenagoa, Bayelsa State. Representing the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, the General Manager, Corporate Communications, Dr. Obinna Ezeobi, said the Board remained committed to human capital development, inclusion and sustainable capacity building in line ...
NCDMB REAFFIRMS COMMITMENT TO CREATING REAL OPPORTUNITIES FOR PERSONS WITH DISABILITIES IN OIL AND GAS SECTOR

NCDMB REAFFIRMS COMMITMENT TO CREATING REAL OPPORTUNITIES FOR PERSONS WITH DISABILITIES IN OIL AND GAS SECTOR

Energy
By Ali Elias  The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its commitment to fostering meaningful participation of Persons with Disabilities (PWDs) in Nigeria’s oil and gas industry, stressing that inclusion must go beyond policy statements to the creation of sustainable economic opportunities. The commitment was reaffirmed at a knowledge-sharing workshop themed, “Beyond Inclusion: Creating Real Opportunities in Oil and Gas for All Abilities,” held in Yenagoa, Bayelsa State. The workshop brought together stakeholders, industry professionals and members of the disability community to explore pathways for expanding access to employment, entrepreneurship and capacity-building opportunities within Nigeria’s energy sector. Delivering the keyn...
NIGERIA BUILDING CAPACITY TO LEAD OIL AND GAS INDUSTRY, NOT JUST PARTICIPATE — NCDMB

NIGERIA BUILDING CAPACITY TO LEAD OIL AND GAS INDUSTRY, NOT JUST PARTICIPATE — NCDMB

Energy
By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to deepening indigenous capabilities in the offshore oil and gas industry, urging operators, service companies and investors to channel greater resources into local manufacturing and research and development (R&D) as Nigeria seeks to retain more value from its vast hydrocarbon resources. The Board made the call at the Offshore Well Intervention (OWI) West Africa 2026 Conference, held in Lagos from June 2 to 3, where its Director of Planning, Research and Statistics, Mr. Silas Omomehin Ajimijaye, represented the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, on a high-level industry panel. Speaking during a session titled “Local Capability, Leadership and New D...
I KNOW THE POLITICIANS BEHIND OYO SCHOOL ABDUCTIONS, SAYS SUNDAY IGBOHO

I KNOW THE POLITICIANS BEHIND OYO SCHOOL ABDUCTIONS, SAYS SUNDAY IGBOHO

News
By Ali Elias IBADAN — Yoruba Nation agitator and activist, Sunday Adeyemo, popularly known as Sunday Igboho, has threatened to publicly identify politicians he alleged are sponsoring criminal gangs responsible for a wave of kidnappings and insecurity in Oyo State, including the recent abduction of dozens of schoolchildren in Oriire Local Government Area. Igboho made the allegations while receiving the newly elected leadership of the National Association of Nigerian Students (NANS), led by Akinteye Bàbàtunde, at his residence in the Soka area of Ibadan. In a video of the meeting that has since gone viral on social media, the activist claimed he possessed information on political figures allegedly backing criminal elements operating in parts of the South-West and warned that he ...
SEPLAT CEO, CFO INCREASE OWNERSHIP STAKES AFTER LONG-TERM INCENTIVE SHARE VESTING

SEPLAT CEO, CFO INCREASE OWNERSHIP STAKES AFTER LONG-TERM INCENTIVE SHARE VESTING

Energy
By Ali Elias LAGOS — Senior executives of Seplat Energy Plc have increased their ownership interests in the indigenous energy company after exercising more than 2.67 million vested shares under the firm's Long-Term Incentive Plan (LTIP), a move that further aligns management interests with those of shareholders. The company disclosed that its Chief Executive Officer, Roger Brown, and Chief Financial Officer, Eleanor Adaralegbe, exercised a combined 2,671,668 vested ordinary shares arising from incentive awards granted between 2021 and 2023 under Seplat's 2014 Long-Term Incentive Plan. According to a regulatory filing signed by Seplat's Director, Legal and Company Secretary, Edith Onwuchekwa, the transaction was executed in accordance with the company's remuneration framework a...
WORLD’S FIRST UNDERWATER DATA CENTER IS NOW ONLINE, POWERED BY WIND

WORLD’S FIRST UNDERWATER DATA CENTER IS NOW ONLINE, POWERED BY WIND

Energy
Just over seven months from completing phase one of this mega-project, Chinese engineers have finished the build and switched on the world's first underwater data center (UDC) powered by offshore wind turbines. What's more, it doesn't need freshwater and cuts land use by more than 90% compared with above-ground centers We reported on the big build in October 2025, when the first stage had been constructed. At the time, there was no projected timeline for it to become operational. The underwater infrastructure, off the coast of Shanghai in the Lin-hang Special Area, was officially switched on in late May, and it's far more impressive than it may sound on paper. Data centers don’t need freshwater to function – but it remains the simplest cooling option, as it puts fewer deman...
NIGERIA ATTENDS APPO MEETING, REAFFIRMS COMMITMENT TO ENERGY BANK’S TAKE-OFF

NIGERIA ATTENDS APPO MEETING, REAFFIRMS COMMITMENT TO ENERGY BANK’S TAKE-OFF

Energy
By PR The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omotsola Ogbe on Monday attended the 46th extraordinary ministerial meeting of African Petroleum Producers’ Organization (APPO).  At the meeting which held virtually, the Nigerian delegation reiterated the country’s commitment to the African Energy Bank’s formal commencement of operations. The meeting was chaired by President of APPO, who is also Côte d’Ivoire’s Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, with the Secretary General of APPO, Mr. Farid Ghezali in attendance. Engr. Ogbe serves as an Executive Board member of APPO, representing Nigeria. Pa...
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