General News
Legal Experts Convene to Deepen Knowledge in Nigeria’s Oil & Gas Sector
Global law firm Hogan Lovells, in collaboration with Aluko & Oyebode and Lagos Chamber of Commerce International Arbitration Centre (LACIAC), partnered with the Legal Division of NLNG, to host a two-day legal training session for select participants of the Nigeria LNG Limited (NLNG).
The symposium, which took place recently at the NLNG premises in Bonny Island, presented a rare opportunity for participants to engage in constructive and interactive sessions with legal experts.
The panel of speakers included Hogan Lovells’ London-based partners Nathan Searle, Angus Rankin, and Hogan Lovells International Arbitration Lawyer, Dr Ademola Bamgbose; Babatunde Fagbohunlu, SAN, Ngo-Martins Okonmah Construction Law and Arbitration lawyer, and Dare Senbore of Aluko & Oyebode; and Funmi Iyayi, Managing Director, LACIAC.
The discussions revolved around the management of legal risk and in particular, international business disputes particularly with regards to Engineering, Procurement and Construction Contracts in the oil and gas sector with an overview of the governing laws of the industry and challenges experienced by arbitration practitioners in the Nigerian context.
The session provided a platform for participants to discuss global best legal practices and trends, as well as explore the issues and opportunities across the Liquefied Natural Gas (LNG) sector in Nigeria.
Speaking at the event, Nathan Searle, Hogan Lovells partner, expressed confidence in Nigeria’s oil and gas industry and said it has a strong future.
Acknowledging that Nigeria has one of the largest gas reserves in the world, with NLNG being the fifth largest producer of LNG in the world, Searle said there is a need to further harness the sector’s potential by continuing to build on existing knowledge through trainings like these.
“NLNG is growing in Africa and looking at Nigeria over the past decade, it has had a significant number of international transactions, despite difficult market conditions. This has given the industry a strong profile internationally.
Through this training, we shared global best practices and solutions that can lead to the sustainable growth of Nigeria’s oil and gas sector; and we are glad to be amongst the thought leaders that shape the way this sector addresses key issues going forward,” said Searle.
“Discussions such as these provide an opportunity for the industry to focus on processes that will lead to generating increased value. We look forward to hosting more engagements like this across various sectors with other leading players in the African market,” he added.
Babatunde Fagbohunlu, SAN, Aluko & Oyebode senior partner said, “Large scale projects in the oil and gas sector carry risks and it is important that such risks are properly managed. Discussing how to manage such risks at an early stage from both a legal and commercial perspective is critical to minimising disruption to the business and loss of value.
Training programmes such as this, which bring together legal experts and those working directly in industry to share their experience and insights on managing risks is the right step towards consolidating and building on best practice in the oil and gas sector in Nigeria”.
The convener of the symposium, Funmi Iyayi, Managing Director, LACIAC reiterated the body’s efforts towards providing tailored dispute management solutions and assisting businesses not only in the resolution but in the management of disputes through partnerships with local and global thought leaders.
LACIAC sees an increasing role for arbitration under its rules to be included in contracts including the Nigerian oil and gas and construction sectors to provide for efficient, cost-effective and local dispute resolution of disputes that may arise during a project.
With over 40 offices across the world, Hogan Lovells is committed to providing business-oriented legal advice and high-quality service across its exceptional breadth of practices to clients around the world.
PalmPay has opened a new office at 33 Old Yaba Road, Lagos, reinforcing its commitment to innovation, customer service, and operational growth in Nigeria.
The new office represents a continued investment in PalmPay’s people, operations, and infrastructure, supporting the company’s ability to deliver reliable financial services at scale. Designed to accommodate PalmPay’s growing team, the workspace enables closer cross-functional collaboration while strengthening service delivery nationwide. Located in Yaba, one of Lagos’s most established commercial and technology corridors, the office further anchors PalmPay within Nigeria’s innovation and financial ecosystem.
Speaking at the office launch, Managing Director Chika Nwosu highlighted that the new workspace reflects PalmPay’s long-term vision and dedication to excellence. “This new office represents an important step in our growth journey and our commitment to building secure, reliable, and inclusive financial solutions for our users,” he said.
The launch event was attended by PalmPay’s leadership team, employees and customers, who toured the facility and marked the company’s continued growth and progress.
With the opening of its office at 33 Old Yaba Road, PalmPay continues to strengthen its presence in Nigeria and reaffirm its mission to drive financial inclusion through innovative digital solutions.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
The Nigerian Aviation Handling Company Plc has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions.
In a statement on Tuesday, the company announced the signing of contract renewals with Air France, KLM and Virgin Atlantic, as well as the African operator, RwandAir.
NAHCO also signed fresh contracts with United Nigeria – Regional, Bellagio and Malaikair.
According to the statement, the contracts with Air France and KLM are for three years and will run till 2028, respectively. The duration of the contract with Virgin Atlantic was also put at three years.
The duration for the RwandAir contract is for three years, effective 1 October 2025.
The statement read, “The new contract with United – Regional would be for a period of five years, effective from 1 August 2025. For Bellagio and Malaikair, the contracts are for three and five years, respectively.
“Bellagio Air, Nigeria’s rising star in aviation, is redefining air travel with a blend of luxury, efficiency, and reliability. Headquartered in the vibrant city of Ikeja, Lagos, Bellagio Air is committed to providing world-class service across key domestic and regional routes.”
The Group Executive Director, Commercial and Business Development, NAHCO Plc, Saheed Lasisi, who expressed his delight with the new contracts, said NAHCO is already ready to exceed customers’ expectations.
According to Lasisi, NAHCO’s more than 46 years of unblemished excellent service delivery puts it heads and shoulders above any other service provider in the industry.
“This is what we have been doing for almost half of a century. We will continue to delight our customers and make our stakeholders happy by exceeding expectations in all aspects of our service offerings. We are always willing and ready to do more,” Lasisi added.
The Group Managing Director/Chief Executive Officer, NAHCO Plc, Olumuyiwa Olumekun, added that with the new fleet of equipment the company is deploying, service delivery will only be better.
Nigerian Communications Commission (NCC) has unveiled a forward-looking strategy that places satellite-enabled mobile connectivity at the heart of the country’s drive to bridge its long-standing coverage gaps.
The draft Spectrum Roadmap for the Communications Sector for 2025 to 2030 lays out how satellite technologies could help deliver reliable voice and data services to millions of Nigerians who live beyond the reach of conventional mobile networks.
The direction is outlined in the Commission’s draft Spectrum Roadmap for the Communications Sector covering the period.
The proposed approach highlights non-terrestrial networks as a complement to existing mobile infrastructure, especially in areas where terrain, insecurity, or high costs limit the deployment of base stations.
The NCC said D2D satellite technology, which allows standard mobile phones to connect directly to satellites, is gaining traction globally as a means of delivering voice and data services without reliance on ground towers.
According to the regulator, the technology could help close persistent coverage gaps in rural, riverine, and border communities that remain outside the reach of conventional networks.
It also noted that satellite-backed connectivity could improve network reliability by providing alternative links during fibre cuts, power failures, or other disruptions affecting terrestrial systems.
The Commission added that wider adoption of D2D services could support emergency communications, public safety operations, Internet of Things applications, and services such as smart agriculture in underserved regions.
It also pointed to potential investment opportunities through partnerships between mobile network operators and satellite companies, including more efficient use of shared spectrum resources.
Beyond D2D services, the roadmap places emphasis on Low-Earth Orbit satellites to expand broadband access to remote parts of the country.
It also proposes better utilisation of Geostationary Orbit satellites and the exploration of high-altitude platforms, such as stratospheric balloons, to support mobile backhaul and rural connectivity.
The policy signals come shortly after Airtel Africa announced an agreement with SpaceX to introduce Starlink-powered direct-to-cell services in Nigeria.
The NCC’s roadmap is expected to shape future spectrum allocation, licensing decisions, and technology adoption across the telecommunications sector.
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