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News & Analysis

Nigeria: Duale, Ovia & Alex-Adedipe on BDC Recapitalisation: Analysing the New CBN Guidelines

25 August 2025 by Duale Ovia & Alex-Adedipe - Nigeria

Following the release of the 2024 Guidelines for Bureau De Change (BDC) Operations, the Central Bank of Nigeria has introduced higher capital thresholds, revised licensing tiers, and a compliance deadline of June 3, 2025.
News & Analysis

Nigeria: Udo Udoma & Belo-Osagie Advises The Coca-Cola Company on the Sale of C.H.I. Limited to UAC of Nigeria PLC

25 August 2025 by Udo Udoma & Belo-Osagie - Nigeria

UUBO is delighted to have advised The Coca-Cola Company (“Coca-Cola”) on the sale of its 100% equity interest in C.H.I. Limited (“CHI”) to UAC of Nigeria PLC, one of Nigeria’s leading consumer goods companies.CHI is a household name in Nigeria and a recognised leader in the food and beverage industry. Its flagship brands, Chivita and Hollandia, hold dominant positions in the fruit juice and value-added dairy markets, respectively.
News & Analysis

Nigeria: Udo Udoma & Belo-Osagie's I.C.E. Summit 2025

25 August 2025 by Udo Udoma & Belo-Osagie - Nigeria

What does corporate integrity look like in 2025? Not the kind written in mission statements or printed in glossy brochures, but the kind that shows up in boardroom decisions, whistleblower responses, risk audits, and the day-to-day behaviour of leadership.
News & Analysis

Nigeria: UUBO Acts as Nigerian Counsel to Citigroup in Connection with GTCO's 2.28 Billion Share Offering and London Stock Exchange Listing 

25 August 2025 by Udo Udoma & Belo-Osagie - Nigeria

The UUBO Capital Markets team is pleased to have acted as Nigerian legal counsel to Citigroup Global Markets Limited, the Sole Global Coordinator, in connection with the offering of approximately 2.28 billion ordinary shares of Guaranty Trust Holding Company PLC (GTCO) and the successful admission of those shares to trading on the Main Market of the London Stock Exchange (LSE).
News & Analysis

Nigeria: UUBO Acts as Nigerian Counsel to the Access Bank UK Limited in Connection with the Provision of a Facility of USD $70 Million to MTN Nigeria Communications PLC

25 August 2025 by Udo Udoma & Belo-Osagie - Nigeria

The UUBO Banking and Finance team is pleased to have acted as Nigerian Counsel to the Access Bank UK Limited (“Access Bank”) in connection with the provision of a loan facility of up to US$70 million to MTN Nigeria Communications PLC (“MTNN”).
News & Analysis

Nigeria: Governance in Nigeria’s Telecoms Sector: Duale, Ovia & Alex-Adedipe Examines Emerging Standards

18 August 2025 by Duale, Ovia & Alex-Adedipe (“DOA”) - Nigeria

As competition in telecoms becomes truly global, governance is no longer just about compliance; it is a strategic imperative. In our latest insight, we examine how Nigerian telecom companies can align with international standards to attract investment, build trust, and future-proof their operations.
News & Analysis

Nigeria: Duale, Ovia & Alex-Adedipe Advises 5554 Technologies Inc. on Sale of Bankly to C-One Ventures Platform

11 August 2025 by Duale, Ovia & Alex-Adedipe (“DOA”) - Nigeria

We are pleased to have acted as legal counsel to 5554 Technologies Inc. on the sale of Bankly, a leading Nigerian microfinance and fintech institution with over 2 million customers and a nationwide agent network of more than 50,000.
News & Analysis

Nigeria: Court of Appeal of Nigeria Backs Swift Account Restrictions: Insights from Duale, Ovia & Alex-Adedipe

14 July 2025 by Duale Ovia & Alex-Adedipe - Nigeria

Can a bank restrict a customer’s account without a court order? According to the Court of Appeal of Nigeria, the answer is yes.
News & Analysis

Nigeria: Duale, Ovia & Alex-Adedipe Advises Ojaja Pan Africa Limited on its N10,000,000,000 Commercial Paper Issuance Programme

12 June 2025 by Duale Ovia & Alex-Adedipe - Nigeria

Duale, Ovia & Alex-Adedipe Advises Ojaja Pan Africa Limited on its N10,000,000,000 Commercial Paper Issuance Programme
News & Analysis

Nigeria: Duale, Ovia & Alex-Adedipe Advises Yikodeen Company Limited on an Equity Investment from Aruwa Capital Fund II

12 June 2025 by Duale Ovia & Alex-Adedipe - Nigeria

Duale, Ovia & Alex-Adedipe Advises Yikodeen Company Liited on an Equity Investment from Aruwa Capital Fund II
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