by Stren & Blan Partners | Sep 15, 2025 | Energy
The Central Bank of Nigeria (CBN), via a circular issued on September 4, 2025, has formally launched its Compliance Department (the “Department”). Originally established in the first quarter of 2025 and operational from the second quarter, the Department’s formal...
by Stren & Blan Partners | Sep 2, 2025 | Energy, Insight
Doing business in Nigeria’s oil and gas sector means working within one of the most regulated industries in the country. From obtaining the necessary licenses for upstream, midstream, or downstream activities to meeting tax duties, local content requirements, and...
by Stren & Blan Partners | Jul 14, 2025 | Energy, Insight
The second quarter of 2025 marked significant progress across Nigeria’s energy sector, underpinned by enhanced regulatory oversight, infrastructure expansion, and renewed capital inflows. These developments reflect growing momentum in the country’s energy transition...
by Stren & Blan Partners | Jun 11, 2025 | Energy, Insight
The Federal Government has introduced a new fiscal strategy in the form of the Upstream Petroleum (Cost Efficiency Incentives) Order, 2025 (the “CEI Order”). This Order creates a performance-based tax credit regime for upstream petroleum operators who achieve cost...
by Stren & Blan Partners | May 29, 2025 | Energy, Insight
In April 2024, the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC or the “the Commission”), pursuant to the provisions of the Petroleum Industry Act (PIA) 2021, introduced the Upstream Petroleum (Assignment of Interests) Regulations (“the Regulations”)....
by Stren & Blan Partners | May 7, 2025 | Energy, Insight
The relationship between oil and gas companies and their host communities has long been a subject of legal and operational significance, particularly in resource-rich jurisdictions like Nigeria. As Exploration and Production (E&P) companies navigate the regulatory...
