Dentons (JD Supra Nigeria)
6 results for Dentons (JD Supra Nigeria)
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Operating in a Changing World: A Note on ESG-Related Compliance Obligations for Nigerian Companies
Introduction ESG — which stands for Environmental, Social and Governance — ensures that with the application of these three criteria, a company’s method of operations is considered alongside its profitability . ESG compliance therefore fuses ethical practices into business operations by ensuring that in addition to providing value for its investors, companies also add value to other stakeholders (
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An overview of the Lagos State Electric Power Sector Reform Law 2018
Lagos State Nigeria (the State), the commercial capital of Nigeria, initiated the Embedded Power Programme in 2017 as part of its project, popularly referred to as the “Light up Lagos Project”, to generate and distribute approximately 3,000MW off-grid power for public utility in the State (Project). The Project is a special initiative comprising of street lighting, community electrification and...
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Issues for investors' considerations affecting solar and thermal power projects in Nigeria
The Nigerian Electricity Supply Industry (NESI) is currently experiencing critical financial and operational hurdles which significantly affect ongoing and prospective renewable and non-renewable power projects. This paper seeks to highlight certain key (red flag) issues which any prospective investor in the NESI would need to consider in its investment due diligence.
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Reserve-based lending in Nigeria
2015 was a relatively active year for financing transactions in Nigeria's oil and gas sector. As well as facilities to fund the development of oil and gas assets, a significant number of facilities were provided to Nigerian companies to finance their acquisition of oil and gas assets. Most of the assets purchased were onshore oil and gas assets divested by international oil companies (IOCs).
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Nigeria’s Petroleum Industry Governance and Institutional Framework Bill 2015
Reform of Nigeria’s oil and gas sector has been at the top of President Muhammadu Buhari’s agenda since assuming office in May 2015. Despite being drafted in 2007, the 223-page Petroleum Industry Bill (PIB) has failed to become law, consequently creating uncertainty in the sector.
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A legal overview of M&A and financing transactions in Nigeria's oil and gas sector
1 Overview of M&A transactions - 1.1 Emergence of local champions - 2015 was a relatively robust year for M&A transactions in Nigeria's oil and gas industry. The majority of the transactions involved divestments by international oil companies (IOCs) of onshore oil and gas assets to Nigerian oil and gas companies, some of which (such as Seplat, Lekoil, Seven Energy and Oando) have...