On 1 October 2026, the Nigeria Tax Administration (Interest on Late Payment of Tax) Order, 2026 (the Order) took effect, introducing new rules for calculating interest on overdue taxes in Nigeria.

On 19 October 2026, the Securities and Exchange Commission (SEC) unveiled the Nigerian Capital Market Master Plan 2026–2036 (“the Master Plan”) at the National Capital Market Conference in Abuja.

In August 2026, General Hydrocarbons Limited (GHL) made a non-binding settlement proposal to Dolphin Drilling AS (Dolphin) involving a cash payment of part of an arbitral award and the potential redeployment of a Dolphin drilling rig to Nigerian waters.

On 6 October 2026, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) formally launched Nigeria’s 2026 Licensing Round following presidential approval. The round offers 40 oil and gas blocks across onshore, shallow-water and deep-water locations. It follows the 2025 Licensing Round, in which 31 companies emerged as successful bidders for 37 blocks.

On 23 September 2026, the Securities and Exchange Commission (SEC) issued a directive on the implementation of the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards in Nigeria, marking a further step towards making sustainability information part of formal corporate reporting.

From 22 to 24 September 2026, stakeholders from across Nigeria met to consider possible reforms to the Child Rights Act 2003, more than two decades after its enactment.

On 22 September 2026, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reduced the Monetary Policy Rate (MPR) from 26.5% to 23%.

On 9 September 2026, the Nigerian Communications Commission (NCC) announced a technology-enabled framework for monitoring compliance with its approval requirements for mobile phones and other SIM-enabled communications devices.

On 17 September 2026, an International Chamber of Commerce (ICC) tribunal issued an award in favour of the Federal Republic of Nigeria in an arbitration brought by Sunrise Power and Transmission Company Limited over the Mambilla Hydroelectric Power Project.

On 20 August 2026, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the successful and reserve bidders in Nigeria’s 2025 Licensing Round, with provisional awards covering 37 oil and gas blocks.