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Nigeria recorded a Gross Domestic Product (GDP) growth of 4.03% (year-on-year) in 2021, exceeding its projected GDP growth rate of 3% for the fiscal year.

On Tuesday, 8 October 2019, President Muhammadu Buhari presented the proposed 2020 budget of the Federal Government of Nigeria to the joint session of the National Assembly (NASS),

This Stakeholders' Report outlines key regulatory and policy developments relevant to Power and Renewable Energy Companies covering the period from January 2025 to December 2025.

On 30 April 2025, the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, signed into law the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025 via Statutory Instrument No. 22 of 2025.

The President of the Federal Republic of Nigeria, President Muhammadu Buhari, finally signed the Petroleum Industry Bill ("PIB") 2021 (now Petroleum Industry Act, "PIA", the "Act") into law on August 16, 2021, well over a decade after the first draft of the Bill was presented to the National Assembly.

Nigeria and Ghana are entering a more disciplined execution phase in their energy and natural resources sectors, marked by firmer regulation, active project delivery, and clearer investment signals. Upstream activity is intensifying with over 300 firms competing for oil blocks, while gas pricing adjustments and power sector reforms point to coordinated efforts to stabilise markets and expand supply across both nations.

The World Intellectual Property Organisation (WIPO) Nigeria Office has partnered with the Japan Patent Office to create two initiatives aimed at promoting sustainable development...

Today, the 29th of September marks the 2022 World Maritime Day. The theme "New Technologies for Greener Shipping" was chosen by the International Maritime Organization (IMO) to promote the use of

Sustainable business practices Nigeria companies adopt often deliver cost savings that exceed initial implementation investments.

Sustainable business practices Nigeria companies implement today will determine their market position tomorrow. The most effective practices combine environmental benefits with measurable economic returns.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has now launched the dedicated bid portal (https://br2025.nuprc.gov.ng/) for registrations and submissions...

With immense growth in technology and globalization, cross-border investments have taken prime positions in global economies. As a developing country with immeasurable growth potential...

In this Q&A guide, we break down the key regulatory bodies, licensing regimes, business models, and fiscal requirements governing the oil and gas industry in Nigeria.

Recently, President Bola Ahmed Tinubu inaugurated the new 350 Mega Watt (MW) Gwagwalada Independent Thermal Power Plant (Phase 1), projected to be completed within three (3) years.

ESG trends Nigeria is forcing oil and gas companies to diversify their portfolios and invest heavily in renewable energy and cleaner technologies.

In furtherance of the implementation of the Nigerian Electricity Regulatory Commission ("NERC")'s Order No. NERC/183/2019, which mandates the migration of Industrial...

The Nigerian renewable energy market analysis reveals significant expansion plans for both solar and wind power sectors, driven by favorable policies and decreasing technology costs.

The Nigerian renewable energy market faces significant challenges that require innovative solutions to achieve ambitious growth targets and market potential.