PIA, enabler for transparency, FDI in Nigeria’s oil industry —TotalEnergies

PIA, enabler for transparency, FDI in Nigeria’s oil industry —TotalEnergies

By Sebastine Obasi The Petroleum Industry Act, PIA, has been described as the enabler for the transparency and foreign direct investment, FDI, being experienced currently in Nigeria’s oil industry. Matthieu Bouyer, the Managing Director/Chief Executive of the company stated this at a panel session, held at the Sub-Saharan Africa International Petroleum Exhibition and Conference, SAIPEC, , […]
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YCC unveils plan to retire old political order by 2035

YCC unveils plan to retire old political order by 2035

A youth group, operating under the aegis of Youth Creative Consortium, YCC, has ignited a fresh political conversation in Nigeria as its Convener, Blaise Kizito-Ndukwe, boldly projected that a Nigerian youth would emerge President in 2035, declaring that the era of recycled leadership was nearing its end.

Erinja Elite Youth hails Egbetokun as he bows out as 22nd IGP

Erinja Elite Youth hails Egbetokun as he bows out as 22nd IGP

A socio-civic organisation, the Erinja Elite Youth Group, has congratulated former Inspector-General of Police, Kayode Adeolu Egbetokun, NPM, PhD, as he formally bowed out of office as Nigeria’s 22nd Inspector-General of Police on Tuesday, February 24, 2026. According to a public statement co-signed by the group’s President, Tolu Akinwunmi and its Media & Publicity Secretary, […]

Naira depreciates to N1,391/$ in parallel market

Naira depreciates to N1,391/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,391 per dollar in the parallel market from N1,350 per dollar on Tuesday. Likewise, the naira depreciated to N1,359.5 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]

Germany eyes stronger economic ties with Nigeria

Germany eyes stronger economic ties with Nigeria

The German government is eyeing deeper economic ties with Nigeria, seeking to partner in priority sectors, including wine, pharmaceuticals, renewable energy, and machinery and construction, among others.