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The Electricity Act 2023 was signed into law by President Bola Ahmed Tinubu on 8th June 2023. The Act repeals the Electric Power...

While reiterating commitment to the development of the domestic crude oil market driven by willing buyer-willing seller arrangements, the Petroleum Industry Act 2021 ("PIA") permits the imposition...

Nigeria's Power Sector is undergoing a significant transition following the 2023 constitutional amendment and the enactment of the Electricity Act 2023 (the "Act")...

Over time, the Nigerian Electric Supply Industry (NESI) is expected to progress through four stages, which are to be determined by the extent of competition in the market.

The Nigerian Electricity Regulatory Commission's Net Billing Regulations 2026 represent a transformative development in Nigeria's distributed renewable energy sector, enabling eligible customers to export...

Nigeria's upstream oil and gas sector is poised for substantial growth with 22 major offshore projects anticipated between 2026 and 2030, potentially attracting US$30-50 billion in investment. The Nigerian Upstream Petroleum Regulatory Commission projects these developments will boost production, create employment, expand infrastructure, and strengthen energy security, supported by new fiscal frameworks and licensing rounds.

On August 26, 2025, the Nigerian Electricity Regulatory Commission ("NERC"), pursuant to Section 34 of the Electricity Act (the "Act")...

The Nigerian Electricity Regulatory Commission has ordered electricity distribution companies to reimburse customers who had paid for the acquisition of meters under the Meter Asset Provider Scheme.

There is no doubt that estimated billing needs to be eliminated.

Gas flaring occurs when upstream oil field operators opt to burn the associated gas that accompanies oil production, or simply release it into the atmosphere, rather than build equipment and pipeline...

On 19 July 2022, the President unveiled the Nigerian National Petroleum Company Limited (NNPC Ltd)

On Wednesday, 18th February 2026, President Bola Ahmed Tinubu issued Executive Order No. 9 dated 13th February 2026.

In March 2026, the Central Bank of Nigeria (CBN) introduced a significant shift in Nigeria's foreign exchange (FX)...

In its "State of Africa's Infrastructure Report 2025," the Africa Finance Corporation (AFC) presents a stark outlook for the continent's power sector, noting that electricity generation is growing at less than 2% annually...

Governments and their appointed regulatory bodies are fast recognizing the importance of sustainability and responsible business practices across the world and Nigeria is not an exception.

As the global focus shifts towards sustainability financing and investment, future proofing finance has become a critical component of the financial sector.

As we enter 2024, the global economic landscape remains dynamic and uncertain. Economies worldwide grapple with the negative impact of inflation...