Marginal Oil fields

Marginal Fields: What happens to the operator when an OML is revoked?

Word is out that the Federal Government of Nigeria is set to commence a new bid round for the allocation of marginal fields. Thinking about marginal fields, essentially a small area of a wider...
Lekki Ikoyi Bridge

Lagos State Public Private Partnership

Introduction On 24 June 2011, the Lagos State Government passed into law the Public Private Partnership Law 2011 (PPP Law). The PPP Law which is the State Government’s latest attempt to further refine the legal...
Cybersquatting

Cybersquatting Under the Nigerian Law

Introduction As aptly noted by W. Cornish & D. Llewellyn, in their book, Intellectual Property: Patents, Copyright, Trademarks and Allied Rights, Sixth Edition, Sweet & Maxwell, London, p.862: “As E-commerce has grown, the internet has become...
Business in Nigeria

Business in Nigeria – current state of play

Nigeria has been ranked the nineteenth most attractive economy for investments flowing into the African continent. In 2015, it was estimated that Nigeria attracted a net foreign direct investment of US$3.1 billion. Although the Nigerian...
Oil and Gas

National Gas Policy – Series I(Governance and Industry Structure)

Background The first half of 2017 ended on a positive note with the approval by the Federal government of Nigeria (FGN), of the National Gas Policy (the Policy) which articulates Government’s medium to long-term targets...
CBN

CBN Guidelines on Importation

In an effort to ensure the stability of Nigeria’s foreign exchange market, the Central Bank of Nigeria ( CBN ), has issued a series of circulars excluding certain goods and services from the list...
NERC Regulations for Mini-Grids

The NERC Regulations for Mini-Grids.

With her energy demand outstripping supply, and transmission constraints and other challenges plaguing her on-grid electricity market, Nigeria has begun to adopt policy initiatives aimed at supporting the commercialisation and rapid deployment of mini-grids...
NDPHC

NDPHC Resumes NIPP GENCO Privatisation Process

The Federal Government of Nigeria (FGN) recently announced that it will be recommencing the process for the privatization of three electricity generation assets, viz: (i) a 634MW gas plant located in Calabar, Cross River State; (ii)...

Vessel operating expenses incurred while under detention by pirates are allowable in general average

General average, as a concept of antiquity, emerged before the advent of marine insurance as an independent mechanism for the redistribution of losses suffered and expenses incurred for safety from peril of the common...
NESG

The Nigerian Economic Summit, 2017 – Key Takeaways

As Nigeria seeks to sustain its recovery from its first economic recession in over two decades, the nation’s economic policy and business environment are again at the forefront of national discourse. Of the various fora...