Latest

NEITI plans review of $6.03bn divestments by IOCs

By Emmanuella Anokam Abuja, March 31, 2025 (NAN) The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five International Oil Companies (IOCs). The Executive Director, NEITI, Dr Orji Ogbonnaya Orji, made this known during its first quarter media briefing in Abuja. The transactions include notable […]

Latest

Tinubu signs Investments, Securities Act 2025 into law

By Taiye Olayemi President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which repeals the Investments and Securities Act No. 29 of 2007. This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection and introduces critical reforms to promote market integrity, transparency and sustainable growth. This […]

Latest

Why NBA faults state of emergency in Rivers – Wike  

By Philip Yatai Minister of the Federal Capital Territory (FCT) Nyesom Wike has faulted the Nigeria Bar Association’s (NBA) stand that the declaration of state of emergency in Rivers by President Bola Tinubu was unconstitutional and illegal. Wike alleged that the NBA discredited Tinubu’s decision because the Rivers Government had promised to host their annual […]