News & Insights

  Fresh crises is brewing between the Financial Reporting Council (FRC) and shareholders as the Council has set registration with it as part of conditions for shareholders of public companies to qualify as audit committee members. FRC, in a Draft Audit Regulation 2020, said with commencement of the regulation, activities […]

      Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar has said that the  commission is putting machinery in place to begin full implementation of the Companies and Allied Matters Act (CAMA) 2020 in first week of 2021. Abubakar said this at the Institute of Directors (IoD) National Stakeholders […]

  As Nigeria moves towards greater role for maritime in the national economy, Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has declared the Agency’s unwavering commitment to capacity-building through its knowledge and research based initiatives. Speaking at the official launch of the Agency’s e-library […]

                The National Insurance Commission (NAICOM) said it is compiling the list of insurance companies for necessary regulatory sanctions over unsettled claims which industry experts have estimated to be over N40 billion. Commissioner for Insurance, Sunday Thomas, speaking at the 2020 insurance directors’ […]

        Udora Orizu in Abuja The House of Representatives’ Committees on Petroleum Upstream, Downstream and Gas Resources, yesterday asked the Nigerian National Petroleum Corporation (NNPC) to open up its books on various expenditures incurred on Joint Venture operation (JVC), pipeline maintenance, rehabilitation of refineries, among others. The […]

      Vice President Yemi Osinbajo has stated that Nigeria has a key role to play in the successful negotiation process of the Africa Continental Free Trade Area, AfCFTA.     This is as he called for private sector commitment in the negotiation process, during the virtual opening ceremony […]

        The Chief Justice of Nigeria, Justice Tanko Muhammad, has said there is a need for more cerebral legal practitioners to emerge in Nigeria in order to resist tyranny and expand what he described as frontiers of jurisprudence in the country.     Justice Muhammad said with […]

      By Emmanuel Addeh The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that the global oil industry will require about $12.6 trillion investments in the downstream, midstream as well as upstream to sustain its innovative and production efficiency in the next 25 years. Secretary General of the […]

    The Petroleum Industry Bill (PIB) and the Electoral Act Amendment Bill has passed second reading in the House of Representatives. This was disclosed by Channels TV on Tuesday after both bills were addressed by Lawmakers for the second time during plenary.   On the Petroleum Industry Bill Rep leader, Alhassan Doguwa, […]

        United Kingdom Home Secretary Priti Patel has come under scrutiny for seeking to publicly intervene on three occasions on behalf of an offshore company, Process & Industrial Development (P&ID), which has been accused in a British court of obtaining a £100m contract from the Nigerian government […]