868 results found

As Africa's largest oil producer, Nigeria's growth outlook and fiscal position have been implicated negatively by ‘half-priced' oil.

The Nigerian Electricity Regulatory Commission (NERC)'s Customer Protection Regulations 2023 (the "Regulations") governs various aspects of interactions between customer...

I'm not exactly a fan of this phrase.

Bloomfield LP ("Bloomfield"), is pleased to have advised the Federal Government of Nigeria ("FGN"), on the transfer of the one hundred percent (100%)...

In line with the constitutional power to make relevant executive Orders and the provisions of the Nigerian Oil and Gas Industry Content Development Act, 2010, the President of the Federal Republic of Nigeria enacted the ...

The Nigerian oil and gas sector has practically sustained the entire national economy since the discovery of crude oil in the country. Although some argue that the oil boom led to the stagnation...

Pursuant to Sections 34 and 226(1) of the Electricity Act 2023 (the "Act"), the Nigerian Electricity Regulatory Commission ("NERC") published the Code of Corporate Governance...

The year 2025 has seen concerted efforts to enhance performance and strengthen investor confidence across all segments of the Power Sector value chain.

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

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

In Nigeria, oil and gas play a pivotal role in the country's economy being the government main source of income. Thus, the oil and gas industry is often susceptible to many legal risks and conflicts.

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.

Under the old regime of the Petroleum Act 1969, upon the grant of an OEL and subsequent discovery of hydrocarbon within the licence area, a licensee who intended to proceed to the next stage of upstream petroleum operations ...