Nigeria

Abdulai Taiwo & Co is a full-service Nigerian firm in founded in 1976 that now has offices in Abuja and Lagos.

Focusses / specialisms

The firm has a particular specialism in debt and equity capital markets and project finance work but is also very active in banking, M&A and infrastructure projects.

Key clients

The firm has relationships with the Federal Government of Nigeria, Debt Management Office, Emzor Pharmaceuticals, Presco and Mutual Beneficts Assurance. 

In capital markets the firm has connections with Costain (West Africa), Nigeria Ropes, Guinea Insurance and Capital Express Assets & Trust among others. 

In M&A it works with Procter & Gamble, Ikoyi Hotels, Sector Lead and Kinghave Healthcare among others.

In project development the firm has bonds with African Refinery Port Harcourt, CRCC Construction Co, Pernix International and the Federal Government of Nigeria (Federal Ministry of Aviation). 

Research period review: 33th edition (2024/2025) 

 The firm was active in banking, equity capital markets, debt capital markets, M&A and projects work during the research cycle. 

In capital markets debt, a notable highlight of the firms work includes advising the Federal Government of Nigeria in connection with its (NGN) 300 billion sovreign sukuk issuance with the purpose of financing roads and infrastructure. 

Another notable highlight includes the firm advising Supertech Chemical Industry in connection with the project finanicng of the construction of a natural gas to methanol and ammonium bicarbonate power station. 

Advocaat Law Practice is a full-service commercial firm founded in 2005. The firm is based in Lagos and has grown to have four partners and eight associates.

Focusses / specialisms

The firm has a particular focus on project finance, energy projects and M&A transactions. The firm is a specialist in working with telecommunications connected clients.

Key clients

Key clients of the firm include Deltacom Group West Africa, Corridor Communications, Globeleq Power Solutions Nigeria, Union Bank, FBN Bank, FBN Bank Merchant Bank, First City Monument Bank, FCMB Financing, Gankco Energy Services, Powergas Africa, Tower Power Utility, Ibadan Electricity Distribution Company, Ikeja Electricity Distribution, Cummins Power Generation, Kunoch, Unique Grains and Foods, Airband Wireless, Tower Power Utility, and Powergas Africa.

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in banking, M&A, project development and project finance.

In banking the firm worked on loans and financings for mainly lenders in the banking sector.

In M&A the firm worked on acquisitions for mainly acquirers across wide spectrum of sectors including energy, pharmaceuticals, technology, and food and beverage.

In project development the firm worked on projects for clients connected to the energy, infrastructure, and technology & telecommunications sectors.

In project finance the firm worked on financings for clients in the banking sector.

One of the biggest firms in Nigeria, full-service outfit AELEX was founded near the turn of the millennium by a four-way merger. It has offices in Lagos, Port Harcourt, and Abuja in Nigeria, as well as an office in Accra Ghana. 

Focusses / specialisms

The firm advises on financing and is competent in the capital markets space with experience in IPOs, Eurobonds, derivatives and rights issues. It also acts as counsel on large infrastructure projects in Nigeria. A regular stream of its mandates come from foreign clients looking to invest directly into Nigeria.

A core practice for the firm is energy and infrastructure where the firm acts as counsel to major players in the oil and gas sector. The firm is prominent on the corporate side of oil and gas work and often works on farm-ins, farm-outs and M&A involving the industry.  

Key clients

The firm has developed strong relationships within the banking practice with FBNQuest Merchant Bank, Export-Import Bank of the United States, African Export-import Bank, EMTS, Keystone Bank, Nigerian Stock Exchange, Securities Solutions, Emerging Markets Payment West Africa, PayU Payments Nigeria, Sentinel Exploration & Production, Vitol, African Development Bank, Cedar Consortium, Ecobank Nigeria, FBN Capital, and Dangote Cement. 

In capital markets the firm has connections with Food Concepts, Stanbic IBTC, Securities Solutions, Coca-Cola, 7UP Bottling Company, and Securities Exchange Commission. 

In M&A the firm has ties to Google, Helios Investment Partners, Petrobras, Nampack Nigeria, SAP Africa, KLM Line Maintenance International, Lufthansa, Shoprite Holdings, Chevron Nigeria, Mobil Producing Nigeria, Azura Power West Africa, The Shell Petroleum Company of Nigeria, CNOOC E&P, and Beacon Power Services Nigeria.

In project development the firm has relationships with All Grace Energy Nigeria, ADDAX Petroleum, Benue Minerals, Shelf Drilling, Nagarjuna Fertilizer and Chemicals Nigeria, Blue Power Energy, Modandola Group, SDP Services, and Rusal Aluminium Smelting Company of Nigeria. 

In project finance the firm has developed bonds with Global Telecommunications Company, Africa Finance Corporation, PetroMetrics, Gigagas, Honeywell Group, SacOil Nigeria, SDP Services, APR Energy, and Van Oord Dredging & Marine Contractors.

Research period review: 34th edition (2024/2025) 

The firm was active in banking, capital markets debt, capital markets equity and M&A.

In banking, the firm advised on acquisitions, project financing, refinancing and loans for clients for borrowers and lenders in the oil and gas, infrastructure, banking and energy sectors. 

In capital markets, the firm advised clients on the establishment of bond programmes and issuance of notes and bonds for clients in the financial services and consumer sectors. 

In M&A, the firm focused on corporate reorganisations, acqusiitions and divestments for clients in the oil and gas, energy and consumer sectors. 

Deal highlights: 33rd edition (2024/2025)

Air Liquide Afrique S.A.S divestment in Air Liquide Nigeria

Ajumogobia & Okeke is a full-service commercial firm founded in 1984. The firm has three offices in Lagos, Port-Harcourt, and Abuja.

Focusses / specialisms

The firm is particularly strong in banking and project finance but is also active in capital markets debt and equity, M&A and project development with a focus on domestic transactions.

Key clients

The firm’s clients include Mobil Producing Nigeria Unlimited, Saipem Contracting Nigeria, Oracle Software Nigeria, British Council Nigeria, British High Commission, Standard Chartered Bank Nigeria, CIG Motors Company, Jordana Cosmetics Corporation, Nigeria LNG, Guinness Nigeria, Seven-Up Bottling Company, Asset Management Corporation of Nigeria, Philip Morris International, Amarante Security Nigeria Limited, Asseco Software Nigeria, and Africa Reinsurance Corporation Nigeria.

Research period review: 33rd edition (2023/2024)

During the research period the firm was active in the debt and equity capital market, M&A, and project development practice areas.

In debt capital markets the firm worked on bond and commercial paper issuances for clients in the energy sector.

In equity capital markets the firm advised on a private placement deal.

In M&A work focused on a divestment deal for a client in the consumer goods and services sector.

In project development the firm advised on infrastructure and energy projects for clients in the automotive and mining sectors.

Deal highlights: 33rd edition (2023/2024)

A-Z Petroleum Products Manufacturing & Marketing $45 million note issue

Global Spectrum Energy Services $45million bond issue

Alliance Law Firm is a Nigerian law firm established in 2002 by Uche Val Obi, SAN and Olusoji Toki. The firm has offices in Lagos, Abuja and Port Harcourt. 

Focusses / specialisms 

The firm has a focus on debt and equity capital markets work. 

 Research period review: 34th edition (2024/2025) 

The firm was active in debt capital markets during the research cycle. 

In debt capital markets, the firm advised on the establishment of debt issuance programmes, fund programmes and capital raises for issuers and fund managers in the financial services, energy and banking sectors. 

Deal highlights: 34th edition (2024/2025)

$196 million Debt Issuance Programme by Dangote Cement Pl

Key clients 

Key clients of the firm include Emerging Market Telecommunications Services, Nestoil, Neconde Energy, United Capital Trustees, NCNR and Transcorp Hotel. 

ALP NG & Co (ALP) is a full-service law firm based in Nigeria.  The firm is associated with ALP International.  The firm handles domestic and international clients from its offices in Abuja and Lagos. 

Focusses / specialisms

The firm advises on deals across sectors, including financial services, infrastructure, natural resources, policy, and technology. It engages in transactions within the banking, capital markets, mergers & acquisitions, project development, and project finance practice areas.

Key clients

The firm has developed strong relationships within the banking practice with Lagos State Government and the Nigerian Export Import Bank.  In project development ALP has developed connections with South Energyx Nigeria Limited, Rural Electrification Agency, Ogun State Government, Genco Atlantic Power Company, Eko Utilities Nigeria, and Nigerian National Petroleum Corporation.

Research period review: 34th edition (2024/2025) 

During the research period the firm was active in banking, debt capital markets and projects work. 

In capital markets debt, the firm advised on the extension and upsizing of an existing $20 million commercial paper programme to $69.2 million for Johnvents Industries Limited. 

Client feedback: 34th edition (2024/2025)

"Their teams quick response and paying attention to details also maintain professionalism till the end." - Capital markets 

"We value the continuity and clarity that ALP NG & Co bring to complex transactions—assigning dedicated specialists to each phase of the engagement, maintaining consistency in communication, and ensuring all legal risks are managed without delaying operational timelines. Their commitment to excellence, regulatory foresight, and tailored legal strategy makes them a trusted legal partner for projects with both national scope and local impact." - Project Development 

"Oyindamola Omisore's reliability, attention to detail, and ability to provide practical legal advice that aligns with our broader project objectives. She is highly responsive, solution-oriented, and proactive in addressing regulatory and operational challenges as they arise. Oyindamola delivers excellent service, often going beyond standard legal support to ensure that complex processes move forward smoothly and efficiently." - Oyindamola Omisore 

"Adebola pays attention to details to details and is always ready to improve." - Adebola Adesida

Aluko & Oyebode is a full-service corporate law firm in Nigeria. The firm was founded in 1993 and has grown to have over 80 attorneys and offices in Lagos, Abuja, and Port Harcourt. 

Focusses / specialisms 

The firm has a very strong practice in every ranked area in Nigeria, achieving top tier status across all of them. 

Key clients 

The firm has developed strong relationships within the banking and finance industry, specifically with MTN Nigeria Communications, Bank of Baroda, Standard Chartered Bank, FirstRand Bank, Ecobank Nigeria, Absa Bank, Citibank, Goldman Sachs, and JP Morgan.  

In capital markets the firm has connections with Consolidated Receipts Management, FCMB Asset Management, Rand Merchant Bank, Africa Finance Corporation, Access Bank, Coronation Merchant Bank, the Nigerian Stock Exchange, MTN Group, Allianz Nigeria Insurance, and Lekoil.  

In M&A the firm has developed bonds with Access Corporation, Allianz Crown, Flour Mills, Petrobras International Braspetro, Metropolitan International Holdings, and Lafarge Africa.  

In project development the firm has relationships with Africa Infra Plus Fund, China Development Bank, Shelter Afrique, Powerchina Huadong Engineering Corporation, and International Flavors & Fragrances.  

In project finance it has connections with Petrogap Oil and Gas, Africa Infra Plus Fund, Guaranty Trust Bank, Stanbic IBTC, Guaranty Trust Bank, First City Monument Bank, and Polaris Bank.

Research period review: 34th edition (2024/2025) 

The firm was active in banking, debt and equity capital markets, M&A and projects work during the research cycle. 

In M&A, the firm advised Access Holdings and the majority shareholder of Access Pensions in connection with the acquisition of a majority equity stake in ARM Pensions. The merger led to the establisment of the second largest Pension Fund Administrator in Nigeria. 

In banking and finance, the firm advised Africa Finance Corporation (AFC) in connection with an estimated EURO 2 billion term loan to Bank of Industry (BOI)

Client feedback: 34th edition (2024/2025) 

"A & O reviewed and advised on the transaction with such distinct level of depth and made the bank understand all the options available in the circumstance. their advise was a guiding light for the bank." - Banking and finance

"We have appreciated Aluko & Oyebode’s responsiveness, as well as the professionalism of their team in handling our work." - Investment funds

"They are a professional service and responsive to our many queries and changes." - Restructuring

"The depth of their expertise and turnaround time." - Project Development 

"His legal advise and being able to break it down in such simplistic way and manner." - Dare Senbore

"He is very responsive." - Orinari Horsfall 

"Responsiveness and communication." - Ajibola Asolo

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. 

Bloomfield Law Practice is a boutique commercial firm in Nigeria. It was founded in 2007 in Lagos and is led by managing partner Adekunle Obebe.

Focusses / specialisms

The firm has a particular focus on energy project development work, but the firm is also very active in M&A and project finance transactions.

Key clients

In banking key clients include Guaranty Trust Bank, Milhouse Incorporated, Telford Offshore, Investec Bank, Nedbank, Nigerian National Petroleum Corporation, Purple Capital Partners, Aramex Delivery Services, Middle Band Solar One, Sterling Bank, First Bank and Stanbic IBTC Bank.

In capital markets key clients include Zomay Marine and Logistics, Emerging Capital Africa Group, CapitalTrust Asset Management and Investment, One 17 Capital, God is Good Group, Beta Venture Partners, EaziFund Capital, SME Funds Capital, Starsight Nigeria, Norinco International Cooperation and Ejovi Dredging and Marine Services.

In M&A key clients include Conoil Producing, CEU-CEEC, Optimera Energy, Ribbit Capital, Harbour Point Marine and Energy, Expand Exploration & Production, Engie Fenix Nigeria, Purple Capital Partners, Sea Transport Services Nigeria, and Mocoh Oil and Gas.

In project development key clients include Cosgrove Energy, Nigerian Upstream Petroleum Regulatory Commission, Nigerian National Petroleum Corporation, Expand Exploration and Production, Harbour Point Marine and Energy, Niger Delta Exploration and Production, Nigerian Gas Marketing Company, Sun Africa, eN Consulting and Consulting, Engie Fenix Nigeria, Enaro Energy and Middle Band Solar One.

Highlights (2024/2025) 

The firm is offering ongoing advise as joint transaction counsel in connection with the establishment of USD 138 million to  Kano State Sukuk Programme, an Islamic financing by the Kano State Government of Nigeria. 

The Firm advised Continental Oil & Gas on the USD 175 million facility obtained from First Bank of Nigeria Limited  to part-finance the clients participating interest in Oil Mining Lease. 

Client Feedback: (2024/2025)

 "Bloomfield were able to deliver in-depth knowledge of the Legal implications of certain clauses in Agreements with a strong business and legal mind set." - Project Finance 

"The team's willingness to check and re-check application documents, using checklists and always being reachable and responsive is really great. They are very thorough." - Project Development

"What stood out about Bloomfield LP was their deep expertise in M&A and finance transactions, particularly in the distressed asset and special situations space. Their team demonstrated a strong commercial understanding of both the regulatory framework and the practical realities of acquiring assets from financial institutions in Nigeria. We appreciated their ability to anticipate legal and operational challenges early in the process, and their proactive approach to problem-solving helped us stay ahead of potential issues. The team was highly responsive, detail-oriented, and collaborative — providing clear, actionable advice at every stage of the transaction. Their ability to balance legal rigour with commercial pragmatism made them an invaluable partner on this deal." - M&A

"They were very prompt and proactive. Bloomfield LP demonstrated competence and excellence." - Banking and finance

"Adedoyin is very knowledgable and business savvy. He's very good at finding solutions and giving excellent legal advise." - Adedoyin Afun 

"She is outstanding." - Amanda Umo 

"Ayodele Oni has a deep knowledge of the industry and is able to use this knowledge to support Daystar Power. He clearly articulates regulatory requirements and is meticulous with documentation." - Ayodele Oni

"He is efficient and brilliant. His quality of work is great." - Ayodele Oni

"Ayodele Oni demonstrated exceptional expertise and leadership throughout the transaction. He provided clear, insightful guidance on the complex regulatory and compliance issues involved in transaction, ensuring all legal risks were thoroughly identified and managed. His proactive approach helped anticipate potential challenges related to asset transfer and company regulations, allowing the team to address them efficiently. Additionally, Ayodele’s responsiveness and practical advice greatly facilitated smooth negotiations and expedited closing. His ability to balance legal rigor with commercial pragmatism was instrumental in delivering a successful outcome for Fringe. Ayodele is also very resourceful and has a great network. Chances are that he knows the lawyers on the other side which makes negotiations smoother." - Ayodele Oni 

Duale Ovia & Alex-Adedipe is a commercial law firm based in Lagos Nigeria.

Focusses / specialisms

The firm has a focus on banking, debt and equity capital markets, M&A and project finance. Within these areas the firm has a focus on financing transactions.

Key clients

The firm has developed relationships with Polaris Bank Raenest, DMS Immobiles Nigeria, Swiss Pharma Nigeria, Bankly, Ojaja Pan Africa, Parthian Partners Funding, Voda Infrastructure Refi Company, Fayus Limited, Purple Real Estate Income, Yikodeen Africa Corporation, African Alliance Insurance, Page International Finance, Trosk Investment DMCC Adeleke, Ministry of Finance Incorporated (MOFI), Royal Power and Energy, SAO Capital. 

Highlights (2024/2025) 

The firm advised as solicitor to the Issuer, Voda Infrastructure Refi Company, in connection with its USD 64.5 million Bond Issuance Programme.

The firm also advised as legal counsel to Polaris Bank Limited in connection with the restructuring of a USD107.5 million loan facility granted to Marine Platforms Limited.

Client feedback: (2024/2025) 

Project Development 

"The teams dedication and experience." 

Oluwaseun Ojo

"Fast response and delivery of task." 

G Elias & Co is a business law firm in Nigeria. The firm was founded in 1994 and has grown to have offices in Lagos and Abuja. The firm is led by 9 partners and has 33 associates supporting them. The firm is a member of Multilaw, an alliance of global law firms.

Focusses / specialisms

The firm has a strong practice across most ranked categories for Nigeria, achieving top tier ranking in banking, debt and equity capital markets, M&A, and infrastructure projects.

Key clients

The firm has developed strong relationships within the banking practice with Goldman Sachs, Citibank, Infracredit Guarantee Company, Standard Chartered Bank, ICBC Standard Bank, Credit Suisse, and African Export-Import Bank.

In the capital markets space the firm has connections with Transcorp, BUA Cement, Asset Management Corporation of Nigeria, Dufil Prima Foods, Constant Capital Markets and Securities Limited, Lagos State Government, First Bank of Nigeria, Sterling Bank, FBNQuest Merchant Bank, Citigroup, Chapel Hill Denham Advisory, AIICO Insurance, Dunn Loren Merrifeld Asset Management and Research Company, and Food Concepts.

In M&A G Elias & Co has ties with MTN Nigeria Communications, Shell International, Cement Company of Norther Nigeria, China Harbour Engineering Company, Asset Management Corporation of Nigeria, Tolaram Africa, and Lanka Orix Leasing Company.

In project development the firm has relationships with Lagos State Government, China Harbour Engineering Company, Green Energy, Chevron, BUA International, Siemens Energy, Dar Al-Handasah, Summit Oil International, and CCETC Ossiomo Power Company. 

In project finance the firm has connections with EDFI (European Development Finance Institutions), African Import-Export Bank, Africa Finance Corporation, AMNI International Petroleum Development, and Ariel Foods.

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in banking, debt and equity capital markets, M&A, project development and project finance.

In banking the firm worked on financings and loans including acquisition and trade financings mainly for lenders in the banking, financial services and oil and gas sectors.

In debt capital markets the firm worked on bond and note issuances for mainly issuers connected with the financial services, consumer goods and services, government, and banking sectors.

In equity capital markets the firm worked on IPOs and secondary share offerings such as rights issue, private placement of shares and share capital increase for clients connected mostly with the banking, food and beverage, and financial services sectors.

In M&A the firm worked on acquisitions, divestments, financial investments, and joint ventures for clients linked to the financial services, insurance, technology, healthcare and energy sectors.

In project development the firm worked on energy and infrastructure projects for clients in the oil and gas, renewable energy, construction, infrastructure, banking and financial services sectors.

In project finance the firm worked on financings for mainly lenders in the banking, oil and gas, renewable energy, and financial services sectors.

Deal highlights: 34th edition (2024/2025)

In debt capital markets, the firm advised on the market first USD 2 billion bond progaramme and the issuance of up to US$500 million as Series 1 bond issuance by the Federal Government of Nigeria through the Debt Management Office (“DMO”). 

The firm advised Shell International B. V. on the divestment of one hundred per cent  of its shares in Shell Petroleum Development Company of Nigeria to Renaissance Africa Energy Holding. This transaction represents one of the largest ever in the petroleum sector in Nigeria. 

The firm also advised Transcorp Power Plc on listing its 7.5bn shares on the main board of the Nigerian Exchange Group. The listing of the Company was the first listing on the Nigerian Capital Market for the year 2024.

Client Feedback: 34th edition (2024/2025)

"G Elias has deep financial market experience and its advice is succinct and pragmatic." - Asset finance

"Thorough legal due diligence process." - Capital Markets

"Maintained professionalism and integrity throughout the process." - Capital Markets

"Deep expertise. succinct and to the point. pragmatic advice that is easy to use / implement." - Professor Elias

Giwa-Osagie & Co is a full-service law firm which has been active in Nigeria for 30 years. The firm is a part of Lex Africa and has two offices in Abuja and Lagos.

Focusses / specialisms

The firm has is active in the banking space and is active in the capital markets debt and equity, project development and restructuring and insolvency spaces. 

Key clients

Notable clients of the firm include Emirates, Deutsche Bank, Monster Energy, Nov Oil & Gas, MG Premier

Research period review: 34th edition (2024/2025)

During the research period the firm was active in Banking. 

In banking the firm worked on project finance work for firms in financial services on both domestic and cross border transactions.

Greychapel Legal is a boutique firm specialising in business law in Nigeria. The firm was founded in 2015 and has an office in Lagos.

Focusses / specialisms

The firm has a particular strength in M&A transactions and the firm is a specialist in Islamic finance transactions.

Key clients

The firm’s key clients include Accel Investment Company, Aigle, Victory Medical Centre, ONL Foundation, Mainstreet Capital, Moor Villas Development, Neimeth International Pharmaceuticals, Purple Real Estate Investment, Quaint Power and Infrastructure, Quality Power and Infrastructure and Workstation International Co-work.

Research period review: 34th edition (2024/2025)

During the research period the firm was active in capital markets debt, M&A and projects work. 

In capital markets debt, the firm was active advising on the issuance of bonds, notes and commercial paper issuances for financial service institutions and government institutions. 

 In M&A, the firm assisted private and listed clients on acquisitions. 

In projects, the firm advised on a range of private public partnerships (PPP) and project financings for private project developers and state entities. 

Ikeyi Shittu & Co, founded in 2005, is a full-service business law firm. The firm has offices in Lagos and Enugu States and the Federal Capital Territory of Nigeria.

Focusses / specialism

The firm specalises in M&A and project development work for domestic clients.

Key clients

Clients of the firm include Nestoil Limited, White Dove Shipping, Zaffire Systems, Artee Industries, Kasi Cloud, Norrenberger Advisory Partners, Grassroot Developers, Karasa Investments, Artee Inudstries, Carbon Afrika/Zion Energy Awka

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in M&A, project development and restructuring and insolvency.

In M&A the firm worked on mergers and joint ventures for clients in the energy and construction sectors among others.

In project development the firm worked on deals for clients linked to the infrastructure and energy sectors.

In restructuring and insolvency, the firm worked on restructurings for clients in the oil and gas sector.

Jackson Etti & Edu is a full-service law firm established in Nigeria in the 1990s. The firm has 11 partners and has hubs in Lagos and Abuja and associate offices in Port-Harcourt, Accra, Harare and Yaounde.

Focusses / specialisms

The firm has a particularly strong practice in banking but also has a focus on debt and equity capital markets and project finance transactions.

Key clients

In banking key clients of the firm include the Deutsche Bank, MUFG Bank, Export-Import Bank of China, Standard Chartered Bank, Stanbic IBTC Capital, SFC Finance, First City Monument Bank and Main One Cable Company.

In capital markets key clients of the firm include Lagos State Government, Edo State Government, Colgate-Palmolive Company, Standard Chartered Bank, Stanbic IBTC Capital and Africa Capital Alliance.

In M&A key clients of the firm include Tana Africa Capital II, Actis, Standard Chartered Bank, Colgate-Palmolive Company, NPF Pensions and Shareholders, Asha Microfinance, Stanbic IBTC Capital, SFC Finance and First City Monument Bank.

In projects, key clients include Energia Taiwo Adeshina, Powell (UK), Orange Island Development Company, TAF Global Taiwo Adeshina, West African Gas 

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in banking, debt and equity capital markets, M&A, project development, projects. 

In banking the firm worked on loans and financings including acquisition and corporate financings for mainly lenders in the banking and financial services sectors.

In debt capital markets the firm worked on bond issuances for clients connected with the government and banking sectors.

In equity capital markets the firm worked on secondary share offerings such as private placement and share offer for clients linked to the financial services sector.

In M&A the firm worked on acquisitions, divestments, financial investments and mergers mainly for clients in financial services, agriculture and consumer goods sectors.

In project development the firm worked on projects including concessions, EPC contracts and PPP for clients in the real estate, infrastructure, oil and gas and power sectors.

Deal highlights: 33rd edition (2024/2025)

Africa Finance Corporation USD 200 million financing 

WalterSmith Refinery and Petrochemicals Company NGN10 billion financing 

Client Feedback: 33rd edition (2024/2025)

 "I admire their commitment and dedication to work. Regarding the engagement we collaborated on, they were very proactive in attending to the client's requests and provided reassurance to the client on legal matters." - M&A

"The firm is knowledgeable about the law, politics and commercial spheres of our business." - PPP/PFI 

"Adekunle provides sound expert advice." - Adekunle Soyibo 

"Proactive and accepts feedback from clients gracefully" - Adekunle Soyibo 

"He does real estate well legal advisory and documentation well." - Taiwo Adeshina

Olaniwun Ajayi is a full-service commercial law firm from Nigeria. The firm was founded in 1962 and has since developed relationships with over 50 firms within its network, and grown to more than 140 lawyers, including 14 partners. The firm’s offices are in Lagos, Abuja, and Port Harcourt and more recently Olaniwun Ajayi has an office in London. 

Focusses / specialisms 

The firm has a strong practice across all recognised practice areas achieving tier 1 status for banking, debt and equity capital markets, M&A, energy and infrastructure project development and project finance. The firm is also active in restructuring and insolvency. 

Key clients 

The firm has developed strong relationships within the banking practice namely with Nigerian National Petroleum Corporation, International Finance Corporation, Seplat Petroleum Development Company, African Finance Corporation, Sterling Oil Exploration & Energy Company, First Bank of Nigeria, Union Bank of Nigeria, First City Monument Bank and Ecobank Nigeria. 

In capital markets the firm has connections with Ava Capital, Dangote Cement, Dangote Industries, Bank of Industry, Citi Group Global Markets, Goldman Sachs, Airtel Africa, FBN Quest Merchant Bank, and the Lagos State Government. 

In M&A Olaniwun Ajayi has ties to First Pension Custodian Nigeria, Suntory Beverage & Foods Asia, Moody’s Group Cyprus, BUA Cement, Canal + International SAS, Actis, Colina Holdings, and Lakepoint Towers Property Development Company. 

In projects the firm has developed bonds with Nigerian National Petroleum Company, Nigerian National Petroleum Corporation, Nigeria LNG, Nigerian Upstream Petroleum Regulatory Commission, First Investment Development Company, Zenon Petroleum & Gas, Thames Investment Company, Wells Properties & Investment Company, NEoTOffgrid Africa, Evercare Group, and Tolaram Group. 

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in banking, debt capital markets, M&A and projects. 

In banking, the firm worked on loans and financings including trade and acquisition finance for mainly lenders in the energy, financial services, and industrials and manufacturing sectors. 

In debt capital, markets the firm worked on bond and sukuk issuances for clients connected to the banking, financial services, energy, government, and manufacturing sectors. 

In M&A, the firm worked on mergers, financial investments, divestments, and acquisitions for clients mainly in the banking, investment management and financial services sectors. 

In projects, the firm worked on energy and infrastructure projects for developers and sponsors in the oil & gas, mining, aviation, transport and government sectors.  

Deal highlights: 34th edition (2024/2025)

International Finance Corporation (IFC) $50 million financing in the Lagos Free Zone Company (LFZC)

Federal Government of Nigeria $2 billion domestic bond issuance programme 

Infrastructure Credit Guarantee Company NGN27 billion capital raise 

Huaxin  indirect acquisition of a majority stake in a Lafarge Africa

Pavestones is a boutique law firm with its offices located in Lagos, Nigeria.

Focusses / specialisms

The firm has an active presence across banking, M&A, private equity, and projects. The firm has a specialised focus on advising on banking transactions including financial services regulatory for clients in the banking and financial services sectors.

Key clients

The firm’s key clients include MOB Integrated Services, HerVest for Women, Tenn Microfinance Bank, DamDam Global Services, Bank of Industry, Prembly, Doris Technical Assistance Holding, Blue Frontier Group, Akalo Energy, Project UCF, Charterhouse Lagos, Forge Concept Seun 

Research period review: 34th edition (2024/2025)

During the research period the firm was particularly active in banking practice, M&A, private equity and projects. 

A notable highlight includes advising CallUp Technology in its landmark Public-Private Partnership (PPP) Agreement with the Lagos State Ports Authority.

In M&A, the firm is advising Prembly on its strategic acquisition of Peleza International for $4 million. The transaction represents one of the first of its kind in the African fintech space. 

Client Feedback: 34th edition (2024/2025)

Financial Service Regulatory

"Timeliness and knowledgeability." 

"Pavestone Legal stands out for their deep understanding of our industry, attention to detail, and practical approach to problem-solving. Their team is responsive, proactive, and able to balance legal rigor with commercial realities. They consistently provide clear, actionable advice, anticipate potential risks, and present solutions tailored to our operational needs. Their ability to combine technical legal expertise with a collaborative working style makes them a trusted partner for sensitive and high-value matters."

"The team is very responsive and reliable, always available to clarify issues and provide timely advice. They provide practical, business-oriented solutions rather than just legal theory, which makes their advice easy to implement. Their strong understanding of the regulatory and commercial environment in Nigeria gives us confidence that documents and agreements are well-grounded. They are professional, detail-oriented, and thorough in reviewing documents, ensuring that potential risks are flagged early. The team listens carefully to our needs, explains legal concepts clearly, and tailors advice to our specific situation. They inspire trust, maintain confidentiality, and give us confidence that our legal matters are in safe hands." 

Banking and finance

"Professionalism."

Seun Timi-Koleolu

"Seun has consistently demonstrated professionalism, deep legal expertise, and a practical approach to resolving complex matters. His ability to break down intricate regulatory issues into clear, actionable guidance makes collaboration both efficient and insightful. Seun’s responsiveness and willingness to go the extra mile to safeguard our company’s interests stand out, and his personable yet firm negotiation style has been particularly valuable in securing favorable outcomes for us."

Hilary Okorotie

"Good communication."

Eniola Sogbesan

"Eniola pays close attention to detail and ensures documents are watertight and risk areas are covered."

Punuka Attorneys & Solicitors is a business law practice from Nigeria founded in 1947. The firm has offices in three regions of Nigeria. 

Focusses / specialisms 

The firm has a particular strength in capital markets work for domestic clients, however it is also active in banking and projects work as well. 

Key clients 

Key clients of the firm include Tourist Company of Nigeria, Acquila Leasing Company, Hydrodive Nigeria, Pfizer, Noble Group, Royal Exchange Prudential Life, Global Steel Holdings, Ikeji Hotel, Ecobank Nigeria, Clovis/Comcraft, NSIA Insurance, and Cordos Trustees. 

Research period review: 33rd edition (2023/2024) 

During the research period, the firm was particularly active in restructuring and insolvency where the firm advised clients in the real estate, mining, oil and gas and investment management on restructurings including administration, insolvency, and receivership. 

Deal highlights: 33rd edition (2023/2024)

Chinmark Group N474.5 million and £65,000 insolvency

NISL Ventures and Nigeria International Securities N15 billion insolvencies

SPA Ajibade & Co is a corporate and commercial law firm established in 1967. The firm has offices in Lagos, Abuja, and Ibadan. 

Focusses / specialism 

The firm is particularly strong in debt capital markets and M&A work. 

Key clients 

Notable clients of the firm include Cliffe Dekker Hofmeyr South Africa, Cybele Cosmetics, Evans Therapeutics, Marsh, Facebook, First Registrars, Marsh FJC International Insurance Brokers, Fan Milk International, Hempel, Coca Cola Hellenic, UPS, FBN Holdings, First Bank Nigeria, Union Bank of Nigeria, Union Trustees, Balton CP Group, Dizengoff West Africa, Honeywell Group, Anchorage Leisures, Nosak Group, and Ondo State Government. 

Research period review: 33rd edition (2024/2025)

During the research period, the firm was active in debt capital markets and M&A. 

In debt capital markets the firm worked on bond issuances for issuers linked to financial services, government, and construction sectors. 

Deal highlights: 33rd edition (2024/2025)

Federal Government of Nigeria's N50 billion sovereign green bond

Lekoil Nigeria Limited establishment of N1 trillion bond issuance programme

Client feedback: (2024/2025)

Capital Markets

"Depth of expertise and promptiness of work." 

Bukola Iji 

"Top level professionalism."

Established in 1995, Templars is a full-service business firm from Nigeria. It has two offices in Lagos and Abuja. 

Focusses / specialisms 

The firm has a strong practice across most ranked practice areas in Nigeria, achieving tier 1 for their banking, debt capital markets, M&A, energy and infrastructure project work. 

Key clients 

The firm has developed strong relationships within the banking sector with African Development Bank, Actis West Africa Income Managers, Chapel Hill Denham Management, International Finance Corporation, Standard Bank of South Africa, Deutsche Bank, Stanbic IBTC Bank

In capital markets the firm has connections with IHS Holding, Elektron Energy Development, BNP Paribas, Aradel Holdings, Tolaram Group, Access Holdings, United Bank for Africa

In M&A the firm has ties with ExxonMobil, Tolaram Group, EnjoyCorp, Equinor Dayo, Halliburton West Africa Limited and Halliburton Energy Services Incorporated. 

In projects the firm has relationships with Mota Engil, Total Energies, Nigerian Sovereign Investment Authority, Multipurpose Industrial Platform and UTM Offshore. 

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in banking, debt capital markets, M&A and projects.

In banking the firm worked on loans and financings for clients linked to the oil and gas, banking, technology, and financial services sectors. 

In debt capital markets the firm worked on bond issuances including high yield for a mix of issuers, trustees and arrangers from the oil and gas, construction and materials and financial services sectors. 

In M&A the firm worked on financial investments, acquisitions, mergers, and divestments for clients in the energy, telecommunications and financial services sectors. 

In projects the firm worked on energy, infrastructure, and power projects for clients in the oil and gas, power and transport sectors. 

Deal highlights: 33rd edition (2024/2025)

Deutsche Bank landmark $751 million dual tranche financing 

Mobil Producing Nigeria Unlimited $1.283 billion equity divestment to Seplat Energy Offshore Limited

Aradel Holdings listing on the Main Board of the Nigerian Exchange LImited (NGX). It is the largest ever listing by introduction on the NGX. 

Client Feedback: 33rd edition (2024/2025)

 "Expert knowledge of the gas to power sector and the dynamics of international Mergers and Acquisition." - Project finance

Desmond Ogba

"Very Knowledgeable and efficient."

Udo Udoma & Belo-Osagie is a full-service commercial law firm founded in 1983 by Udoma Udo Udoma. The firm has 16 partners and offices in Lagos, Abuja and Port Harcourt. 

Focusses / specialisms 

The firm has a strong practice in banking debt and equity capital markets and M&A in all of which the firm is in the top tier for Nigeria. The firm has a specialism working with clients connected to financial services. 

Key clients 

The firm has developed strong relationships within the banking practice with Aava Brands Limited, Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V., ABSA Bank Limited, Standard Bank of South Africa, Rand Merchant Bank 

In capital markets the firm is connected with Allen Overy Shearman Sterling LLP, Citigroup Global Markets Limited, MTN Nigeria Communications PLC, Presco PLC, Seplat Energy PL and FBNQuest Asset Management Limited, CardinalStone Asset Management Limited, Stanbic IBTC Holdings PLC, United Capital Asset Management Limited, Stanbic IBTC Asset Management Limited. 

In M&A the firm has ties with Seplat Energy, Holcim Group Services, GlaxoSmithKline Consumer Nigeria, Micro Nova Pharmaceuticals, Chapel Hill Advisory Partners. 

In project development the firm has relationships with Sahara Energy, Seplat Energy, CMA CGM Terminals Group, Daystar Power Group, Chapel Hill Denham/Nigerian Infrastructure Debt Fund, and Agility Logistics. 

Research period review: 34th edition (2024/2025)

During the research period, the firm was active in banking, debt and equity capital markets, M&A and project development. 

In banking the firm worked on loans and financings including project financings mostly lenders in the banking, financial services and energy sectors. 

In debt capital markets the firm worked on note, bond and sukuk issuances mainly for clients in the banking and financial services sectors. 

In equity capital markets the firm worked on IPO and secondary share offering for underwriters and issuers in the financial services and consumer goods and services sectors. 

In M&A the firm worked on acquisitions and mergers for clients linked to the investment management, technology and manufacturing sectors. 

In project development the firm worked on energy and infrastructure projects for clients connected with the power, oil and gas, financial services and construction sectors. 

Deal highlights: 33rd edition (2023/2024)

$700,000,000.00 and US$1,500,000,000.00 Notes Issuance by the Federal Republic of Nigeria under its Global Medium Term Note Programme

Seplat Energy PLC  US$650 million senior notes

United Capital Asset Management Limited NGN 1 billion Children Investment Fund

Seplat acquisition of Mobil Development Nigeria and Mobil Exploration Nigeria

Client Feedback: 34th edition (2024/2025)

Banking 

"Their responsiveness, attention to detail, especially where it matters, knowledge of the industry, and their understanding of commercial and practical nuances involved in matters they advise us on. They are also efficient at handholding and guiding us around the legal technicalities involved in matters they advise us on."

Capital markets: Debt 

DealHQ is a commercial law firm in Nigeria with one office in Lagos.

Focusses / specialisms

The firm has a particular focus on M&A work.

Key clients

Key clients of the firm include Tangerine Life Insurance, VFD Group, FCMB Asset Management, Ardova Oil, FlyforValue Aviation, Kuker Holdings, Kuker Agro-Allied, Axle and Cartage, Optima Energy Resources and Cruxstone Development and Investment.

Adepetun Caxton-Martins Agbor & Segun is a commercial law firm in Nigeria established in 1991. The firm has three offices in Lagos, Abuja and Port Harcourt. In 2021 the firm announced a combination with Dentons, branded as Dentons-ACAS Law. Dentons is an international law firm serving 81 countries at 205 locations.

Focusses / specialisms

The firm has a strong practice in energy projects where they have achieved top tier status in Nigeria, but they are also very active in M&A and infrastructure project development work.

Key clients

Key clients of the firm include Sterling Bank, Travelex, Interswitch, Africa Finance Corporation, AP Moller, IHS Towers Citi Ventures, Kuda Technologies and One Payment.

Client Feedback: 32nd edition (2022/2023)

Project development

"Legally very thorough but simultaneously commercially aware, rare in lawyers in my experience. Also, responsive and very professional in their service delivery."

Project finance

"They are very accessible and have a team of brilliant lawyers."

Detail Commercial Solicitors is a commercial law firm based in Lagos.

Focusses / specialisms

The firm has a particular specialism in infrastructure projects but is also very active in all other ranked categories in Nigeria.

Key clients

In banking and finance the firm has developed relationships with Stanbic IBTC Bank, FBN Bank (UK), Infrastructure Credit Guarantee Company, FBN Quest Merchant Bank, Central Bank of Nigeria, The Infrastructure Bank, KfW IPEX Bank, Mercuria Energy and Kann Utility.

In capital markets the firm has developed relationships with Emerging Africa Asset Management, Infrastructure Credit Guarantee Company, KSIP Funding SPV, Falcon Corporation, DLM Advisory, FBNQuest Trustees, Nigeria Mortgage Refinance Company, Nasarawa State Government, Delta State Government, Imo State Government and Kano State Government.

In M&A the firm has developed relationships with Auxano Solar Nigeria, Big Cabal, MBU Capital, Inaccordion International Services, Linkage Assurance, Falcon Corporation, CrossBoundary Energy Access Holdings, Ladol Integrated Logistics Free Zone Enterprise, Consonance Investment Managers and Breakthrough Energy Ventures.

In project development the firm has developed relationships with Lagos Metropolitan Area Transport Authority, Falcon Corporation, Ladol Integrated Logistics Free Zone Enterprise and Impala Energy UK, CrossBoundary Energy Access Holdings, Waltersmith Gas Company, CEC Africa Investments, German Cooperation, GOPA International Energy Consultants and Lafarge Africa.

Research period review: 32nd edition (2022/2023)

During the research period, the firm was active in banking, debt capital markets, M&A, project development and project finance.

In banking the firm worked on loans and financings for clients in the banking and financial services sectors.

In debt capital markets the firm worked on bond issues for issuers in the financial services and oil and gas sectors.

In M&A the firm worked on acquisitions for clients in the energy sector.

In project development the firm worked on projects for sponsors in the energy, transport and financial services sectors.

In project finance the firm worked on financings for mainly lenders in the banking, financial services, real estate and energy sectors.

Deal highlights: 32nd edition (2022/2023)

Capitis Thrift & credit cooperative society acquisition of Mainsail Microfinance Bank

BN Bank £50 million loan facility

Lagos free zone company N20 billion bond issue

Ogun gas power plant project

Client Feedback: 32nd edition (2022/2023)

Capital markets : Debt

"Responsiveness, meeting deadlines, value for money."

"They are very responsive. The law firm tries so hard to stick with the timeline while providing a bespoke service."

M&A

"Detail Commercial Solicitors respond promptly to requests and are very flexible with their availability - often working during the weekend to ensure that the tight project timeline is met. The firm is also competitive on pricing."

Private equity funds

"They are thorough, detailed and committed to working with you through difficult challenges. "

Project development : Energy

"The team was very responsive, provided innovative ideas and delivered promptly on tasks."

"The team adopts a customer-centric approach in providing their services. "

"The firm is extremely knowledgeable on the legal regulatory and commercial requirements pertaining to the Nigerian power sector. "

"Prompt and efficient professional services."

"Knowledge and dynamic flexibility in securing solutions in a challenging environment."

"Very proactive and solution-oriented."

Project finance

"Responsiveness, value for money."

Temidayo Ajayi-Bello

"Super-attentive to client needs, willing to solve problems and available around the clock if that's what it takes."

Anthony Ezeamama

"Responsiveness, results oriented."

"Great resource person in the energy sector. Attentive to understand issues to provide innovative solutions, and follows up consistently until project completion."

"Deep knowledge."

Ayuli Jemide

"Sound commercial judgment, vast experience in corporate restructuring and excellent communication skills."

Dolapo Kukoyi

"Her knowledge of the industry and the legal regime in the energy sector."

"Knowledgeable, versatile and creative in finding solutions to challenging problems."

"Relationship-focused, attentive, solution-finder and very proactive."

Matthew Phillip-Awolu

"He is a thoughtful, responsive and competent adviser. "

"Responsiveness, knowledgeable."

ENR Advisory, formerly called Advisory Legal Consultants, a Nigerian energy and infrastructure boutique law firm based in Lagos and founded in 2011.

Focusses / specialisms

The firm has cultivated an image as a project focused firm with a particular specialism in energy, power and natural resources and is particularly focused on project development energy work. As part of this focus on energy related work the firm is also active in the financing, restructuring and M&A practice areas as well as project development infrastructure.

Key clients

The firm has developed relationships with the Nigeria LNG, Golar LNG, South Atlantic Petroleum, Aiteo, Platform Petroleum, Waltersmith Petroman Oil, Shell Petroleum Development Company, Schlumberger, West African Gas Pipeline Company, Petrobas, Chevron Nigeria, Total, NNPC, Exxon Mobil, and Integrated Hydrocarbon Infrastructure.

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in M&A and project development.

In M&A the firm worked on asset acquisitions and joint ventures for clients linked to the oil and gas sector.

In project development the firm worked on energy projects for clients linked to the oil and gas sector.

Deal highlights: 33rd edition (2023/2024)

Accrete acquisition of Oloye Marginal Field

Gulf of Guinea Pipeilne Project

Platform Petroleum acquisition of Kuri Marginal Oil Field

Oake Legal is a boutique law firm in Nigeria with offices in Lagos and Abuja.

Focusses / specialism

The firm is active across a range of practice areas including debt capital markets, M&A, project development and restructuring and insolvency.

Key clients

The firm’s notable clients include Western Telecoms and Engineering Services Metro, XanderWill, Accelerex, Viathan Engineering, Niger Delta Power Holding Company, Evansbaroque, South-West Agricultural Company (SWAgCo), Ellah Lakes, Evans Baroque Pharmaceuticals, Lagos State Government, New Cruise Housing Development, and PricePointe Wholesale Club.

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in M&A and project development.

In M&A the firm worked on acquisition and financial investments for clients linked to the investment management, technology, and agriculture sectors.

In project development the firm worked on energy projects for clients mostly connected to the power sector.

Deal highlights: 33rd edition (2023/2024)

Lighthouse Capital $45 million note issue

Odujinrin & Adefulu is a commercial law firm in Nigeria established in 1972. The firm operates out of Lagos, Abuja and Port Harcourt.

Focusses / specialisms

The firm has a focus on banking, debt and equity capital markets and project finance.

Key clients

In banking key clients of the firm include Africa Finance Corporation, International Finance Corporation African Export-Import Bank, FBN Trustees, First Exploration and Petroleum Development Company, Rand Merchant Bank Nigeria, Lafarge Africa, Morgan Stanley & Co. International, Citigroup Global Markets, Chapel Hill and Keystone Bank.

In capital markets key clients of the firm include International Breweries, Zenith Assets Management, Lafarge Africa and Chapel Hill Denham Management.

In M&A key clients of the firm include Chapel Hill Denham Management, Interswitch, Fish Valley Investment & Property, International Breweries, Standard Chartered Bank, Oro Home Products, First Exploration and Petroleum Development Company, Lafarge Africa, Rand Merchant Bank Nigeria and Everest 8800.

In project development key clients of the firm include Mobil Producing Nigeria, Star Deepwater Petroleum Development, Independent Petroleum Producers Group, First Exploration and Petroleum Development Company, Chevron Nigeria, West Titan Energy Resources and Heritage Energy Operational Services.

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in banking, M&A, and project development.

In banking the firm worked on loans and financings including trade, acquisition, and project financings for clients, mostly lenders, in banking and financial services.

In M&A the firm worked on acquisitions mostly real estate acquisitions for clients linked with real estate and private equity sectors.

In project development the firm worked on projects for clients in the oil and gas sector.

Deal highlights: 33rd edition (2023/2024)

Bestaf Funding $300 million facility

Central Bank of Nigeria $1 billion financing

Energy Link Infrastructure Malta $130 million syndicated acquisition facility

Fidelity Bank $10 million financing

Client Feedback: 33rd edition (2023/2024)

Banking

“They provide detailed and high-quality deal documents and excellent and speedy legal due diligence delivery. The team is very responsive and available. They have a deep bench of young but high-quality associates who provided support on various deals simultaneously, and deep transaction expertise on banking and finance, energy and acquisition matters, which added value to our transactions.”

M&A

“They consistently demonstrate an impressive level of knowledge and expertise in the area of commercial law. Their team is highly competent and skilled and provides our firm with expert guidance and advice on all legal matters. I am also impressed with their attention to detail and ability to spot contract wordings that can be problematic. They are also always available.”

“They are very responsive and very quickly grasp the requirements of the tasks put before them.”

Adeoye Adefulu

“Dr. Adeoye Adefulu, the managing partner of Odujinrin & Adefulu, is a highly respected lawyer and leader in the legal community. He is widely recognised as an expert in the legal profession, possesses a vast knowledge of the law, and his legal expertise is highly regarded. He has a deep understanding of the complexities of legal issues and is highly skilled at breaking down complex legal problems during contract negotiations.”

Oludamola Awobokun

“She has a good understanding of the issues put before her and if necessary, requests clarifications and this minimises the back and forth which typically result from poor understanding of client requirements. She also possesses commendable follow-up skills.”

Omotoyosi Ajulo Olusola

“Toyosi brings exceptional customer service to her role. She places a high priority on client service, and this is reflected in the way she interacts with us. She is highly responsive to our needs and concerns and ensures that they receive the utmost attention. She is a great asset in any transaction.”

Lateef Bamidele

“Professionalism and great follow-up skills.”

Olajide Oyewole grew out of a corporate law practice established in 1965 by the founder of the firm, Chief Olajide Oyewole. The firm is the Nigeria member of DLA Piper Africa and has more than 40 lawyers.

Focusses / specialism

The firm is particularly strong in M&A work and infrastructure projects work for international companies.

Key clients

Key clients include Lagos State Government, BB Energy, Broll Property Services Nigeria, Cappa & D’Alberto, Pfizer Specialties, Halliburton Energy Services Nigeria, Union Bank, Helios Investment Partner & Helios Capital Management, Palmpay, DHL International Nigeria, Boulos Enterprises Limited, Unilever Plc, Oando Plc, Argentil Capital Partners Limited, Union Bank, MasterCard Foundation, Yamaha Motor Company Limited, and General Electric.

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in M&A, project development, and project finance.

In M&A the firm worked on acquisitions, mergers, divestment, and joint ventures by client connected to energy, industrials and manufacturing, technology, and education sectors.

In project development worked on projects for sponsors in the energy, transport and infrastructure sectors.

In project finance the firm worked on financings for clients linked to the real estate, infrastructure, and energy.

Deal highlights: 33rd edition (2023/2024)

IDP Education $83 million acquisition of Intake Education

Quest Electricity Nigeria N19 billion acquisition of Yola Electricity Distribution

Ringier €50 million acquisition of Livescore Group

Client Feedback: 33rd edition (2023/2024)

Banking

“They show knowledge of the law, good negotiation skills and excellent legal drafting.”

Financial services regulatory

“The firm is diligent in the defense of our business, and we are provided with prompt feedback.”

“Olajide Oyewole's professionalism and prompt response time repeatedly gives us the confidence to use their services.”

Investment funds

“They show professionalism, responsiveness and domain expertise.”

M&A

“They are very professional and timely in their feedback. They understand their client's business very well and this positively affects the quality of the advice they give.”

Project development

“Very professional, provides excellent advisory services, super-efficient and well organised.”

“Responsive, efficient, accurate, gives attention to detail.”

Oluwatomi Etomi

“He provides well-detailed reports and keeps to deadlines.”

Olufunke Fawehinmi

“Funke has a thorough grasp of regulatory issues pertaining to the insurance industry.”

Stephen Ijiola

“Responsiveness, attention to details, care of duty, and expertise.”

Dayo Idowu

“Knowledgeable, client-focused and attentive to detail.”

Tayo Mustapha

“Tayo is professional, courteous and responds to enquiries with the needed level of clarity.”

Oluyemi Oyewole

“Knowledgeable, agile and responsive to the client.”

Sandra Oyewole

“Sandra stays in touch with our business and helps when issues are escalated to her.”

Solape Peters

“A negotiator and provides legal drafting.”

“She communicates well and is passionate about her job, especially she ensures that the interests of her clients are protected.”

Samuel Salako

“Good attention to details. Customer friendly. Meticulous and very knowledgeable.”

The Law Crest is a Nigerian law firm based in Lagos. The firm commenced business in 2000 and is led by managing partner Anthony Nwaochei. 

Focusses / specialisms 

The firm has a particular focus on project related work. 

Key clients 

A key client of the firm isSIRIUS Petroleum. 

Research period review: 32^nd edition (2022/2023) 

During the research period, the firm was active in M&A and project development. In M&A the firm worked on acquisitions for sellers. In project development the firm worked on projects for developers. 

The Metropolitan Law Firm is a Nigerian corporate law firm established in 2006. The firm is led by their founder and managing partner Ummahani A. Amin and has two offices, located in Abuja and Lagos.

Focusses / specialisms

The firm is active in the debt capital markets, M&A and project finance areas.

Key clients

Key clients of the firm include The Federal Government of Nigeria, Debt Management Office of Nigeria, Kano State Government, Family Homes Funds, Manzuwa Ventures, Capital Trust, Adamawa State Government, Niger State Government and Sokoto State Government.

Client Feedback: 31^st edition (2020/2021)

Project finance

"They have very good drafting skills, advisory skills, knowledge of the capital market and customer service relationship skills."

The New Practice (TNP) is a commercial law firm based in Lagos Nigeria. It is led by managing partner Baba Alokolaro. 

Focusses / specialisms 

The firm has a particular focus on debt capital markets transactions. 

Key clients 

The firm has developed strong relationships within the banking practice area with Lagos State Government and One Finance and Investments. 

In capital markets the firm has connections with ARM Trustees. 

In M&A TNP has ties with Ellah Lakes, Consonance Kuramo Special Opportunities Fund II, Arwua Capital Management, uLesson Education Limited, and Frutta. 

Research period review: 33rd edition (2023/2024)

During the research period, the firm was active in debt capital markets, M&A and project development. 

In debt capital markets the firm worked on bond and note issuances for clients connected to energy and consumer goods sectors. 

In M&A the firm worked on mergers for clients connected with the consumer goods sector. 

In project development the firm worked on infrastructure projects for sponsors. 

Deal highlights: 33rd edition (2023/2024)

Bilaad Realty Nigeria N10 billion sukuk issue

Lagos State Blue Line Project

Lagos State Medical Park Project

Client Feedback: 33rd edition (2023/2024)

M&A

“The lawyers are pragmatic and commercially minded. They have become more than legal advisers – they are business partners.”

Bukola Bankole

“Bukola has become my sounding board for all things Nigerian law. She is intelligent and very experienced – with a very down-to-earth approach to resolving issues I raise with her.”

Tokunbo Orimobi is a commercial law firm in Nigeria established in 1979. The firm has four offices in Nigeria located in Abuja, Ibadan, Lagos and Port Harcourt.

Focusses / specialisms

The firm has a particular focus on infrastructure project development but is also very active in banking, equity capital markets and M&A.

Key clients

Key clients of the firm include DLM Capital Group, Export-Import Bank of China, Metrowaves Sports and Infrastructure, STL Trustees, FBN Quest Trustees, Edo State Government, Staco Insurance, Aarti Steel Nigeria, Gombe State Government and Mutual Alliance Mortgage Bank.

Client Feedback: 31^st edition (2020/2021)

Banking and finance

"The lawyers in Tokunbo Orimobi LP in Nigeria can give timely and professional reply. Especially, the rigorous and comprehensive response really impressed me."

Capital markets: Debt

"They provide bespoke services in conducted due diligence, drafting of necessary transaction documents including but not limited to vending agreements, mortgage debenture, legal mortgage, amongst others."

"Expertise on the subject. Attention to details."

M&A

"Ability to meet with the regulator and get results out in good time."

Tsedaqah Attorneys is a Nigerian law firm with offices in Abuja, Lagos and Port Harcourt and an external office in Accra, Ghana.

Focusses / specialisms

The firm has a particular focus on acquisition and bond work.