President Muhammadu Buhari has signed a long-awaited oil-reform bill which will be formally presented in the Senate as early as next week, Reuters report. The legislation has been in the works for the past 20 years, and the main laws governing Nigeria’s oil and gas exploration have not been fully updated since the 1960s because of the contentious nature of any change to oil taxes, terms and revenue-sharing within Nigeria. But reforms and regulatory certainty became more pressing this year as low oil prices and a shift towards renewable energy made...