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FIRS IMPOSES 10% WITHHOLDING TAX ON INTEREST FROM SHORT-TERM INSTRUMENTS

FIRS IMPOSES 10% WITHHOLDING TAX ON INTEREST FROM SHORT-TERM INSTRUMENTS

by Stren & Blan Partners | Dec 5, 2025 | Insight, Tax

The Federal Inland Revenue Service (FIRS) has introduced a 10% Withholding Tax (WHT) on interest earned from short-term investments such as treasury bills, promissory notes, and corporate bonds which applies to both individual and corporate investors. Effective from...
MARKET UPDATE: NIGERIA ACHIEVES MAJOR MILESTONE AS IT JOINS THE UNIFIED WEST AFRICAN POWER GRID

MARKET UPDATE: NIGERIA ACHIEVES MAJOR MILESTONE AS IT JOINS THE UNIFIED WEST AFRICAN POWER GRID

by Stren & Blan Partners | Dec 2, 2025 | Energy, Insight

Nigeria has achieved a historic breakthrough in regional energy integration, following the successful synchronisation of its national electricity grid with the West African Power Pool (WAPP) on 8 November 2025, between 05:04 a.m. and 09:04 a.m. The test, coordinated...
BETWEEN PUBLIC POLICY AND PARTY CONDUCT: HOW CHAMPION BREWERIES PLC V BRAUEREI BECK GMBH & CO. KG REDEFINES ENFORCEMENT RESISTANCE IN ARBITRATION

BETWEEN PUBLIC POLICY AND PARTY CONDUCT: HOW CHAMPION BREWERIES PLC V BRAUEREI BECK GMBH & CO. KG REDEFINES ENFORCEMENT RESISTANCE IN ARBITRATION

by Stren & Blan Partners | Nov 26, 2025 | Dispute Resolution, Insight

To date, public policy remains one of the grounds for setting aside an arbitral award. However, whether an arbitral award will be successfully set aside on the grounds of public policy depends on various factors, such as the provisions of the national laws, judicial...
REDRAWING THE PHARMA BUSINESS MODEL: DRUG PRICING AND MARKET ACCESS UNDER NIGERIA’S NHIA REFORM ERA

REDRAWING THE PHARMA BUSINESS MODEL: DRUG PRICING AND MARKET ACCESS UNDER NIGERIA’S NHIA REFORM ERA

by Stren & Blan Partners | Nov 24, 2025 | Health and Pharmaceutical, Insight

Nigeria’s shift from a voluntary health insurance scheme to a mandatory national system under the National Health Insurance Authority (NHIA) Act represents one of the most consequential transformations in the country’s healthcare financing landscape. For decades, the...
MODERNIZING MARITIME COMMERCE IN NIGERIA: KEY INNOVATIONS UNDER THE NIGERIAN INSURANCE INDUSTRY REFORM ACT 2025.

MODERNIZING MARITIME COMMERCE IN NIGERIA: KEY INNOVATIONS UNDER THE NIGERIAN INSURANCE INDUSTRY REFORM ACT 2025.

by Stren & Blan Partners | Nov 17, 2025 | Insight, Maritime and Admiralty Practice

Commercial transactions in Nigeria, particularly the importation of goods, are predominantly conducted via maritime transport. In other words, the carriage of goods by sea remains the primary mode through which trade and commercial activities are executed within the...
RECORDING RIGHTS: WHO OWNS THE GAME IN NIGERIAN FOOTBALL?

RECORDING RIGHTS: WHO OWNS THE GAME IN NIGERIAN FOOTBALL?

by Stren & Blan Partners | Nov 12, 2025 | Insight, Technology, Media and Entertainment

In Nigerian football, questions often arise about who owns the right to record or broadcast a match and what laws apply. Broadcast rights refer to the legal authority granted to a league, club, or licensed broadcaster to film, transmit, and commercially exploit sports...
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