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NERC’S ORDER ON THE TRANSITION TO BILATERAL TRADING IN THE NESI AND THE IMPACT OF NBET BEING PHASED OUT OF THE NESI

NERC’S ORDER ON THE TRANSITION TO BILATERAL TRADING IN THE NESI AND THE IMPACT OF NBET BEING PHASED OUT OF THE NESI

by Detail Commercial Solicitors | Sep 9, 2024 | Newsletters

This newsletter provides insight into exit of Nigerian Bulk Electricity Trading Plc. (“NBET”) from the Nigerian Electricity Supply Industry (“NESI”) which creates a bilateral contract market arrangement, as well as reviews the Nigerian Electricity Regulatory...
Climate Finance and the Role of Green Banks

Climate Finance and the Role of Green Banks

by Detail Commercial Solicitors | Mar 11, 2024 | Newsletters

Further to the Paris Agreement, a legally binding international treaty on climate change adopted by one hundred and ninety-six (196) parties at the UN Climate Change Conference in Paris, on 12th December 2015 (COP21), countries and their institutional Banks have begun...
NERC Intensifies Compliance Checks on Nigerian Power Sector Licensees

NERC Intensifies Compliance Checks on Nigerian Power Sector Licensees

by Detail Commercial Solicitors | Oct 11, 2023 | Newsletters

The Nigerian Electricity Regulatory Commission (NERC) is ramping up efforts to ensure adherence to regulations within the country’s power sector. In response to concerns about compliance, NERC is intensifying its scrutiny of power sector licensees. This move is...
OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET

OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET

by Detail Commercial Solicitors | Aug 4, 2023 | Newsletters

The Central Bank of Nigeria (“CBN”) recently introduced notable changes to the Foreign Exchange (“FX”) market regime in Nigeria, through a circular titled: ‘Operational Changes to the Foreign Exchange Market’ (the “Circular”). In this article, we highlight some of the...
REGULATORY UPDATE: PRESIDENT ASSENTS THE ELECTRICITY ACT

REGULATORY UPDATE: PRESIDENT ASSENTS THE ELECTRICITY ACT

by Detail Commercial Solicitors | Jun 22, 2023 | Newsletters

In recent times, legislative actions have been taken to reshape the Nigerian Electricity Supply Industry (“NESI”) with a view to realign post-privatisation issues and expectations of stakeholders in the NESI. On 17th March, 2023, the Constitution of the Federal...
The Prospects of Achieving the Nigerian Energy Transition Plan

The Prospects of Achieving the Nigerian Energy Transition Plan

by Detail Commercial Solicitors | Jan 19, 2023 | Newsletters

The 27th session of the Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC) brought together world leaders to discuss issues related to climate change, with a focus on food security, water security, climate finance,...
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