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The above definition accommodates any international or Nigerian company that is operating in the oil and gas industry in Nigeria.

On February 28, 2024, President Bola Ahmed Tinubu issued the Oil and Gas Companies (Tax Incentives, Exemption, Remission. Etc.) Order 2024 (the "Order") which granted specific tax...

The bilateral power contracts introduced by NERC to aid the direct sale of power from Generation Companies to Distribution Companies may be challenged by the liquidity challenges faced by most of the DisCos.

Two recent events gave rise to this article's title. One, the approval of the National Tax Policy (NTP) by the Federal Executive Council - a news items that could easily have passed unnoticed in the din of advocacy/intrigues over the President's extended absence.

On July 19, 2022, the Nigerian government made an official announcement confirming the complete transformation of the Nigerian National Petroleum Corporation (NNPC) into NNPC Limited (NNPCL).

From the year 2011 to 2020[1] , Nigeria was consistently ranked poorly out of about 190 countries in the World Bank's Ease of Doing Business Rankings, with average or less than average doing business scores.

Nigeria is the largest market in Africa and one of the fastest growing countries in the world. The country has a thriving and relatively easy business environment with numerous investment opportunities in various sectors.

One of the interesting parts of the Budget speech is the proposed reduction in tax rates for small businesses.

Nigeria is the maritime backbone of West Africa. Its coastline stretches over 850 kilometres and is home to strategically located ports including Apapa, Tin Can Island...

The Nigerian Electricity Regulatory Commission (NERC), which is the apex regulator of the Nigerian Electricity Supply Industry (NESI), recently released its current guidelines as a component of its 2023...

Renewable energy deals with power generation from resources such as solar, wind, biomass, and hydropower, etc.

The Nigerian National Petroleum Corporation ("NNPC") is required under the new Petroleum Act ("PIA") 2021 to change its structure to a ‘commercially viable' entity in the form of a limited liability company.

Rising costs. Delayed timelines. Frustrated partners. These are just a few of the issues that can arise when a contract does not anticipate unexpected increases in the cost of materials, labour, or fuel.

On 16 August 2021, President Muhammadu Buhari signed the Petroleum Industry Bill (PIB) into law. This put an end to the two decades of attempts made to pass the PIB.

Nigeria's electricity regulator has published updated Mini-Grid Regulations that significantly expand capacity thresholds, streamline administrative processes, and introduce risk-based environmental compliance frameworks. These reforms aim to transform mini-grids from peripheral infrastructure into central components of Nigeria's electrification strategy, addressing access gaps in unserved and underserved communities while enabling commercial-scale power generation.

The Nigerian Electricity Regulatory Commission (NERC)" is the independent body established by section 31 of the Electric Power Sector Reform Act ("EPSR Act") 2005 to undertake technical...

The privatisiation process, initiated in 1999 and reaching a definitive milestone in 2013, has been one of the most talked about developments and investment opportunities in the region. In placing all power generation and distribution infrastructure in private sector hands, the reforms hope to completely reshape the industry.