by Stren & Blan Partners | Nov 1, 2024 | Insight
October witnessed significant developments across Nigeria’s energy sector, with notable policy shifts, large-scale project announcements, and strategic deals aimed at reshaping the industry. This edition provides a succinct review of key highlights, where we offer...
by Stren & Blan Partners | Oct 29, 2024 | Insight
On the 2nd of October 2024, the Federal Government of Nigeria, under the hand of the Finance Minister, Hon. Olawale A. Edun, officially issued the Deduction of Tax at Source (Withholding) Regulations 2024 (the “Regulations”), in its Official Gazette No. 168, Vol. 111...
by Stren & Blan Partners | Oct 23, 2024 | Insight
Piracy in the Gulf of Guinea has emerged as a significant threat to global maritime security, affecting shipping companies, shipowners, and insurers alike. The region accounts for the highest number of piracy incidents worldwide, particularly involving kidnapping for...
by Stren & Blan Partners | Oct 22, 2024 | Insight
The petroleum industry has been the cornerstone of Nigeria’s economy, contributing around 90% of its export earnings and 40% of government revenue. With the enactment of the Nigerian Oil and Gas Industry Content Development Act (NOGICD) in 2010, the government sought...
by Stren & Blan Partners | Oct 21, 2024 | Insight
Africa has continued to lead the ranks as the region with the highest rate of return on foreign investment. The continent is not only fast in developing its commercial future, but since the turn of the 21st century, the rate of real GDP has risen at more than twice...