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Our 2022 Oil and Gas Wrap-up Report spotlighted the Nigeria Energy Transition Plan (ETP). We identified its ambitious objectives for Nigeria to attain universal energy access by 2030, and a

The Nigerian Senate recently approved a US$500 million loan request by His Excellency, President Bola Ahmed Tinubu (GCFR) for the metering of electricity consumers in Nigeria in line with the Nigeria Distribution Sector Recovery Program (DISREP).

This has also seen a shift in focus by most affected businesses towards renewable energy solutions, though limited by the initial cost of uptake.

The year 2023 marked a decade, post-privatization of the power sector and witnessed significant legislative milestones which began with the enactment of the Constitution of the Federal Republic of Nigeria...

In July 2025, Backbone Infrastructure Nigeria Limited (BINL) signed a Memorandum of Understanding (MoU) with the Ondo State Government, executed through the Ondo State...

The Nigerian government has introduced a comprehensive tax incentive framework through the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, establishing three distinct production tax credit mechanisms designed to stimulate investment in deep offshore petroleum developments.

Nigeria remains at the forefront of Africa's M&A landscape, sustaining strong deal activity and reinforcing its role as one of the region's most active markets.

Nigeria's energy sector experienced significant turbulence in Q1 2026 as geopolitical conflict in the Middle East drove crude oil prices from $74 to over $110 per barrel, forcing domestic petrol prices to surge above N1,175 per litre. The quarter revealed both the stabilizing potential of domestic refining capacity and persistent vulnerabilities across upstream production, power grid infrastructure, and downstream fuel markets.

The deficiencies of Nigeria's power generation sector presents a significant opportunity for domestic power producers...

Prior to the outbreak of the COVID-19 pandemic in Nigeria, the Nigerian power sector had been enmeshed in lingering challenges of inadequate and obsolete power generation, transmission and distribution facilities.

The Executive Order issued by President Bola Ahmed Tinubu on 13th February 2026 must be examined within the constitutional framework governing petroleum resources and public revenue.

The Federal High Court, sitting in Yenagoa, recently delivered its judgment in a case between The Incorporated Trustees of the International Association of Drilling Contractors, Nigeria ...

On September 9, 2025, United Capital Infrastructure Fund (UCIF) announced the signing of a $3.2 million dollars (approximately N5 billion naira) revolving credit facility with Nigeria's leading clean energy company, Husk Power Energy Systems Nigeria Limited (Husk Power) at the Africa Climate Summit (ACS) in Addis Ababa.

The Petroleum Industry Act 2021 vests the Nigerian Midstream and Downstream Regulatory Authority with responsibility for the technical and commercial regulation midstream and downstream petroleum ...

The oil and gas industry has a significant impact on the Nigeria's economy.

The Nigerian Electricity Regulatory Commission (NERC) has announced that taking effect from 1 April 2020, it will be implementing reviewed electricity tariffs in line with its Multi-Year Tariff Order.

The outbreak of the COVID-19 Pandemic has dealt a severe blow to most economies in the world due to the lockdown and other containment measures adopted to mitigate the spread of the virus.

In our 2024 Mid-Year and End-of-Year Report, we highlighted key infrastructural development, emerging investments, and regulatory reforms in accelerating Nigeria's energy transition...