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This move has generally encouraged movement both domestically and internationally, increasing the demand for petroleum and related products.

2020 has been unprecedented in the scale and magnitude of economic turbulence both globally and locally.

We think it's worth taking a second look at NNPC Limited's planned IPO, with consideration given to deferring the process. Below, we highlight some of the key strategic considerations informing this perspective.

It is no news that the national grid has failed to provide a sustainable and reliable source of electricity supply for domestic and industrial consumers in order to sustain a rapidly growing Nigerian population and economy.

The inception of this policy has triggered reviews for and against the current regime on the side of the eligible customers, the DisCos and the GenCos alike.

The newly enacted Petroleum Industry Act, 2021 (PIA) provides for the overhaul of the institutional, regulatory and fiscal framework for Nigeria's petroleum industry.

Nigeria, with over 210 trillion cubic feet of proven natural gas reserves, the largest in Africa and the eighth largest globally, still struggles to fully harness this wealth...

The Nigerian Ministry of Interior recently released a circular informing the public of a revised Handbook on Expatriate Quota Administration for 2022 which was published on the ECitibiz portal.

In Part 1 of this article series on Nigeria's evolving gas pricing mechanism, we discussed the foundational principles guiding Domestic Base Pricing (DBP) in Nigeria's domestic gas market.

Where an interest holder becomes insolvent, the Minister of Petroleum Resources generally does not have the power to terminate the licence or lease except where the insolvency has led to a breach of any of the terms ...

In a strategic development poised to reshape Nigeria's industrial landscape, China is set to deepen its collaboration with Nigeria through the establishment of electric vehicle (EV) factories.

Recently, the new Nigerian National Petroleum Company Limited (NNPC) was unveiled. Some of the implications and intriguing facts about the Petroleum Industry Act ("PIA") 2021 are highlighted in these slides.

We are pleased to publish our survey report on employers' response to the removal of subsidy on the pump price of Premium Motor Spirit (PMS) (otherwise called Petrol or Fuel)...

The Nigerian Electricity Regulatory Commission ("NERC" or the "Commission") has delegated regulatory authority over Oyo State's power market to the Oyo State Electricity Regulatory Commission...

Flaring of associated gas during oil production significantly impacts a nation's environment, health, and finances.

Nigeria's electricity market has now reached a defining moment. In a landmark move aimed at restoring confidence and financial stability in the sector...

The Federal Government of Nigeria (FGN) is set to revoke over 1,000 inactive mining licences. This move is part of its ongoing economic and technical reforms aimed at revitalising Nigeria's mining sector and driving industrial growth.