by Stren & Blan Partners | Aug 23, 2024 | Insight
The business community faces a range of systemic challenges in sophisticated fraud that affect their productivity and conceal the identities of the perpetrators of such fraud. Moreover, the law, protecting privacy and data, usually prohibits disclosure of...
by Stren & Blan Partners | Aug 22, 2024 | Insight
On July 26, 2024, Nigeria’s electricity sector saw a significant change as the Nigerian Electricity Regulatory Commission (NERC) introduced a new Order for the Transition to Bilateral Trading in the Nigerian Electricity Supply Industry (NESI) (the “Order”). This...
by Stren & Blan Partners | Aug 19, 2024 | Insight
Nigeria’s petroleum industry has been a cornerstone of its economy since the discovery of oil in commercial quantities in Oloibiri in 1956. Initially dominated by international oil companies (IOCs), the industry has evolved over the decades. To stimulate growth...
by Stren & Blan Partners | Aug 15, 2024 | Insight
The Federal Inland Revenue Service (FIRS) issued an Information Circular on 14th June 2024, to clarify the tax treatment of foreign exchange (forex) transactions (‘the Circular’). The Circular aims to improve compliance and transparency among taxpayers by...
by Stren & Blan Partners | Aug 12, 2024 | Insight
The interrelationship between financial institutions and capital markets is crucial and deeply intertwined. Financial institutions play a significant role in capital markets by directing capital efficiently. For instance, banks collect deposits and provide loans,...
by Stren & Blan Partners | Aug 12, 2024 | Insight
The traditional approach to corporate insolvency in Nigeria, which focused on liquidation and winding- up, has undergone a significant shift with the enactment of the Companies and Allied Matters Act, 2020.This legislation introduced administration as a corporate...
