Nigeria’s energy sector has been a reflection of the economic growth strategy of the country. In post-independence Nigeria, the need for large-scale investments in energy infrastructure resulted in government dominance in the sector’s activities. The Nigerian power industry also presents a significant but largely untapped potential for investment. With huge energy resources and a large domestic and regional market yearning to be served, Nigeria’s energy industry is on the rise.

Although the Nigerian energy sector has huge investment opportunities on all sides, the environment is fraught with risks that require careful navigation. Entities doing or desirous of doing business in Nigeria, therefore, need to seek legal and transaction advice on the peculiarities of investing in Nigeria’s energy sector.

At Stren & Blan Partners, we are our Client’s partners in seamlessly navigating investment decisions and procedures, as well as tackling any risk that may arise in the various facets making up Nigeria’s energy sector.

Deal Highlight
We are currently representing a Munich-based Firm with a major concentration on energy, resources and transportation and with geographical strength across America, Europe, and the EMEA area. We are currently advising the Firm on its proposed financing of a Nigerian project company for the construction of a power plant in Lagos, Nigeria.

In any economy, the financial sector is the hub of productive activity. It comprises of an impressive network of banks and other financial institutions and a wide range of financial instruments. In Nigeria, the financial system is made of financial institutions, such as banks, insurance companies, specialized banks, capital market, finance companies, discount houses, bureau de change, mortgage institutions, community banks, and the development finance institutions (DFIs), each covering a particular area of activity or activities. It performs the core function of financial intermediation, and adequate payment services as well as the fulcrum for monetary policy implementation.

Nigeria’s banking sector is the second-largest in sub-Saharan Africa behind South Africa and at Stren & Blan Partners, we ensure that our Clients are guided properly into making the right decisions that will be beneficial to their business.

Deal Highlight
Our Client list in this sector includes a Tier 1 Nigerian Bank and at the moment, an African banking giant. We act as the Bank’s debt recovery Solicitors, for the recovery of loans owed to it by customers.