Nigeria: Industry Updates & Analysis

Nigeria's Blue Economy holds the potential to generate over ₦3 trillion annually through strategic development of its 853-kilometer coastline, vast inland waterways, and maritime resources.

It is 2026, and it is clear to all by now that Technology and AI are fast reshaping every facet of life, business dispute resolution practices included.

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.

Nigeria, a dynamic and rapidly evolving economy, has witnessed a flurry of legislative and regulatory activities across various sectors in 2024.

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

Countries such as Dubai, South Africa and Kenya have made great returns for their government in the areas of Tourism.

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

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),