Nigeria–US Mining Investment Framework: Turning Diplomatic Commitments into Commercial Reality
Dear Readers, In September 2026, Nigeria and the United States signed a Memorandum of Understanding (MoU) aimed at facilitating American investment in Nigeria’s solid minerals sector, a sector with an estimated mineral resource base valued at US$700 billion, according to Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake. The framework was signed by […]
Advance Tax Rulings in Nigeria: When is Certainty Worth the Disclosure?
Introduction Before committing to a major transaction, a business wants to know what it will pay in tax. An advance tax ruling (“ATR”) gives it that answer, in writing, from the tax authority before the transaction is carried out. Before the Nigeria Tax Administration Act 2025 (“NTAA”), Nigerian taxpayers could obtain tax positions or rulings administratively, […]
Nigeria’s Proposed Eastern and Western Grids: Can New Infrastructure Deliver a More Reliable Electricity Supply?
Dear Readers, For many Nigerians, a disruption to the national grid is more than a headline. It can mean hours without electricity, higher diesel costs for businesses and interrupted production for industries that depend on a steady power supply. This is why the Federal Government’s latest plan to develop new Eastern and Western electricity grids […]
An Overview of Arbitral Process in Nigeria: A Practical Guide from Commencement to Award
INTRODUCTION When parties choose arbitration, they are not merely opting for an alternative to litigation but for a dispute resolution mechanism founded on party autonomy, procedural flexibility and neutrality. Unlike court proceedings where procedure is largely prescribed by law, arbitration allows parties considerable control over the manner in which their dispute is determined, including the […]
EXPANDING ACCESS TO NIGERIA’S UPSTREAM SECTOR: NUPRC LAUNCHES 2026 LICENSING ROUND
Dear Readers, The Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) has formally launched the 2026 Licensing Round, offering 40 oil and gas blocks across land, shallow water and deep-water terrains to qualified Nigerian and international investors. The announcement was made by the Commission’s Chief Executive, Mrs. Oritsemeyiwa Eyesan, at the Commission’s fifth anniversary […]
Deep Offshore Oil And Gas Projects Incentives (Tax Remission) Order, 2026: Nigeria Expands Fiscal Support For Deep Offshore Developments
Introduction On 6 August 2026, the President of the Federal Republic of Nigeria signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the “2026 Order”). The 2026 Order establishes a framework of tax remission incentives intended to encourage investment in qualifying deep offshore oil and gas developments and enhance the commercial […]
The Human and Regulatory Cost of Illegal Mining: Re-evaluating Nigeria’s Artisanal Mining Framework
Dear Readers, Nigeria’s solid minerals sector has in the last few years bolstered its efforts to establish itself as more than a footnote to oil. Last month, those efforts collided with a tragedy that has little to do with investment decks or licensing rounds. Thirty-seven detainees arrested in an anti-illegal mining raid reportedly died in […]
Guidelines on the Procedures for Technical Audit of the Transmission System and Network Data Validation
Introduction Nigeria’s transmission network remains the backbone of the Nigerian Electricity Supply Industry (“NESI”), serving as the critical link between the generation and distribution segments of the value chain. Despite recent investments in transmission infrastructure, a significant gap persists between the network’s installed (nameplate) capacity and its actual wheeling capability, with recurring grid disturbances underscoring […]
Nigeria’s Offshore Investment Outlook: US$30–50 billion in Projects Expected to Drive Upstream Growth Between 2026 and 2030
Nigeria’s upstream oil and gas sector is projected to witness significant offshore investment over the next four years, with at least 22 major offshore projects expected between 2026 and 2030. The Nigerian Upstream Petroleum Regulatory Commission (“NUPRC”) estimates that these projects have the potential to attract between US$30 billion and US$50 billion in investment. The […]
Building on Series I: Federal Government Set to Issue ₦729 Billion Series II Bond to Deepen Liquidity Restoration in Nigeria’s Power Sector
Dear Readers, Nigeria’s efforts to restore financial stability in its electricity sector have entered a new phase. Following the successful issuance of the ₦501 billion Series I bond, the Federal Government on 21 July 2026 announced plans to raise a further ₦729 billion Series II bond under the Presidential Power Sector Debt Reduction Programme […]
