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Article
PwC's Economic Scenarios For 2015 And 2016
Oil is Nigeria's main source of foreign exchange earnings and government financing. As a result, growth expectations for the economy have deteriorated following recent drop in oil prices.
NigeriaStrategy
PwC Nigeria
Article
A New TAT Ruling Requires FIRS To Accept Tax Returns Prepared By Parties To Production Sharing Contracts
The Tax Appeal Tribunal on 20 March 2015 held that the Federal Inland Revenue Service should consider tax computations prepared by parties to a Production Sharing Contract in assessing PSC parties to Petroleum Profits Tax.
NigeriaTax
PwC Nigeria

Article

Dangote’s 1,000+ CNG Truck Order Signals Freight Market Transformation

Dangote Group's order of over 1,000 CNG-powered trucks from China represents a strategic shift in Nigeria's freight sector, driven by the need to reduce diesel dependency and improve logistics efficiency. This large-scale transition to compressed natural gas reflects broader alignment between corporate transport strategies and national energy priorities, while opening new opportunities across vehicle supply chains, conversion infrastructure, and fuel distribution networks.

NigeriaTransport

Adams & Adams

Federal Government Of Nigeria Introduces Cost Efficiency Incentive Framework For Upstream Operators

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.

NigeriaEnergy and Natural Resources

KPMG in Nigeria

Review Of The Petroleum Industry Act 2021

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.

NigeriaEnergy and Natural Resources

Tope Adebayo LP

TEMPLARS Transcripts | Energy & Natural Resources May 2026

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.

NigeriaEnergy and Natural Resources

Tax Appeal Tribunal Supports Tax Deduction For Modified Carry Arrangement Costs

Typically, a Modified Carry Arrangement is where an oil company finances petroleum operations on behalf of all parties to the contract including the NNPC and the oil company is expected to recover its cost...

What Sustainable Business Practices Nigeria Companies Should Adopt For Growth

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

NigeriaCorporate/Commercial Law

Novatia Consulting

2025 Oil Licensing Round: What To Know About The New Bid Portal, Fiscal Terms And Contracting Models

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

NigeriaEnergy and Natural Resources

Aluko & Oyebode

Advancing The Net Zero Transition: A Critical Review Of The Laws On Decarbonisation Of The Nigerian Gas Sector

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...

NigeriaEnergy and Natural Resources

Alliance Law Firm

Doing Business In Nigeria: Practical Guide On Navigating The Oil & Gas Industry

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.

NigeriaEnergy and Natural Resources

Stren and Blan Partners

Empowering The Future: Analysing Regulatory Policies To Catalyse Investment In Renewable Thermal Energy 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.

NigeriaEnergy and Natural Resources

Tope Adebayo LP

ESG Trends Nigeria: Oil And Gas Companies' Transition To Clean Energy

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

NigeriaEnergy and Natural Resources

Novatia Consulting

House Of Representatives Passes Petroleum Industry Governance Bill

The House of Representatives (HoR) on Wednesday, 17 January 2018, passed the Petroleum Industry Governance Bill ("PIGB" or "the Bill") following its third reading at the House.

NigeriaEnergy and Natural Resources

Deloitte Nigeria

NERC's Guidelines On The Registration And Engagement Of Third‑Party Collection Service Providers

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

NigeriaEnergy and Natural Resources

Tope Adebayo LP

Nigeria 2025  Licensing  Round

NUPRC has announced that 50 blocks are up for offer in the 2025 Licensing Round commencing on December 1, 2025.

NigeriaEnergy and Natural Resources

Tope Adebayo LP

Power Sector News Updates

The Special Adviser to the President on Energy, Olu Verheijen, during an interview with Bloomberg in Dar es Salaam, Tanzania. Verheijen stated that the FGN plan to transition to a cost-efficient but cost-reflective tariff, to ensure the sector generates revenue required to attract private capital while also protecting the poor and vulnerable.

NigeriaEnergy and Natural Resources

KPMG in Nigeria

The Iran–U.S. Conflict And Nigeria's Energy Outlook: Implications, Strategic Opportunities And Investment Signals In A Volatile Global Market

The escalating conflict between Iran and the United States reached a critical point on 28th February 2026, when a coordinated military operation by the US and Israel...

NigeriaEnergy and Natural Resources

Stren and Blan Partners

The Petroleum Industry Act 2021 (KMO Legal Newsletter – November 2021)

The Petroleum Industry Act 2021 (PIA) is now the uniform legal framework in the Petroleum Industry in Nigeria.

NigeriaEnergy and Natural Resources

Kevin Martin Ogwemoh Legal

The President Clarifies Oversight Responsibility For Crude Oil Export Terminals And Integrated...

On 7 August, 2023, the President issued policy directives to clarify responsibility for the management and control of crude oil export terminals.

NigeriaEnergy and Natural Resources

KPMG in Nigeria

Showing 41–60 of 866 results

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