The Finance Act 2019 (the "Finance Act") was passed into law on 13th January 2020 and came into effect. on the same date.

On December 18, 2019, about four months before the tenth anniversary of the enactment of the Nigerian Oil and Gas Industry Content Development Act, 9 members of the National Assembly, including the current speaker ...

The Companies and Allied Matters Act 2020 ("CAMA 2020") was signed into law by President Muhammadu Buhari on 7th August 2020. The CAMA 2020 repealed the ...

Nigeria's 2025 Petroleum Licensing Round offers 50 blocks across the Niger Delta, deep offshore, and frontier basins, targeting USD 10 billion in investment under the Petroleum Industry Act. With nearly 300 applicants competing, the round represents the most ambitious upstream acreage release in Nigeria's post-PIA era, testing the country's reformed regulatory framework at unprecedented scale.

The year 2025 recorded a number of important arbitration decisions by the Nigerian courts in the area of arbitration. These decisions demonstrate the pro- arbitration posture of the Nigerian courts, particularly the appellate courts.

The Companies and Allied Matters Act 2020 ("CAMA 2020") was signed into law by President Muhammadu Buhari on 7th August 2020.

The advent of blockchain technology has immensely impacted operations in the Nigerian financial ecosystem. Smart contracts, among various blockchain technology innovations, have one of the most...

Nigeria's ongoing 2025 Petroleum Licensing Round represents the most ambitious upstream acreage release under the Petroleum Industry Act, 2021 (PIA).

Festus Onyia, Mesuabari Mene-Josiah, Titilola Olatunde-Fasogbon, and Michael Ugah from Udo Udoma & Belo-Osagie's Dispute Resolution team examine Nigeria's National Policy on Arbitration and Alternative Dispute Resolution (ADR), 2024 in the 2026 edition of The Middle Eastern and African Arbitration Review. The publication explores how this ambitious policy aims to strengthen institutional capacity, enhance governmental participation in arbitration, and position Nigeria as Africa's leading arbitration hub.

The financial technology ("Fintech") sector in Nigeria experienced significant growth and advancements in 2024. This was driven by the collaborative efforts of industry players, regulators, and government agencies.

In Nigeria, tax controversies could arise from several scenarios following various interactions between the taxpayer and the relevant tax authority (RTA), which could be either the Federal Inland Revenue Service (FIRS)...

The financial technology ("Fintech") sector in Nigeria experienced significant transformations across various segments in the first half of this year.

Prior to 2005, the Nigerian power sector was largely government-owned. With the enactment of the Electric Power Sector Reform Act in 2005, this monopoly was unbundled and the sector was reformed with the privatisation ...

In December 2020, the Central Bank of Nigeria (the "CBN") published a circular on the licence categorisations for operators in the Nigerian payments system (the "Circular").

Inside Nigeria's gas-flare commercialisation pivot: investability, bankability, enforcement credibility and the gas-to-power opportunity

Petroleum industry analysts forecast a positive turn for Nigerian oil and gas in 2023, with onshore volume recovery, incremental growth from shallow water...

Recent industry reports track a discernible shift in the African private capital industry towards smaller deals and a dominance of venture capital deals, reflecting a cautious yet active investment landscape.

Nigeria and South Africa remain two of Africa’s most significant energy markets, with substantial natural resources, sophisticated financial ecosystems, and growing ambitions to lead the continent’s evolving energy economy. However, despite their strategic importance, the full potential for cross-border energy investment and collaboration between both jurisdictions remains largely untapped.

Recent industry reports track a discernible shift in the African private capital industry towards smaller deals and a dominance of venture capital deal, reflecting a cautious yet active investment landscape.

Petroleum industry analysts forecast a positive turn for Nigerian oil and gas in 2023, with onshore volume recovery, incremental growth from shallow water projects ...