In the preceding article of this series, we examined a number of modifications made by the Petroleum Industry Act (PIA) 2021 to the Oil Prospecting Licence (OPL) regime in Nigeria ...

On August 26, 2025, the Nigerian Electricity Regulatory Commission ("NERC"), pursuant to Section 34 of the Electricity Act (the "Act")...

On the 28th of February 2024, the President of the Federal Republic of Nigeria signed a Presidential Order and 2 Directives (the "Presidential Directives")...

Following the 2023 amendment of the Constitution of the Federal Republic of Nigeria 1999 and the enactment of the Electricity Act 2023 (the "Act") which provides the framework for the decentralization of regulation...

Gas flaring occurs when upstream oil field operators opt to burn the associated gas that accompanies oil production, or simply release it into the atmosphere, rather than build equipment and pipeline...

In March 2026, the Central Bank of Nigeria (CBN) introduced a significant shift in Nigeria's foreign exchange (FX)...

In its "State of Africa's Infrastructure Report 2025," the Africa Finance Corporation (AFC) presents a stark outlook for the continent's power sector, noting that electricity generation is growing at less than 2% annually...

Assets, in their various forms, are not just sources of investments in developing and developed countries but also vulnerable to the influence of state policies. These assets, often the result of significant investments.

(NIIRA 2025). This landmark legislation repeals the Insurance Act, 2003, and consolidates related provisions, ushering in a modern regulatory framework designed to strengthen financial resilience, improve market conduct, enhance governance, and protect policyholders.

The entire gamut of the law of defamation revolves around two forms: libel (written) and slander (oral). Carefully observing how this law operates will lead to the undeniable...

Many Nigerian investors today face a vast and diverse financial market, filled with numerous options such as stocks, bonds, mutual funds, and derivatives.

This article analyses the key provisions of the Nigeria Tax Act 2025 (the NTA or the new Act) relating to levies, tax incentives, and repeal/savings provisions.

The Deduction of Tax at Source (Withholding) Regulation, 2024, was issued by the Federal Ministry of Finance, on July 1, 2024. It stipulates the rules for deducting taxes from payments...

The Nigerian mining sector showed considerable resilience and potential for growth in 2024, despite ongoing challenges. The National Bureau of Statistics recently reported that Nigeria's GDP grew by 3.19%.

In a bold play to reclaim control of Africa's energy destiny, the African Export–Import Bank (Afreximbank) has pledged $3 billion to finance the purchase of locally refined petroleum products across the continent.

In Part 1 of our article, we explored the opportunities and challenges associated with Deep Sea Mining (DSM), with a focus on the role of the International Seabed Authority (ISA)...

Nigeria is making significant progress in closing its electricity access gap, with the International Finance Corporation (IFC) partnering with five Distributed Renewable Energy (DRE)...

A lot has been said about the ex parte order granted by the Judicial Court of Paris on 14th August 2024 for the interim attachment of three aircrafts belonging to the Nigerian government. This development...

Are you a property owner or developer with existing developments lacking proper Planning Permits? This is to inform you that the Lagos State Government is granting a 90-day amnesty period from May 2nd to July 30th, 2024.

Nigeria ranks as the 15th largest oil producer globally and the leading producer on the African continent. It also holds the largest proven natural gas reserves in Africa.