ArticleEconomies Grow When Regulators And Investors Are Prosperity PartnersAfrica is said to be the world's last economic frontier and massive potential for economic growth abounds on the continent. NigeriaStrategyBanwo & Ighodalo
ArticleRegulatory Update: Federal Executive Council Approves Creative Economy Development Fund And IP Monetization PilotOn 24th October, 2024, the Federal Executive Council approved the Creative Economy Development Fund (CEDF) and the implementation of the Intellectual Property (IP)...NigeriaStrategyStren and Blan Partners
ArticleBridging Nigeria's Infrastructure Deficit Through InfraCorp: Prospects, Challenges And Future OutlookOver the years, the public infrastructure deficit in Nigeria has become an issue of major concern and it is estimated that the country will require between $100 to $150 billion per annum for at least the next ten years to close the gap.NigeriaCorporate/Commercial LawAndersen in Nigeria
ArticleConducting Business In A Challenging ClimateOperating in an environment where the currency is depreciating and interest rates are rising is challenging.NigeriaInsolvency/Bankruptcy/Re-StructuringPwC Nigeria
ArticleDivestment & Exit Of Multinational Companies In Nigeria: Implications And RecommendationsFrom 2023 to 2024, businesses in Nigeria have experienced a rather neck-twisting and challenging landscape marked by a sequence of divestment and exit of multinational companies across various sectors.NigeriaCorporate/Commercial LawStren and Blan Partners
ArticleCOVID-19: Updates On Economic And Regulatory Outlook And Projections Vol. 1International media outlets began to issue reports on the Coronavirus disease (COVID-19) in late 2019.GlobalCoronavirus (COVID-19)Andersen in Nigeria
ArticleRecovery And Resolution Planning - Not Just Another Piece Of RegulationThe run up to the collapse of Lehman Brothers was fraught with confusion, panic, and several last minute attempts at saving the bank. NigeriaFinance and BankingPwC Nigeria
ArticleWhy Natural Resources Alone Cannot Make Nigeria ProsperNigeria possesses vast oil reserves, fertile land, and a young population, yet continues to struggle with poverty and weak infrastructure. This analysis examines why resource wealth has failed to translate into prosperity...GlobalGovernment, Public SectorOlisa Agbakoba Legal (OAL)
ArticleIs Nigeria Going Cashless? Embracing Digital Transformation In Africa's Largest EconomyNigeria's financial landscape has witnessed a remarkable transformation driven by the rise of financial technology (fintech). The concept of going cashless has gained significant momentum...NigeriaTechnologyFirmus Advisory
ArticleFree Float Of The Naira: The Effect On The Nigerian EconomyOn the 14th of June 2023, the Central Bank of Nigeria ("CBN") published a press release on the Operational Changes to the Foreign Exchange Market.NigeriaGovernment, Public SectorSPA Ajibade & Co
ArticleUnaccounted Taxes In Nigeria: The Hidden Drain On The EconomyNigeria, often referred to as the "Giant of Africa" boasts vast resources, a large and increasingly growing population, and a dynamic economy. NigeriaTaxKPMG in Nigeria
ArticleThe Creator Economy In Nigeria: What You Should KnowAccording to Taylor Lorenz's report for The Atlantic, the term creator was originally marketed by YouTube, as an alternative to "YouTube star," which was a time when only...NigeriaMedia, Telecoms, IT, EntertainmentOlisa Agbakoba Legal (OAL)
ArticleThe Strait Of Hormuz Crisis Amid The US–Israel–Iran War: Legal Implications In International Maritime LawThe ongoing US–Iran war dynamics, alongside broader Middle East tensions, including Israel–Iran hostilities, have intensified global concern over a potential Strait of Hormuz crisis.GlobalInternational LawOlisa Agbakoba Legal (OAL)
ArticleWhen The Builder Leaves The BuildingNigeria's transition from Wale Edun to Taiwo Oyedele as Finance Minister raises critical questions about whether a tax reform specialist can sustain the macroeconomic architecture that restored international investor confidence. Can a revenue-focused approach preserve the delicate balance between foreign investment attraction and domestic economic relief that Edun's FX reforms achieved? The answer will determine whether Nigeria continues its structural repositioning or reverts to extraction over growth. NigeriaTaxGresyndale Legal
ArticleCompetitiveness: Catching The Next WaveSub-Saharan Africa is primed for an era of sustainable growth. As other markets across Latin America and Asia face short-term challenges and many advanced economies decelerate, the outlook remains encouraging for sub-Saharan Africa to gather speed and create greater opportunities for its rapidly growing population.NigeriaAntitrust/Competition LawDeloitte Nigeria
ArticleNigerian Lawyers In A Globalised Legal Economy: An International Lawyers' Day ReflectionThe practice of law has evolved into a profession no longer confined by borders. In today's globalised legal economy, lawyers operate within an interconnected system shaped by cross-border trade, international...NigeriaStrategyOlisa Agbakoba Legal (OAL)
ArticleQuick Commentary - Key Changes Introduced By The Courier And Logistics Services (Operations) Regulations 2020The Minister of Communications and Digital Economy has just issued the Courier and Logistics Services (Operations) Regulations 2020 (the "Regulations"). The Regulations repealing...NigeriaStrategyTNP
ArticleThe "New Economy": An Overview Of The First Half Of 2024Even though we are only halfway through 2024, the year 2024 has already proven to be momentous and exciting for the telecommunications, technology, and financial services industries in Nigeria.NigeriaStrategyG ELIAS
ArticleExamining The Abuse Of Naira Notes In Nigeria: A Legal And Comparative PerspectiveCurrency serves as the lifeblood of any nation's economy, embodying its value and facilitating economic transactions. In Nigeria, the Naira stands as a symbol of national pride and economic stability. NigeriaStrategyTope Adebayo LP
ArticleTax Amnesty: A Step On The Ladder Out Of Recession?It is no longer news that the Nigeria economy is in recession: reflective of foreign exchange challenges, growing inflation and unemployment rates, amongst other indices. NigeriaTaxLeLaw Barristers & Solicitors