by George Ozalla Fresh and detailed allegations have surfaced against Access Bank Plc over an alleged 2002 boardroom action that the family of the late Paul Adedoyin Odunaiya claims led to the loss of shares, dividends and profits now valued at ₦494,913,658.35.Petitions, correspondence and supporting documents obtained by journalists indicate that the dispute dates back […]
NCC Licenses New Internet Service Providers, Expands Satellite Broadband in Nigeria
by George Ozalla The Nigerian Communications Commission has issued new operating licences to six Internet Service Providers as part of efforts to strengthen competition, expand broadband access, and accelerate digital inclusion across Nigeria. The licences, effective from January 1, 2026, increase the number of authorised ISPs in the country to 231, up from 225 at […]
Nestoil, Neconde Supreme Court Ruling Deepens Focus on Legal Representation in Multi‑Billion Dollar Debt Dispute
by George Ozalla The Supreme Court has directed that the long-running debt dispute involving oil services group Nestoil Limited and its affiliate Neconde Energy Limited return to the Court of Appeal for review of legal representation, following procedural concerns raised in the case. The ruling comes after years of litigation over approximately $2 billion owed […]
Oranto Petroleum Rejects Senegal Government’s Claims Over Offshore Licence Revocation
by George Ozalla Oranto Petroleum has issued a firm rebuttal to what it described as a false narrative by the Government of Senegal over the revocation of its St Louis and Cayar offshore exploration licences, insisting that it complied with contractual obligations and invested substantially in Senegal’s hydrocarbon sector. The response was contained in a […]
NCAA Appoints New Director of Aerodrome and Airspace Standards
by George Ozalla Alhaji Ahmad Abba has assumed office as the new Director of Aerodrome and Airspace Standards at the Nigeria Civil Aviation Authority following a minor redeployment approved by the Minister of Aviation and Aerospace Development, Festus Keyamo.The redeployment also saw the former Director of Aerodrome and Airspace Standards, Engr Godwin Balang, moved to […]
NCS Begins Penalizing Banks for Delayed Revenue Remittance
by George Ozalla The Nigeria Customs Service (NCS) has begun enforcing penalties against designated banks that fail to remit collected Customs revenue within agreed timelines, following reconciliations of transactions processed through the B’odogwu platform. According to a press release signed by Abdullahi Maiwada, Deputy Comptroller of Customs and National Public Relations Officer, such delays breach […]
Wale Edun’s Vision for Economic Innovation
The Economy by George Ozalla “Nigeria’s economic trajectory must be anchored on disciplined fiscal management, strategic revenue mobilisation and investment-led growth,” Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has often said. Since assuming office in August 2023, Edun has translated this philosophy into a coherent and pragmatic economic blueprint designed to […]
Special Invitation
MAKEMS 2025 Jewelry Exhibition Set to Dazzle in Abuja
by George Ozalla The highly anticipated MAKEMS Jewelry Exhibition will hold this Saturday, December 29, 2025, at W O Kilaso Hall, Glowing Ages Academy, Games Village Road, Kaura District, promising an immersive showcase of handmade, carefully curated jewelry. Collectors continue to participate in the ongoing Makem Jewelry Auction, including bids for the Royal Amethyst & […]
Senate Committee Moves to Review PIA Over Mounting Stakeholders’ Complaints
By George Ozalla The Senate Committee on Downstream Petroleum has yesterday moved to initiate a formal review of the Petroleum Industry Act (PIA) in response to mounting concerns raised by industry stakeholders, community groups and regulatory observers. The decision was taken during a meeting held at the National Assembly in Abuja, where committee members voiced […]
