Nigeria remains one of Africa's most dynamic economies. With a population exceeding 200 million, a fast-growing middle class, and a rapidly expanding digital economy...

In July 2025, Stren & Blan Partners hosted a webinar on "Evolving Global Investigations Landscape: Risk Management and Response Strategies for International Businesses in Africa."

In the last decade, start-ups have emerged as key drivers of economic growth, job creation, and catalysts for radical innovation, with the technology startups spearheading this development.

Nigeria's non-oil economy demonstrated robust growth of 4.07% in Q4 2025, with agriculture, real estate, construction, and manufacturing leading the expansion. This analysis examines the corporate-commercial implications of this economic momentum and the increasingly structured regulatory environment shaping business operations. The piece explores three key developments from 2025 that are particularly significant for boards, investors, and in-house counsel navigating Nigeria's evolving business landscape.

The second quarter of 2026 witnessed significant geopolitical tensions in the Middle East that disrupted global oil supply routes and triggered volatility in international crude prices. These developments had direct impacts on Nigeria's downstream petroleum market, with Dangote Petroleum Refinery making multiple price adjustments throughout the period as Brent prices fluctuated.

2021 has been a landmark year for the Nigerian Oil and Gas Industry. With the conclusion of the marginal field bidding rounds and the passage of the Petroleum Industry Act (PIA)...

Frank Mwiti, Partner and Eastern Africa Markets Leader at EY, joins us for the third year of our Africa Roundup interview series ...

After the first year of reporting, IFRS 9 has resulted in an increase in banks' provisioning levels on transition.

Join us as we explore the African Continental Free Trade Area Agreement (AfCFTA) at our webinar "Investing in the African Market: Opportunities under the AfCFTA".

Growth in the non-oil sector (89.7% of GDP) has been the main driver of Nigeria's economic growth (5-year average: 6.2%), and employment.

Nigeria Economic Outlook 2019 – Ready To Go

Nigeria's oil and gas industry experienced significant milestones in the first half of 2026, building on an exceptionally active 2025 marked by major investment decisions, licensing rounds, and substantial transactions. While the pace has moderated compared to the previous year's unprecedented activity, the sector continues to achieve critical developments across upstream, midstream, and gas value chains that are reshaping the country's energy landscape.

In recent years, Nigeria's creative industry has experienced extraordinary growth, driven by innovation and technology.

Nigeria recorded a Gross Domestic Product (GDP) growth of 4.03% (year-on-year) in 2021, exceeding its projected GDP growth rate of 3% for the fiscal year.

On Tuesday, 8 October 2019, President Muhammadu Buhari presented the proposed 2020 budget of the Federal Government of Nigeria to the joint session of the National Assembly (NASS),

Data has shown a strong correlation between strong intellectual property rights and economic development. Strong IP rights create an enabling environment for the innovation necessary for economic stimulation.

Our analysis identifies Agriculture, Petroleum (Petrochemical and Refining), Retail, and ICT as priority sectors with the most dominant transmission links to the overall economy.

Oil is Nigeria's main source of foreign exchange earnings and government financing. As a result, growth expectations for the economy have deteriorated following recent drop in oil prices.