by Stren & Blan Partners | Jan 28, 2025 | Energy, Insight
The Nigerian energy sector in 2024 was defined by transformative regulatory changes, ambitious infrastructure investments, and high-profile transactions. These developments laid the groundwork for substantial progress in 2025. However, critical challenges such as...
by Stren & Blan Partners | Jan 27, 2025 | Financial Services Sector, Insight
In 2024, Nigeria’s financial sector experienced remarkable growth and transformative developments, setting the stage for further progress in 2025.The sector recorded over a 30% increase in the first half of the year, driven by foreign capital inflows that doubled to...
by Stren & Blan Partners | Jan 22, 2025 | Fast Moving Consumer Goods, Insight
The Fast-Moving Consumer Goods (FMCG) sector in Nigeria suffered setbacks in 2024 due to economic shifts driven by inconsistent Government policies. Several multinational companies like Kimberly-Clark Nigeria, Pick n Pay, and many others exited Nigeria because of...
by Stren & Blan Partners | Jan 21, 2025 | Insight, Tax
The Lagos State Internal Revenue Service (LIRS) recently issued a Notice (the “Notice”) to employers in the State to file their annual tax returns for the 2024 financial year on or before 31st January 2025. Pursuant to Section 81(2) of the Personal Income Tax Act....
by Stren & Blan Partners | Jan 6, 2025 | Energy, Insight
Nigeria currently experiences a wave of divestments by international oil companies (IOCs), an increased attention is being directed towards the decommissioning of ageinginfrastructure. This has prompted the urgent need for decommissioning strategies that are...
by Stren & Blan Partners | Jan 3, 2025 | Energy, Insight
In the last quarter of 2024, Nigeria’s oil and gas sector experienced a slight development from the previous quarter. In October 2024 the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)recorded a decline in crude oil production from 1.54 million...
