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REGULATIONS FOR INVESTORS IN GAS FLARING REDUCTION AND UTILIZATION PROJECTS

by Stren & Blan Partners | Sep 22, 2023 | Uncategorized

Gas flaring is a conversation as old as the Cinderella tale. Gas flaring occurs during production or industrial activities at oil rigs, refineries, etc. As a result of this flaring, not only are excess amounts of carbon dioxide and methane released into the air but...

CORPORATE INSOLVENCY THRESHOLD IN NIGERIA: A COMPARATIVE ANALYSIS OF THE FORMER AND EXTANT LEGAL FRAMEWORK

by Stren & Blan Partners | Sep 13, 2023 | Uncategorized

LEGAL FRAMEWORK FOR CORPORATE INSOLVENCY IN NIGERIA Corporate Insolvency is said to be triggered when inter alia a company is unable to pay a predefined debt threshold when it becomes due. This predefined threshold is usually set by Law orthe principal regulatory body...

EVIDENCE (AMENDMENT) ACT 2023 – ALIGNING EVIDENCE TAKING IN JUDICIAL PROCEEDINGS WITH TECHNOLOGICAL ADVANCEMENTS.

by Stren & Blan Partners | Sep 5, 2023 | Uncategorized

Introduction The Evidence (Amendment) Act, 2023 (“the Amendment Act”) was passed into law to amend the existing Evidence Act, No. 18, 2011. The essence of the amendment is to bring the provisions of the subsisting Evidence Act in accordance with global technological...

STRATEGIES FOR MANAGING LITIGATION RISKS THAT ARISE DURING MARITIME ACCIDENTS IN NIGERIA: A STEP-BY-STEP GUIDE

by Stren & Blan Partners | Sep 1, 2023 | Uncategorized

INTRODUCTION Maritime accidents have been a recurring challenge throughout human history due to the inherent risks associated with sea travel and International trade. Maritime accidents encompass a wide range of incidents, including collisions, groundings, oil spills,...

THE IMPACT OF UNIONISATION OF APP-BASED TRANSPORT WORKERS IN NIGERIA

by Stren & Blan Partners | Aug 9, 2023 | Uncategorized

In recent years, the growth of the gig economy has led to the emergence of app-based transport services like Uber and Bolt. The advent of these apps on the shores of Africa has brought several gains and misfortunes. These platforms have not only revolutionized the...

CLAIMS MANAGEMENT STRATEGIES FOR CONSTRUCTION COMPANIES – MINIMISING DISPUTES AND MAXIMISING PROJECT SUCCESS

by Stren & Blan Partners | Aug 1, 2023 | Uncategorized

The construction industry is a complex and competitive environment in which numerous parties with different talents and levels of knowledge work together. Parties from various professions, each with their own goals, expect to maximize their benefits. However, these...

A REVIEW OF THE NIGERIAN DATA PROTECTION ACT 2023: HIGHLIGHTS AND LIMITATIONS INTRODUCTION

by Stren & Blan Partners | Jul 26, 2023 | Uncategorized

INTRODUCTION On the 12th of June 2023, President Bola Ahmed Tinubu assented to the Nigerian Data Protection Bill 2022. The Bill thereon immediately took effect as the Nigerian Data Protection Act, 2023 (“The Act”). The Act provides a comprehensive and far-reaching...

$1.3 BILLION FINE ON META: THE COMPLEXITIES OF CROSS-BORDER DATA TRANSFER IN A DIGITAL WORLD.

by Stren & Blan Partners | Jul 17, 2023 | Uncategorized

In today’s world, data has become a valuable resource, fondly referred to as the new oil that drives businesses and industries forward as it can be used to deliver targeted advertising, improved services, and gain insights into consumer behavior. For instance, Airbus,...

AN ANALYSIS OF THE IMPLICATIONS OF NIGERIA’S CUSTOMER DUE DILIGENCE (CDD) REGULATION 2023

by Stren & Blan Partners | Jul 10, 2023 | Uncategorized

INTRODUCTION In a strategic effort to combat money laundering and ensure compliance with relevant laws and regulations, the Central Bank of Nigeria (CBN) has introduced measures to support Financial Institutions (FIs) in implementing effective customer due diligence...

AN X-RAY INTO THE CENTRAL BANK OF NIGERIA’S GUIDANCE NOTES ON POLITICALLY EXPOSED PERSONS

by Stren & Blan Partners | Jul 4, 2023 | Uncategorized

On 22nd June 2023, the Guidance Notes on Politically Exposed Persons (PEPs) was presented by the Central Bank of Nigeria (CBN), representing a significant advancement in the efforts to combat financial crimes and promote integrity within the Nigerian financial sector....
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