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On 17th March 2023, the President of the Federal Republic of Nigeria, Muhammadu Buhari, (the "President") signed into law 16...

The statutory framework of oil and gas cuts across the ownership, control, operation of oil and gas in Nigeria. Various legislations govern oil and gas investment in Nigeria.

The Hydrocarbons sector have played and still play a vital role in the economic growth of Nigeria and Africa.

The oil and gas industry is a vital driver of global economic activity. Its projects are transnational, highly capital-intensive, and governed by a complex web of commercial contracts...

Nigeria's power sector sees significant regulatory updates as NERC issues the Mini-Grid Regulations 2026, establishing comprehensive frameworks for capacity thresholds, tariff design, grid arrival protocols, and exclusivity arrangements. Concurrently, new transmission loss reporting requirements aim to enhance grid transparency and operational efficiency across regional networks.

The enactment of the Petroleum Industry Act 2021 ("PIA") represents the most comprehensive reform of Nigeria's petroleum sector since the Petroleum Act of 1969. A defining feature of this transformation is the departure...

Nigeria's petroleum landscape witnessed a slew of regulatory reforms and private sector commercial realignments in 2025. The year was marked by increased policy and investment activities across the upstream, midstream, and downstream segments.

Globalization and the varying human and capital resources have greatly emphasized International trade as a great driver of economic growth and development and it is not hyperbolic to state that no country can survive

Nigeria’s electricity sector has remained the subject of persistent debate, reform efforts, and unfulfilled promises. Successive administrations since the 1990s have pledged comprehensive transformation of the industry. While some achieved limited structural reforms, many produced little beyond policy papers and committees. The consequence has been a power sector that continues to underperform, with Nigeria generating less electricity per capita than several of its African counterparts.

Nigeria's 2025 Petroleum Licensing Round (the "Licensing Round") is a competitive, performance-driven allocation process that will determine the next wave of Petroleum Prospecting Licence ("PPL") holders...

Nigeria is currently the largest oil producing country in Sub-Saharan Africa and the tenth largest producer in the world. The oil and gas sector accounts for about 60% of government's total revenue and more than 90% of its foreign exchange receipts upon which all tiers of government depend.

The statutory basis of the 6th August 2026 executive order, what it replaces, what it preserves, where discretion still sits, and why it matters to investors, lenders, and project sponsors.

Nigeria seeks to increase the effectiveness and reliability of its power sector. It has established a framework that aims to facilitate a more competitive environment by promoting direct contracts...

Earlier this year, on 19th May 2017, a critical step forward in the Nigerian Electricity market was realised, with the issuance by the Minister in charge of Energy of the directive on Eligible Customers ...

The President of Nigeria is empowered to exercise certain powers by virtue of clear provisions of the Nigerian Constitution (the "Constitution" as amended) and certain other pieces of legislation.

Nigeria's aspiration to transition into a gas-driven economy has long been constrained less by resource availability than by market structure.

This update highlights recent regulatory and market developments in Nigeria's power sector, including Lagos State's ongoing transition towards a cost-reflective electricity market and the key implications for electricity sector participants.

Nigeria and other state parties to the Paris Agreement are required to submit their national climate action plans, known as Nationally Determined Contributions, which outline how they plan to reduce greenhouse gas emissions to help meet the Paris Agreement's global goal of limiting temperature rise to 1.5 ºC and adapt to the impacts of climate change.