Banwo & Ighodalo is a
a leading commercial law firm in Nigeria.
The firm was
established in 1991
by
Asue Ighodalo and
Femi
Olubanwo. The firm is headquartered in Lagos and has an office in Abuja. The firm
boasts of being known for providing innovative and
timely solutions to clients. The deal team consists of prominent legal professionals led by managing partner Ken Etim.
The firm has a strong practice across all ranked practice
areas, achieving top-tier status across all of them.
In banking and finance, the firm advised a syndicate of lenders African Export-Import Bank in connection with a EURO 1 billion syndicated loan facility, with an accordion feature of an additional EURO 1 billion advanced to Bank of Industry Limited (BOI). The loan represents the
first of its kind in terms of size and structure by any financial institution in Nigeria.
In debt capital markets, the firm is offering ongoing advise on the issuance of green bonds and bonds under the One Trillion Naira Debt and Hybrid Instruments Programme established by the Lagos State Government. The programme marks the first multi instrument debt issuance programme by a sub national government in Nigeria.
The firm
advised
Renaissance Africa Energy Holding
on
its
$1.26
billion acquisition of
the entire shareholding of Shell Petroleum Company in Shell Petroleum Development Company of Nigeria.
Africa Finance Corporation, Stanbic IBTC Capital, Dangote Group, Mauritius Commercial Bank, Dangote Cement, First City Monument Bank, Cross River State Government, Nigerian Breweries, Zenith Bank, First Holdco, Access Bank, Asset Managmement Corporation of Nigeria, Saudi Agriculture and Livestock Investment, Blackrose Chemicals, Chevron Nigeria
Client feedback (2024/2025)
"B&I have the perfect blend of leading technical knowledge and lawyers, coupled with commercial understanding, pragmatism and an ability to help clients focus on what really matters for them." -
Banking and finance
"The Team displayed a high level of competence during the due diligence exercise. They also as provided strategic guidance on the deal structuring process and fulfillment of statutory & regulatory standards & approvals." -
M&A
"The team is highly professional and competent with right expertise to provide the services I sought." -
M&A
"B&I continues to remain one of our preferred firms due to their professionalism, depth of knowledge, commercial acumen and ability to provide tailored and practical solutions in the face of bottlenecks." -
Investment funds
"Accessibility and genuineness." -
PPP/PFI
"Stella is a go-to lawyer in Nigeria across the energy sector - a trusted advisor to both Nigerian and international clients. Excellent negotiation skills and engaging personality. Extremely strong technical skillset across a wide area." -
Stella Duru
"She is genuine and accessible." -
Onyine Dimkpagu
"Kehinde is a supervising partner and he plays an effective supervising partner role assisted by his senior associate AZEEZ AKANDE who is a high quality SA." - Kehinde Qjuawo
"She is very knowledgeable (including technical knowledge and knowledge of the industry), provides workable innovative solutions, and responsive." -
Ayodele Faboya
