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Lift of Suspension on Pioneer Status Incentives and Inclusion of 27 New Industries for Pioneer Status

Detail Solicitors | Aug 7, 2017 | Articles

On 7th August, 2017, the Federal Government of Nigeria announced the lifting of an administrative suspension on the processing of Pioneer Status Incentive (PSI) applications following a comprehensive review and reform of the process. The Government also released a...

Release of General Requirements and Guidance Information for the Establishment of Modular Refineries in Nigeria

Detail Solicitors | Aug 5, 2017 | Articles

The Department of Petroleum Resources (the DPR) recently released the General Requirements and Guidance Information for the Establishment of Modular Refineries in Nigeria (the Guidelines). The Guidelines was published to promote the establishment of third party...

Review of the Collateral Registry Act and Prospects for Credit Access Expansion in Nigeria

Detail Solicitors | Aug 2, 2017 | Newsletters

A.    Background Out of the estimated 37 million micro, small, and medium-sized enterprises (MSMEs) in Nigeria, only 31% are able to access credit for their businesses from local financial institutions (commercial and micro finance banks). As at Q4 2015, loans to...

“Engineering Meets Finance” – DETAIL & ILF Business Consult Host Project Development Financing Seminar

Detail Solicitors | Jul 7, 2017 | News & Events

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Review of the Petroleum Industry Governance Bill

Detail Solicitors | Jul 3, 2017 | Newsletters

A.    Introduction For over five decades, the petroleum industry in Nigeria has remained the bedrock of the Nigerian economy (it accounts for 90% of foreign exchange earnings and about 80% of recurrent and capital expenditures). In spite of this, there have been calls...
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