The Deal Talk 2026
Nigeria’s regulatory landscape has shifted materially in 2025 and entered full implementation in January 2026. The new Tax Act, insurance reforms, banking recapitalisation, and its removal from the Financial Action Task Force (“FATF”) grey list represent the most significant restructuring of our financial framework in decades. For infrastructure and project finance, the implications are tangible. […]
Nigeria 2025 Licensing Round
On November 11, 2025, the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) announced that Nigeria’s 2025 Licensing Round will commence on December 1, 2025. The announcement was made by the Commission’s Chief Executive, Engineer Gbenga Komolafe, at the 1MMBOPD Additional Production Investment Forum in London. The licensing round focuses on discovered but undeveloped […]
New Milestone In Electricity Market Reform: Federal Government Successfully Issues ₦501 Billion Inaugural Power Sector Bond
Dear Readers, Nigeria’s electricity market has now reached a defining moment. In a landmark move aimed at restoring confidence and financial stability in the sector, the Federal Government has successfully issued a ₦501 billion inaugural power sector bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), championed by President Bola Ahmed Tinubu. The successful […]
End-Of-Year Report on the Nigerian Oil And Gas Industry
INTRODUCTION As we enter the new year, it is important to reflect on the major developments that shaped Nigeria’s oil and gas industry in 2025. The sector continued to evolve under the framework of the Petroleum Industry Act (PIA), 2021 and the current administration’s six policy directives: Presidential Directives 40 (Tax Incentives Order 2024), 41 […]
2025 End-Of-The-Year Report on the Nigerian Power Sector
Introduction The year 2025 has seen concerted efforts to enhance performance and strengthen investor confidence across all segments of the Power Sector value chain. As highlighted in our 2025 Mid-Year Report on the Nigerian Power Sector (“2025 Mid-Year Report”), several key regulatory instruments were introduced to improve grid stability, governance, operational discipline and market […]
The Nigeria Mining Sector- 2025 End-Of-Year Report
INTRODUCTION The year 2025 marks a historic inflexion point for Nigeria’s mining and solid minerals sector. It is the final year of the 10-year implementation horizon set by the 2016 Mining Roadmap (“the Roadmap”) and, at the same time, the foundation year for a new, more targeted policy era anchored on energy transition and critical […]
TSKJ Construcoes Internacional Sociadade Uniperssoal LDA
The issue of Court’s jurisdiction is without doubt a radical and crucial question of competence. If a court has no jurisdiction, the proceedings are and remain a nullity, however well conducted and brilliantly decided they might have otherwise been. The reason is that, a defect in competence is not intrinsic to, but rather, it is […]
Environmental Taxation in Nigeria
In the waning decades of the 20th century, the world stood at a crossroads, facing the mounting consequences of unchecked industrialization, environmental degradation, and widening social disparities. The relentless pursuit of economic growth had come at a steep cost, exposing the fragility of ecosystems and the inequities embedded in industrial global development. In response, a […]
𝐍𝐢𝐠𝐞𝐫𝐢𝐚 𝐉𝐨𝐢𝐧𝐬 𝐭𝐡𝐞 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐖𝐞𝐬𝐭 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐏𝐨𝐰𝐞𝐫 𝐆𝐫𝐢𝐝: 𝐀 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐏𝐨𝐰𝐞𝐫 𝐒𝐡𝐢𝐟𝐭?
As the year winds down, the power sector has quietly marked a breakthrough that could redefine regional energy dynamics. On November 8, 2025, Nigeria achieved what has eluded the industry for nearly two decades: a successful, four-hour (between 05:04 a.m. and 09:04 a.m.) synchronization of the Nigerian national electricity grid with the regional West African […]
Assignments Under the Petroleum Industry Act: Investor Considerations from Upstream to Downstream Part 2
In Part 1 of this article series, we examined the regulatory framework governing the assignment of interests in Nigeria’s upstream oil and gas sector under the Petroleum Industry Act (PIA). We highlighted the types of transactions that require ministerial consent, those that do not, the fees involved, and the consequences for non-compliance. A solid understanding […]
