Power Sector Guide

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), pursuant to Section 167, the Third and Fourth Schedule of the Petroleum Industry Act...

Nigeria's oil and gas sector offers significant investment opportunities, but foreign companies must navigate one of Africa's most comprehensive local content regimes. Understanding the Nigerian Oil and Gas Industry Content Development Act 2010 and its enforcement mechanisms is essential for lawful market entry, contract awards, and sustainable operations in this resource-rich jurisdiction.

Gas flaring has been a source of pollution in the Niger Delta region for more than six decades, polluting the atmosphere the soil, and eroding the lives of communities living in one of the most oil-rich regions in Africa. The Nigerian government's efforts at solving this environmental problem have been characterized by delay and capture. The enactment of the Petroleum Industry Act 20212 represents the most ambitious legislative attempt yet to bring routine flaring to an end, through an explicit statutory prohibition, mandatory monetisation planning, and a new institutional architecture anchored around the Nigerian Upstream Petroleum Regulatory Commission.

A free zone company is a company registered and situated in a free zone. A free zone is a designated geographical area within a country where companies set up to enjoy exemptions or reduced taxes, customs duties, and regulations.

The above definition accommodates any international or Nigerian company that is operating in the oil and gas industry in Nigeria.

The Petroleum Industry Act 2021 ("PIA") has fundamentally restructured Nigeria's upstream petroleum licensing framework. Among other reforms, it replaced the previous licensing regime of the Petroleum Act (PA) and changed the licence type nomenclature with the introduction of the Petroleum Exploration Licence (PEL), Petroleum Prospecting Licence (PPL), and Petroleum Mining Lease (PML).

The basis of environmental policy in Nigeria is contained in the 1999 Constitution of the Federal Republic of Nigeria.

Nigeria's 2026 Net Billing Regulations represent a transformative shift in the country's energy landscape, enabling businesses to transition from passive electricity consumers to active prosumers who can generate, consume, and sell solar power back to the grid. This regulatory framework introduces new opportunities and considerations for commercial entities looking to invest in renewable energy infrastructure. Understanding the legal and operational implications of these regulations is crucial for businesse

The Dangote Petroleum Refinery has filed a lawsuit against Nigeria's Federal Government challenging petroleum import licences issued by the regulatory authority, claiming they violate court orders and undermine domestic refining capacity. With the refinery supplying over 81% of national fuel demand in early 2026, this legal battle raises critical questions about Nigeria's path to energy independence and the balance between supporting local production and maintaining competitive fuel markets. The outcome cou

The Petroleum Industry Act 2021 separated upstream regulation from midstream and downstream regulation, but how does that separation apply to pipeline infrastructure that sits between production, transportation, processing and export? This analysis examines the statutory basis of pipeline licensing after Executive Order No. 9 of 2026, how jurisdiction is allocated between the NUPRC and the NMDPRA, and what this means for operators, lenders and project sponsors.

A person instituting an action (Claimant) must include the Pre-action protocol form 01 with other supporting documents.

A major innovation introduced by the Nigeria Tax Act (the “NTA”) is the 15% Minimum Effective Tax Rate (the “METR”), which represents a fundamental shift in Nigeria’s corporate tax framework. The METR is intended to guarantee that companies of significant economic scale bear a minimum tax burden, notwithstanding the availability of incentives, exemptions, or reliefs.

The Securities and Exchange Commission ("SEC/Commission") has issued a Framework on Accelerated Regulatory Incubation Program for the Onboarding of Virtual Assets Service Providers...

The Act received presidential assent on 19 June 2026. Its stated objectives are to establish a legal framework for the efficient economic regulation of regulated services and activities and to protect the interests of shippers, providers and users of regulated services.

Nigeria has overhauled its nearly half-century-old regime on the administration of withholding tax (WHT) with the signing of the Deduction of Tax at Source (Withholding)...

Open Banking is a system that allows third-party providers access to consumer financial data from banks and non-bank financial institutions through the use of Application Programming Interfaces

In a landmark decision delivered on 22 November 2024, the Supreme Court nullified the National Lottery Act 2005 (‘NLA'), which established the National Lottery Regulatory Commission...

On 19 December 2020, the Securities Exchange Commission, Nigeria ("SEC") published a statement, informing the public that the Investments and Securities Tribunal, ("IST")...

Artificial intelligence, cloud computing, cybersecurity and digital sovereignty have fundamentally changed the way governments think about data. Around the world, policymakers are increasingly asking where data should be stored, who should have access to it and under what circumstances it should leave national borders. These questions are no longer confined to technology policy, they have become matters of economic policy, national security, industrial development and international trade.

The increasing digitalisation of global commerce fundamentally transforms how Trade Finance is deployed and accessed by businesses. The International Chamber of Commerce (“the ICC”) defines Trade Finance as the invisible bridge that makes global trade flow. Trade Finance connects entities across continents, mitigates payment risks and is enzymatic to market progression and economic stability.