What the Gulf region conflict means for Nigeria’s economy
By Tope Fasoranti The hostilities in the Gulf Region have delivered a classic terms-of-trade shock to Nigeria. Brent crude was trading at about $73 per barrel on the eve of…
Gulf War and the fragility of global order
By GEB The grim reality of a rapidly escalating conflict in the Middle East has confirmed that what is happening in that region is no longer simply a military confrontation…
War in the Middle East and our economy
By Adekunle Adekoya IT is no longer news that the United States, in coalition with Israel has been bombarding Iran. It is also no longer news that the aerial bombardments…
Legal essence of Executive Order 9 on oil and gas revenues
By Tope Adebayo The decision by President Bola Tinubu to sign Executive Order 9, 2026, pursuant to Section 5 of the Constitution of the Federal Republic of Nigeria 1999 (as…
Why Dangote Refinery IPO must get it right
By Sola Oni Sir: It would be a grievous oversight to ignore the extraordinary resilience that brought the $20 billion, 650,000-barrel-per-day Dangote Refinery to life before considering the implications of…
Ondo did not cede oil-rich Eba Island to Ogun – Aiyedatiwa
Governor Lucky Aiyedatiwa has disclosed that the contested Eba Island, a territory rich in oil deposits, remains an integral part of Ondo State, contradicting earlier ownership claims by the Ogun…
A’Ibom ownership of 76 oil wells undisputed – Eno
The Akwa Ibom State Governor, Umo Eno, has reassured citizens that no amount of propaganda or sentiment can overturn the state’s rights to the oil wells, as established by two…
RMAFC denies ceding disputed oil, gas wells to any party states
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disowned reports that certain disputed crude oil and gas wells have been recommended for ceding to specific oil-producing states, insisting that no…
Court nullifies FG revocation of Dawes oil licence
The Federal High Court in Lagos has nullified the revocation of the Dawes Island Marginal Field licence held by Eurafric Energy Limited, ruling that the action by the Ministry of…
Oil Discovery: Ogun Govt apologies to Ondo over Eba Island
The Ogun State government has reaffirmed its territorial jurisdiction over Eba Island in Ogun Waterside Local Government Area, dismissing claims from some quarters in Ondo State as misleading and capable…