Special Focus

By Sam Akpe & Mercy Tartsea-Anshase Almost two centuries ago, a notable French writer, Alexis de Tocqueville, offered a controversial description of the powers of the media in the elevation and sustenance of democracy. Focusing on the American model which had already reached maturity at that time, he observed that…

By Bassey Udo Nigerians like carrying their cash. No matter the transaction, the payment is made with wads of cash. The average trader in the market wants to see the physical cash he or she has realized at the end of every business day. Despite all the digital payment platforms…

By Bassey Udo Concerned Nigerians who, all along, expressed doubts about the capacity of the newly enacted Petroleum Industry Act (PIA) to effectively regulate the country’s petroleum industry without undue interference, had another reason last Monday to feel justified with their sentiments. Not that the legal provisions of the new…

By Bassey Udo After enduring several decades of unfair and inequitable treatment by successive leaderships from member countries with far lesser contributions to the survival of the Economic Community of West African States (ECOWAS), Nigeria has finally protested its ill-treatmentp, threatening to review its membership of the regional body. Apart…

CSR-In-Action Many of us who operate within the oil and gas sector watched history in the making as the Nigerian National Petroleum Corporation (NNPC) transitioned to the commercial venture, NNPC Limited, on Tuesday, 19 July 2022. However, many Nigerians had been oblivious to the actual functions of the NNPC before…

By Ata Udo The biggest challenge the Central Bank of Nigeria (CBN) is facing today hardly appears to be failure to deliver on its core constitutional mandates. Rather, it is having to do battle with seen and often unseen forces to fend off the collateral damage it is being made…

By Bassey Udo On August 16, 2021, President Muhammadu Buhari signed the Petroleum Industry Act (PIA), 2021 into law, giving the country’s petroleum industry a new regulatory and legal framework for reforms. Part of the reforms with the new law was the transformation of the Nigerian National Petroleum Corporation(NNPC) from…

By Bassey Udo Pursuant to the November 15, 2021 directive by the Attorney General of the Federation and Minister of Justice, Abubakar Malami, the Director of Public Prosecution (DPP), Babadoko Mohammed, on Tuesday effectively took over the prosecution of the petitioner in the alleged N170.3 million Federal Inland Revenue Service…

By Bassey Udo Under the CBN Act of 2007, the core mandate of the Central Bank of Nigeria covers “the overall control and administration of the monetary and financial sector policies of the Federal Government, to ensure, among other functions, monetary and price stability; maintaining external reserves; promoting a sound…