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The regulatory framework on Meter Asset Provider (Regulation) issued by the Nigerian Electricity Commission (NERC) came into effect on 8 March 2018 and became enforceable on 3 April 2018.

The dire need to ensure fair access, efficient and effective distribution of electricity is quite paramount in the electricity sector. In order to achieve this stride...

In recent years, Nigeria’s power sector has undergone a significant shift, from a centralized, government run monopoly to a more open and market-driven structure.

The transaction has been regarded as landmark for many reasons, not least because it is one of the world’s largest privatisations, and also because 70 per cent of the transaction was debt financed solely by local banks, a first of its kind.

This enthusiasm was not misplaced as the industry definitely required certainty about the direction in which Nigeria would like to take its Petroleum Industry.

Monthly update on Nigeria's petroleum, mining and power sectors.

Energy transition refers to the global shift from fossil fuels to renewable energy sources, aimed at reducing greenhouse gas emissions and tackling climate change.

The Dangote Refinery reportedly received only about five crude cargoes per month, compared to the estimated 13 required to meet optimal domestic demand, while several modular refineries fared even worse. Some modular plants, including OPAC, reportedly received little or no allocation under the DCSO framework or the naira-for-crude arrangement, leading to low-capacity utilisation and intermittent shutdowns

The global financial landscape is undergoing a transformative transition towards climate change mitigation and sustainable investment practices.

In a strategic effort to restructure Nigeria's fiscal framework and enhance revenue collection, the Nigerian government undertook a comprehensive overhaul of the nation's fiscal system.

If the Nigerian government-owned refineries were private businesses, the refineries would have been voluntarily wound up, liquidated, acquired by or merged with other viable refineries...

As part of the Federal Government's efforts to revamp the legal, economic and governance framework of the petroleum industry in Nigeria, President Muhammad Buhari recently signed into law the Petroleum Industry Act ...

The Lagos State Electricity Regulatory Commission (LASERC) has licensed two new electricity distribution companies namely Excel Distribution Company Limited and IE Energy Lagos...

In March 2026, a high-tension cable fell onto lower-voltage lines supplying homes in Manchok, Kaura Local Government Area of Kaduna State. The incident resulted in the deaths of three individuals, including a toddler and a 10-year-old, with three others sustaining injuries . In August 2025, a high tension power line snapped and fell directly on a point of sale (PoS) operator in Awka South Local Government Area of Anambra State, while he stood outside his business premises.

The Nigerian Upstream Petroleum (Commercial) Regulations 2025 introduce a more disciplined commercial framework for approving Field Development Plans, Annual Work Programmes, and Status Reports.

State internally generated revenue is the lifeblood of development and economic growth. It forms the financial bedrock upon which governments build infrastructure, deliver public goods/services

The energy sector is the primary driver of Nigeria's economy, accounting for the largest portion of the nation's foreign exchange revenues and GDP.