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CLOSING THE STRAIT: TRANSIT PASSAGE, SOVEREIGN POWER AND THE LIMITS OF UNCLOS ENFORCEMENT | Lydia Ehisuoria Ohonsi, Esq.
Lydia Ehisuoria Ohonsi, Esq. ABSTRACT The Strait of Hormuz, through which approximately one-fifth of the world's oil and liquefied natural gas flows daily, has emerged in 2025–2026 as the most consequential flashpoint in contemporary maritime geopolitics. Against the backdrop of United States airstrikes on Iranian nuclear infrastructure and Iran's parliamentary authorisation to close the Strait, this article critically examines the international legal framework governing the waterway, with a particular focus on the transit passage r…
CBN DEMANDS STRONG GOVERNANCE FOR BANK RECAPITALISATION AS PROF. ESOIMEME WARNS OF FINANCIAL CRIME RISKS, CLINCHES PRESTIGIOUS MALAYSIAN RESEARCH FELLOWSHIP.
LAGOS— The Central Bank of Nigeria (CBN) has asserted that robust corporate governance and strict risk discipline are the ultimate determinants of success for the country’s ongoing banking recapitalisation programme, warning that capital injection alone cannot guarantee financial stability. This assertion was made by Dr Blaise Ijebor, Director of the Risk Management Department and Chief Risk Officer at the CBN (represented by Director Olabanji Samuel), during a virtual risk management roundtable organised by the Association of Enterprise R…