Nigeria

IFLR1000 Reviews

Financial and corporate
Abdulai Taiwo & Co

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 developed strong relationships in the banking sector and works regularly with the African Development Bank, one of the first firms to do so. Other banking clients include The Infrastructure Bank, Federal Mortgage Bank of Nigeria, Shelter Afrique, and Stanbic IBTC Bank. In project finance the firm has relationships with CEXIM, CRCC International Investments Group, and Siat Nigeria.  

In capital markets the firm has connections with National agencies, the State government, Capital Express Assets and Trust, and Mutual Benefits Assurance. 

In M&A it works with the National Council on Privatisations, Proctor & Gamble, Lancet Services, Coca-Cola, and Michelin Tyre. 

In project development the firm has bonds with CRCC Construction, the Federal Ministry of Aviation, Marina Express Train Services, and Goldtrust. 

 

Research period review: 32nd edition (2021/2022) 

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

In banking the firm's work focused on loans for clients connected with the financial services and maritime sectors. 

In debt capital markets the firm worked on bond and sukuk issues for sponsors. 

In equity capital markets the firm worked on secondary share offerings for clients linked to financial services. 

In M&A the firm worked on acquisitions and joint ventures for clients connected with the energy and manufacturing sectors. 

In project development the firm worked on projects for clients in the energy, construction, transport and public sectors. 

In project finance the firm worked on financings for mainly sponsors linked with the life science, oil and gas and transportation sectors. 

 

Deal highlights: 32nd edition (2021/2022) 

Federal Government of Nigeria N250 billion sovereign sukuk issue 

Ibadan Inland Dry Port PPP project  

International Finance Company and Proparco EUR 15 million loan facility  

Presco N100 million acquisition of Siat Nigeria  

 

Client Feedback: 32nd edition (2021/2022) 

M&A 

"In short, they are positive thinkers and solution oriented." 

 

Project development : Infrastructure 

"Provide timely and professional legal services on certain issues and helpful in resolving all challenges." 

 

Kunle Ayansola 

"He is a problem solver and is solution oriented." 

"Patient communication, professional knowledge and timely reactivity." 

Advocaat Law Practice

Advocaat Law Practice is a full-service commercial firm founded in 2005. The firm is based in Lagos and has grown to have three partners and seven 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 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: 32nd edition (2021/2022)

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 linked to the energy and consumer goods sectors.

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

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

  

Client Feedback: 32nd edition (2021/2022)

Private equity

"Highly professional, reliable and timely service."

 

Uchechi Ibeku

"Patient, discrete."

AELEX

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 in Ghana. 

Focusses / specialisms

The firm is one of the busier in Nigeria, acting on transactions for both international and domestic clients. The firm advises on financing, asset, maritime, project and aviation finance, and is competent in the capital markets space with experience in IPOs, eurobonds, derivatives and rights issues It also act 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. The firm acts as counsel to major players in the oil and gas sector and has one of the few experienced and active mining practices in the market. 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 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 EMTS, Stanbic IBTC, Securities Solutions, Coca-Cola, 7UP Bottling Company, and Securities Exchange Commission. 

In M&A the firm has ties to 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 PetroMetrics, Gigagas, Honeywell Group, SacOil Nigeria, SDP Services, APR Energy, and Van Oord Dredging & Marine Contractors.

Research period review: 32nd edition (2021/2022)

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 loans and financings for clients linked to the banking, financial services and oil and gas sectors.

In debt capital markets the firm worked on bond issuances for clients linked to financial services.

In equity capital markets the firm worked on IPOs and secondary share offerings for clients linked to the financial services, manufacturing and consumer goods.

In M&A the firm worked on acquisitions for clients linked to the financial services and technology sectors.

In project development the firm worked on projects for clients connected to the banking, oil and gas and power sectors.

In project finance the firm worked on financings for clients linked to the oil and gas, power and banking sectors.

Deal highlights: 32nd edition (2021/2022)

Commodities Funding N50 billion bond issue

Kaduna 215MWtt gas power plant project

Rentokil Initial acquisition of Boecker Worldwide

Client Feedback: 32nd edition (2021/2022)

Capital markets : Equity

"They are technically competent in handling capital market litigation."

 

Financial services regulatory

"They spend quality time to understand underlying issues; very analytical in bringing out insights; strong in providing judicial precedents; transparent in analysis of chances of success of an appeal."

 

Private equity

"Very responsive and commercial."

 

Davidson Oturu

"He is technically sound and receptive."

 

Chinyerugo Ugoji

"Balanced. Great judgement."

 

Adedapo Tunde-Olowu

"Proactive, knowledgeable, diligent, responsive, highly professional."

Ajumogobia & Okeke

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 in their work 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 Sboftware Nigeria, and Africa Reinsurance Corporation Nigeria.

 

Research period review: 31st edition (2020/2021)

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

In debt capital markets on bond work for the oil and gas sector.

In M&A work focused on a joint venture for the automotive sector.

In project finance the firm assisted in financing work for the automotive sector.

In project development the firm focused on assisting infrastructure work for public sector clients.

 

Client Feedback: 31st edition (2020/2021)

 

Project development: Mining

"They provided a swift response, international perspective, professional and straightforward approach with a knowledge of the market and environment."

 

Kate Onianwa

"Clear understanding of our business and she has good relationship management. She motivates her team well, gives clear accurate advice and has a flexible approach."

Alliance Law Firm

Alliance Law Firmis 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. 

 

Key clients 

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

 

Research period review: 32nd edition (2021/2022) 

During the research period, the firm was active indebt capital markets, project development and restructuring & insolvency. 

In debt capital markets the firm worked on bond issues for clients connected with financial services. 

In project development the firm worked on project related work for clients in the energy sector.  

In restructuring and insolvency, the firm worked on financial restructurings for clients linked to financial services. 

Additionally, during the research period Damian Uche Obi joined the firm and Jude Odikoligbo left the firm. 

 

Deal highlights: 32nd edition (2021/2022) 

GPC-SPV N20 billionbond issue  

Aluko & Oyebode

Aluko & Oyebodeis 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 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 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 it has developed bonds with Crown Flour Mills, Petrobras International Braspetro, Metropolitan International Holdings, and Lafarge Africa.  

In project development the firm has relationships with Anjeed Kafanchan Solar, Powerchina Huadong Engineering Corporation, and International Flavors & Fragrances.  

In project finance it has connections with Guaranty Trust Bank, Stanbic IBTC, Guaranty Trust Bank, First City Monument Bank, and Polaris Bank. 

 

Research period review: 32nd edition (2021/2022) 

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

In banking the firm worked on loans and financings for mainly lenders connected with the banking, financial services and oil and gas sectors. 

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

In equity capital markets the firm worked on secondary share offerings for mainly issuers linked to the banking and financial services sectors. 

In M&A the firm worked on acquisitions, joint ventures and mergers for clients linked to the financial sector. 

In project development the firm worked on projects for clients in the construction, energy, manufacturing and infrastructure sectors. 

In project finance the firm worked on financings for mainly lenders connected with the financial services and energy sectors. 

In restructuring and insolvency, the firm worked on corporate restructurings for clients in financial services. 

Additionally, during the research period AjibolaAsolo joined the firm from FMDQ Group. 

 

Deal highlights: 32nd edition (2021/2022) 

Africa Finance Corporation $750 million eurobond issue  

Africa Trade Finance Mashreqbank $650 million trade finance facility 

Guaranty Trust Holding Company acquisition of Investment One Funds Management  

Malembo Plain refinery project 

 

Client Feedback: 32nd edition (2021/2022) 

Bank lending : Borrower side 

"The team was knowledgeable, professional, responsive and provided guidance that enabled us to get a good deal under difficult circumstances." 

 

Banking and finance 

"Very good on practical legal advice on oil financings. They know market positions and liaise well with other Nigerian counsel to resolve issues." 

"They are responsive and technically sound. Good relationship management also." 

 

Capital markets : Debt 

"The firm is very experienced, professional, efficient and a strategic legal partner in this transaction." 

"They provide sound legal and regulatory advice and support and are diligent and efficient in their service delivery." 

"The firm added value to the transaction in terms of their attention to detail and working within stipulated timelines. The firm ensured all legal documents were properly circulated and reviewed by all parties." 

"The firm are always available and respond very swiftly when reached out to. During the commercial paper programme, they were very proactive and professional. During the inauguration of directors as well, they were very professional and guided the company through the inauguration process." 

 

Capital markets : Equity 

"1. Professionalism. 2. Timeliness. 3. Client friendliness.4. Resourcefulness." 

"1. Timeliness. 2. Professionalism. 3. Versatility. 4. Client friendly." 

"The firm is very responsive, reliable and demonstrates strong expertise in capital markets. " 

 

M&A 

"Timely and professional." 

"I have felt the entire breadth of the experience of the firm in conducting their tasks. It has been very refreshing as it provided a measure of comfort to me as a client that I am in good hands." 

"The firm is very detailed, pragmatic and available to provide commercially tailored advice for clients. More focused on getting the deal done rather than being legalistic." 

 

Private equity 

"Professionalism and patience." 

"In terms of due diligence, the team provided a thorough assessment of potential risks across corporate matters, material contracts, finance and indebtedness, regulatory compliance, real property and assets, claims and litigations, etc. In terms of transaction structuring, the team prepared the final agreements for the transaction and supported in the negotiation process." 

 

Abisola Akinyemi 

"Professional and patient." 

 

Ajibola Asolo 

"1. Professionalism. 2. Knowledge and intellect. 3. Attention to detail. 4. Timeliness." 

"1. Professionalism. 2. Timeliness. 3. Client friendliness. 4. Versatility." 

"He is always available to listen and proffer solution no matter the time of day. He is very practical on deals and has a very deep understanding of M&A." 

 

Chiderah Azodoh 

"Great listener, problem-solver, highly skilled and efficient." 

 

Olubunmi Fayokun 

"She has wide market and industry experience that she places at our disposal. She is also well-networked when it comes to providing up-to-date guidance on regulatory matters." 

"She is a thorough professional. She is detailed and gives insightful perspectives on similar instances." 

 

Oghogho Makinde 

"Depth of knowledge, responsiveness, strategic yet pays attention to details." 

 

Ngo-Martins Okonmah 

"He is very knowledgeable about his space. He manages clients' expectations well. " 

 

Abisola Onadipe 

"She is very experienced, professional and pays a lot of attention to detail. She understands the need for swift action and responds promptly." 

 

Funmilayo Otsemobor 

"Very personable; good communicator; calm. " 

"Solid!" 

 

Ayodeji Oyetunde 

"He and his team assisted us to think through potential solutions to a problem we had on a transaction that his firm was not directly engaged on. The team is always willing to assist us whether or not we have a live transaction with the firm." 

"He has a calm demeanour. He is very approachable, exhibits great attention to detail and always brings his expertise to bear on every transaction. " 

"Highly knowledgeable and professional." 

Banwo & Ighodalo

Banwo & Ighodalo is a corporate and finance law firm in Nigeria. It was established in 1991 and has grown to comprise over 90 lawyers.

Focusses / specialisms

The firm has a strong practice across all ranked practice areas achieving tier 1 in banking, debt and equity capital markets, M&A, energy and infrastructure project development and project finance. The firm has a particular specialism in working with clients connected to financial services on a range of deals.

Key clients

In banking the firm has developed relationships with Oando, ACTIS Capital, Dangote Group, Sterling Bank, The Standard Bank of South Africa, Newcross Exploration and Production, Tempo Paper Pulp and Packaging, and United States Development Finance Corporation.

In capital markets the firm has developed relationships with Federal Government of Nigeria, Fidelity Bank, Dangote Cement, Stanbic IBTC Capital, First City Monument Bank, North South Power Company, UACN Property Development Company, Lagos State Government of Nigeria.

In M&A the firm has developed relationships with E-Motion Advertising, TP ICAP group of companies, INTL FCStone, FCMB Group, FBN Holdings, FBNQuest Capital, Synergy Capital Managers; AFIG Funds, Rand Merchant Bank Nigeria, Indorama Netherlands, and Seven Energy Group.

In private equity and investment funds the firm has developed relationships with Africa Plus Partners Nigeria, Africa Capital Alliance, Cardinal Stone Partners, The Carlyle Group, Coronation Capital, Helios Investment Partners, Oakwood Green Capital, Synergy Capital Managers, Uhuru Capital and Verod Capital Management.

In project development the firm has developed relationships with Nigerian National Petroleum Corporation, Gas Aggregation Company Nigeria, Bank of China, Nigerian Agip Oil Company, Mulak Energy, Bureau of Public Enterprises, Chevron Nigeria, North South Power Company Nigeria, Greenville Liquefied Natural Gas Company.

Research period review: 32nd edition (2021/2022)

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

In banking the firm worked on loans and financings for mainly lenders in the banking, transport, oil and gas and telecommunications sectors.

In debt capital markets the firm worked on bond issues for clients linked to the banking, financial services and manufacturing sectors.

In equity capital markets the firm worked on secondary share offerings for clients linked to the telecommunications sector.

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

In project development the firm worked on projects for mainly sponsors and developers in the oil and gas, renewables, and real estate sectors.

In project finance the firm worked on financings for clients in the oil and gas sector.

In restructuring and insolvency, the firm worked on restructurings for clients linked to the financial services sector.

Deal highlights: 32nd edition (2021/2022)

Fidelity Bank N41 billion bond issue

Equinix $320 million acquisition of MainOne

Ibom Deep Seaport PPP project

Client Feedback: 32nd edition (2021/2022)

Bank lending : Lender side

"Extremely knowledgeable. Very responsive. Patient and persistent. "

 

Bank lending : Sponsor side

"The firm's team are very proactive and provide practical advice for their clients. The team is particularly adept at recognising aspects of transactions which are impracticable. By the same token, they are quick to recommend amendments to transaction structures to ensure a seamless transition from documentation to post financial close. "

 

Capital markets : Debt

"Highly professional. Very passionate and knowledgeable."

"Exceptional knowledge of the law; high degree of professionalism and attention to detail."

 

Capital markets : Equity

"Professional. Willingness and ability to explore the simplest procedure to achieve the objective. Engagement with key regulators to clarify matters and elicit buy-in."

 

Financial services regulatory

"Structured feedback and legal services."

"Proactive and responsive, couple with speed."

 

M&A

"B&I negotiated the sale and purchase agreement on our behalf. The firm provided support to ensure that all relevant corporate approvals were articulated and received in time. B&I provided timely advice. Most positive was their competence in understanding of the rules and regulations and also in M&A negotiation and deal structuring."

"Deep understanding of the law and practical application. Adopting balanced views, which aid in negotiations and reduce the risk of future disputes. Crystal clarity of opinions and recommendations. Responsiveness and commercial acumen. Very client centric."

"Industry knowledge and attention to detail. Also swift to respond and always prioritised our requests."

"Very high level of competence, professionalism and industry know-how was demonstrated by the team, from the partner to the associates. "

 

Project finance

"They already understand our preferred mode of financing, take instructions very well, and proffer solutions to emerging problems. "

 

Seyi Bella

"Very professional and knowledgeable. Responsive and flexible. Patient and understanding. Leveraged firm's resources well, relying on capable team members. Diplomatic."

 

Azeezah Muse-Sadiq

"Knowledge. Calmness. Courage. Innovative solutions. Solutions-driven approach. Firmness. Wide experience. Always looking out for the client."

"Very professional, knowledgeable and approachable."

"She is truly exceptional in her knowledge of corporate/commercial law. She is a thoroughbred professional. She pays attention to detail."

"On top of their job."

"Azeezah is extremely conversant with the relevant rules and regulations. She is also very experienced. These two factors enable her to provide innovative and practical solutions. "

"She embodies the qualities we like in the firm and we specifically request her on our work. Incredibly client focused. Deep understanding of corporate law. Practical, balanced, ethical advice. Creative problem solver. Clear communicator."

 

Kehinde Ojuawo

"He has vast experience and is able to provide succinct, practical and useful advice to clients. "

"Provides fantastic feedback and takes time to explain issues, making them easy to understand."

 

Daniel Olika

"Attentive, prompt feedback. "

 

Ayotunde Owoigbe

"Knowledgeable, personable and sharp."

"Competence, know-how and overall professionalism. "

Bloomfield Law Practice

Bloomfield Law Practice is a boutique commercial firm from Nigeria. It was founded in 2007 in Lagos and is led by managing partner Kunle Obebe. The firm has a team of 10 legal practitioners.

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

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

In project development key clients include 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.

Research period review: 32nd edition (2021/2022)

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 mainly borrowers in the oil and gas, financial services and telecommunications sectors.

In debt capital markets the firm worked on bond, note and sukuk issues for clients in the financial services and real estate sectors.

In M&A the firm worked on acquisitions and joint ventures for clients connected with shipping, energy and financial services.

In project development the firm worked on projects for clients in the oil and gas, transport and financial services sectors.

In project finance the firm worked on financings for clients connected with technology and telecommunications.

Deal highlights: 32nd edition (2021/2022)

Ajaokuta-Kaduna-Kano project

OneWatt Solar N2 billion green bond issue

Purplemoney joint venture with Aladdin scheme

Trustbanc Holdings N 1.8 billion loan facility

Client Feedback: 32nd edition (2021/2022)

Capital markets : Debt

"Prompt client engagement and in-depth understanding of the business process."

"Technically efficient; friendly, very intelligent and thorough team members."

"They have skill and experienced practitioners. "

 

Project development : Energy

"They are always available regardless of the time of day; always helpful and revert promptly."

"The team is extremely efficient and competent."

 

Project development : Telecommunications networks

"The firm is very responsive and professional in their handling of our legal needs."

 

Project finance

"The lawyers at Bloomfield Law Practice show incredible understanding and knowledge of the industry where the client operates. The lawyers also have in-depth knowledge of Nigerian corporate and commercial laws. The lawyers are always available when their advice and input is required. They work incredibly well with their UK lawyer counterparts. "

"They have a team of experts in most areas of specialisation."

"1. They are very professional in their dealings. 2. They handhold their clients and ensure all the legal implication of the deals are well understood by the client. 3. They really value their client and at times go above and beyond to ensure the client is satisfied. "

 

Restructuring

"They were able to analyse and provide the right advisory services on our gas supply project."

 

Adedoyin Afun

"A perfect gentleman. Very responsive and professional."

"Good leadership skills and technical knowledge of the industry."

"Very sound in the area of transportation."

 

Ebele Folorunsho

"She is a true professional. Takes her time to listen to your requirement and how to get it solved. She is always accessible."

 

Ayodele Oni

"He is extremely competent and fast."

"Ayodele Oni always shows good understanding of the subject and he always takes time to provide detailed and unambiguous answers. "

"He has in-depth and well-articulated knowledge of the Nigerian gas and power industry."

"He is very innovative with solutions to issues and always willing to help."

 

John Sunday

"Constant follow-up on mandates."

Detail Commercial Solicitors

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 (2021/2022)

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 (2021/2022)

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 (2021/2022)

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."

Duale Ovia & Alex-Adedipe

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

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 the Lagos State Government, Chinese Development Bank, Parthian Partners, Alinea Ventures Partners, Spontalis Ventures Partners, Drosk Company, Life Bank Technology and Logistics Services, Solad Integrated Power Solutions, Connected Analytics, Arca Payment, Reliance HMO, Prestige Insurance, Duport Midstream Company, Zrosk Investment Management, and OxygenHub International

Research period review: 32nd edition (2021/2022)

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

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

In debt capital markets the firm's work focused on assisting issuers linked to the financial services sector with bond issues.

In M&A the firm worked on acquisitions for acquirers and sellers in the financial services, oil and gas, and technology sectors.

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

In restructuring and insolvency, the firm worked on restructurings for clients linked to the technology sector.

Deal highlights: 32nd edition (2021/2022)

BMCE Bank International $13 million loan facility Nobel financial services $20 million investment in ARCA Payments Company

Solad Integrated Power Solutions electrification project

 

Client Feedback: 32nd edition (2021/2022)

Banking

"1. Competence: the firm displayed a clear understanding of the process/project and were able to advise appropriately. 2. Integrity: the firm at all times ensured transparency and compliance with all applicable regulatory requirements. 3. Customer focused: the firm strove to obtain detailed financial and non-financial information in order to effectively advise and discharge their responsibilities. 4. Detail-oriented: the firm spend their time trying to understand the details of the business engagement in order to advise adequately. 5. Timely notification: the firm notifies us of any changes in the statutory, legal or compliance framework within our industry promptly. "

 

Capital markets : Debt

"They are efficient, have a quick turnaround time, experts in their field and very professional."

 

Capital markets : Structured finance and securitisation

"1. Great value for their efficiency at tasks carried out.
2. The law firm is always looking for ways to improve and protect our outcome in transactions carried out. "

 

Financial restructuring

"A firm with excellent lawyers. They are detailed in work, responsive to all queries and requests for information. Supportive and conversant in their field of expertise."

 

M&A

"They provide reliable service across a wide range of corporate subject matter."

 

Private equity

"Prompt response to queries. Going above and beyond in the interest of the client. "

 

Funke Alabi

"1. Knowledgeable. 2. Responsive. 3. Excellent communication skills."

 

Seye Ayinla

"He is smart. Very intelligent. Thinks fast on his feet and outside the box. A problem-solver, hard-working and detailed in his work."

 

Chika Oke

"Accessible."

"Clear communication."

 

Sodeek Oluwatobi Oyedeji

"He is very responsive and a problem solver. "

"He is very hard-working, responds promptly to queries and is very knowledgeable. He is very detailed in his work and always available to help. "

ENR Advisory

ENR Advisory, formerly called Advisory Legal Consultants, a Nigerian energy and infrastructure boutique 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 West African Gas Pipeline Company, Petrobas, Chevron Nigeria, Total, NNPC, Exxon Mobil, and Integrated Hydrocarbon Infrastructure.

Research period review: 32nd edition (2021/2022)

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

In M&A the firm worked on 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.

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

Deal highlights: 32nd edition (2021/2022)

OML 11 gas processing plant project

Platform petroleum $10 million acquisition of Egbaoma Plant operating company

G Elias & Co

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 namely with 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 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 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 BUA International, Siemens Energy, Dar Al-Handasah, Summit Oil International, and CCETC Ossiomo Power Company.  In project finance the firm has connections with Africa Finance Corporation, AMNI International Petroleum Development, and Ariel Foods.

Research period review: 32nd edition (2021/2022)

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 for mainly 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 and trustees connected with the financial services, real estate, healthcare and social infrastructure sectors.

In equity capital markets the firm worked on IPOs and secondary share offerings for clients connected with the consumer goods and investment management sectors.

In M&A the firm worked on acquisitions, mergers and joint ventures by clients linked to the financial services, technology and energy sectors.

In project development the firm worked on energy and infrastructure projects for clients in the oil and gas, investment management, renewable energy, construction and real estate sectors.

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

In restructuring and insolvency, the firm worked on restructurings for clients connected with financial services and consumer goods.

Deal highlights: 32nd edition (2021/2022)

Ekpat field project

Mainstreet Microfinance Bank N2.5 billion bond issue

Valar Ventures acquisition of Kuda Technologies stake

Client Feedback: 32nd edition (2021/2022)

Banking and finance

"The firm provides innovative solutions to complex legal issues. They are responsive and have deep knowledge of our industry."

"Knowledge. Capacity. Maturity. Client-centricity. Proactivity. Exceptional responsiveness. Technological support."

 

Capital markets : Debt

"Quality of legal due diligence report; timeliness of report; thoroughness in addressing issues raised."

"The firm demonstrated a high level of professionalism. Deliverables were also completed timely. Their experience in capital market transactions was very valuable."

"They provided legal counsel on the structuring, due diligence and all requisite agreements for the issuance. They conducted their affairs in a very timely and professional manner. I particularly commend their ability to think of innovative ways of solving transaction complexities. "

"Very knowledgeable; very responsive; added immense value on the transaction; excellent document review."

 

Capital markets : Equity

"Good depth of knowledge and expertise in Nigerian ECM law and requirements, appropriate for role, considering the transaction's complexities."

"Detailed. Regulatory knowledge. Great turnaround time. Hands-on."

 

Capital markets : Structured finance and securitisation

"Always available and easy to access. Thorough and diligent. Knowledge and capacity in the capital market practice area. Easy to work with. Work well under pressure and always deliver."

"They are very skilled in the Nigerian legal system and in the knowledge of best legal practices in the finance industry. I like the high level of detail they put in the structuring, documentation and execution of our legal agreements."

 

M&A

"They are diligent in their work and approach. Open to explaining and clarifying their points with the aim of ensuring they are understood."

"The firm is outstanding in the area of merger and acquisitions (M&As). They give astute advice on the type of structure that suits each transaction, especially considering the client's expected outcomes. Furthermore, the firm is excellent in doing the following during M&As: negotiations; due diligence and reporting; review and negotiation of transaction documents; and proffering advice on requisite regulatory processes and other approvals. We can confidently attest that based on our experience with this firm, it is reliable and conducts M&As in an efficient manner, such that nothing fails in the transaction during and after completion of the same."

"A deep and incisive knowledge of the industry, project finance and corporate structuring. Response time is fast and the team are available at short notice."

"They are very professional and very thorough. Their advice is not only on legal issues but practical insights. They are very prompt and dedicated to their craft. They are a first-class legal firm. "

 

Private equity

"The firm are very prompt and accurate in their response, and are very knowledgeable about local Nigeria law and general M&A."

"Thoroughness, speed of delivery, attention to details, and their opinion is well respected in the market."

"1. Solid team with deep bench of quality lawyers. 2.Good knowledge of the renewable energy industry. 3. Excellent blend of legal nous and commercial expertise. 4. Timely response from team to issues and requests. "

"The firm is resourceful and innovative with great attention to detail. They are good at recommending solutions to complex legal issues that arise in the course of a transaction."

 

Private equity funds

"Detailed and high-quality deal documents. Excellent and speedy legal due diligence delivery. Deep bench of young but high-quality associates who provided support on various deals simultaneously. Deep domain expertise within the energy, renewables and private equity space which added value to our transactions. "

 

Project development : Energy

"Excellent technical skills and understanding."

"They are detailed in their review."

"The firm were selected because they are a highly respected and sought-after firm with a recognised and strong local and international brand. The firm have built a strategic and broad network and the diversity of their in-house counsel has ensured skill sets and competences across the broad spectrum of the energy sector. The principal is widely regarded as one of the brightest, most highly respected and more analytical minds in the industry, with very high ethical standards. He has a commanding knowledge and experience in matters of the oil and gas sector in Nigeria."

 

Project development : Infrastructure

"They are thorough and helped with all the project legal requirements. They also advised on the best structure of financing the project . They were extremely active and even acted as a secretariat for the consortium bid. "

"The quality of work they have rendered to us so far is top notch. They are very intentional about client satisfaction and ensuring that an excellent job is done. Also, they are very timely with their feedback. "

"Availability & close coordination; reliable professional services and advice; approved know-how of the services; diligent; meeting deadlines."

"Responsiveness, clear pricing, client-oriented, sound legal advice, broad experience."

"The firm is excellent in that they went above and beyond in providing exceptional excellent service. They met and exceeded expectation and delivered on all of our demands. They are technically sound and subject-matter experts.”

 

Project development : Mining

"The firm is competent, has capacity, is focused and deliberative. The firm is excellent across board."

 

Project development : Telecommunications networks

"Clear pricing, practical advice, good communication, responsiveness."

 

Project finance

"They are thorough, pay sterling attention to details and highly professional."

"Very proactive in response to various opportunities. "

"The firm is dedicated to ensuring that the client's needs are met."

 

Fidelis Adewole

"Responsiveness, communication, practical and sound legal advice."

 

Michelle Chikezie

"She gave a good representation of her firm."

"Very responsive, extremely knowledgeable, vast experience."

"She is responsive to our requests and is able to proffer solutions that meet our needs."

"She is able to lead her term of lawyers to successfully execute transactions. She ensures the transactions are done in a timely and professional manner. She has impressive soft and tactical skills which are required for a profession such as hers. "

 

Gbolahan Elias

"Legal knowledge. Responsiveness."

"Very responsive to requests and think out of the box to provide solutions. "

"He is very knowledgeable and experienced. "

"Vast, detailed and highly professional."

"Depth of legal knowledge and insights on the Industry. Solid knowledge of project financing and corporate structuring."

"He is brilliant, insightful and humble. He is listens and is open to ideas. "

"Attention to detail, knowledge of our business and depth of experience."

"He is widely regarded as one of the brightest, most highly respected and more analytical minds in the industry, with very high ethical standards. He has a commanding knowledge and experience in matters of the oil and gas sector in Nigeria. He is technically very sound. He is patient, very analytical and solutions-driven. He is bold, highly respected and readily takes the lead in challenging situations. He is highly approachable with a strong service culture. He has a diverse and strategic network and has had considerable experience and knowledge in the oil and gas sector."

 

Japhet Eneh

"Even though a partner in the firm, he is very responsive and easily approachable. He is a very good team leader."

"He exhibits the firms hallmarks of professionalism. He is very proficient in understanding legal issues and creates solutions that are innovative, concise and appropriate."

 

Ayodele Kadiri

"Sound knowledge and capacity in capital markets. Easily accessible. Adaptable."

 

Yewande Kolade

"She demonstrates strong industry knowledge and knows how to communicate effectively. She excels at receiving instructions, suggestions and reviews and incorporating our feedback and comments onto our legal documents and agreements."

 

Amarachi Ikevude

"Quality of work and attention to detail."

"Responds to feedback and provides good feedback."

"Diligence to meeting deadlines."

 

Okechukwu Okoro

"Responsiveness, experience, sound judgement."

"Great leader of his legal team."

"Deep domain expertise. Supportive and responsive.

"He has become increasingly important to the firm's deals and is a pleasure to work with."

"Collaborative, adaptable and responsive."

 

Segun Omorege

"Good relationship management, accessibility and legal knowledge."

"He is a solution provider and very hands-on. "

 

Lisa Onianwa

"Turnaround time. Detailed. Follows up."

 

Fred Onuobia

"Exceptional support. Very positive willingness to lend a hand. Exceptionally knowledgeable."

"Sound knowledge of the law, excellent problem-solving skills, easy accessibility and good communication."

Giwa-Osagie & Co

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 a particular specialism in M&A work but is also notable 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 USA Consular General Lagos office, Visa, Monster Energy Company, American International School, Lafarge Africa, Total Nigeria, and Deutsche Bank,

 

Research period review: 31st edition (2020/2021)

During the research period the firm was active in M&A.

In M&A the firm worked on acquisitions and share transfer work for firms in financial services and education on both domestic and cross border transactions.

 

Client feedback: 31st edition (2020/2021)

Financial services regulatory

"The firm was very reactive and achieved great accuracy."

 

Project development: Energy

"They are quite knowledgeable and responsive within a short space of time."

 

Restructuring and insolvency

"The firm was very responsive to all questions with very short turnaround times. They had a very positive attitude whilst working through difficult situations and with difficult people in order to achieve positive resolutions."

 

Osayaba Giwa-Osagie

"Extremely knowledgeable, professional and effective."

"He gives the personal touch to his clients, is professional, has an in-depth knowledge, and knows how to manage costs and expectations of the clients"

Greychapel Legal

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.

                                                                             

Research period review:31st edition (2020/2021)

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

In banking the firm’s work focused on Islamic finance and debt refinancing transactions for clients in real estate and financial services.

In debt capital markets the firm’s work focused on working for issuers connected with the technology sector.

In M&A the firm’s work focused on acquisitional, joint ventures and mergers transactions for clients from manufacturing and real estate.

In project development the firm’s work focused on negotiations and licensing for clients connected with renewables and social infrastructure.

 

Client Feedback: 31st edition (2020/2021)

Bank lending: Lender side

"The firm were diligent and had the industry expertise required."

 

Banking and finance

"The firm gave prompt responses and demonstrated an attention to detail."

 

Restructuring: Corporate

"Very thorough and concise in their advisory services. They were always available to us as clients which meant we had excellent service altogether."

 

Oladele Oladunjoye

"He demonstrated attention to detail, thoroughness, punctuality, tactfulness and excellence."

"He has good knowledge of business and our principal's work methods."

Ikeyi Shittu & Co

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 Carbon Afrika, Norrenberger Financial Group, Century Power, and Elkridge Pipelines.

Research period review: 32nd edition (2021/2022)

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

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 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 Colgate-Palmolive Company, Standard Chartered Bank, Stanbic IBTC Capital and Africa Capital Alliance.

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

In project development key clients of the firm include Federal Government of Nigeria, the Lagos State government, Lagos State Ministry of Energy & Natural Resources and various financial institutions.

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

In restructuring and insolvency key clients of the firm include Baker Hughes, White & Case, Moet Hennessy, Fremantle, IHS Towers, Schneider Electric, Standard Chartered, Bridge Clinic, CHI and Cadbury.

Research period review: 32nd edition (2021/2022)

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

In banking the firm worked on loans and 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 public sector.

In equity capital markets the firm worked on secondary share offerings for clients linked to the financial services sector.

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

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

In project finance the firm worked on financings for clients linked to the financial services sector.

In restructuring and insolvency, the firm worked on restructurings and insolvencies for clients in the public and energy sectors.

Deal highlights: 32nd edition (2021/2022)

Ijora LPG storage terminal project

Lagos State Government N137 billion bond issue

Providus Bank restructuring

Stanbic IBTC Bank and Rand Merchant Bank N1.5 billion loan facility

Uniconfort Maroc Dolidol and Development Partners International acquisition of Mouka

Client Feedback: 32nd edition (2021/2022)

Insolvency

"It was obvious when negotiating a contract with one of the major global energy companies that they were well prepared, mastering the subject and closed the deal to our advantage. They are sharp and speedy."

 

M&A

"They were willing to help on all aspects of the transaction, including areas that were not strictly legal."

"They provide very clear feedback on timelines and requirements in a dynamic environment. They also manage the regulatory process through their strong regulatory relationships. They have been proactive throughout in ensuring that we have been well prepared for each phase. They have also reviewed contracts, documents and communication, providing valuable feedback in all cases."

 

Project finance

"The team is very professional, responsive and sensitive to our needs and aspirations as a client."

 

Restructuring

"Business advisory."

 

Taiwo Adeshina

"He manages the relationship extremely well. He connects proactively and actively looks for ways to add value to us as an organisation."

 

Asamah Kadiri

"Always anticipating risks and proffering alternatives."

"Very knowledgeable in law and wise."

 

Okey Nnebedum

"Very professional, responsive and knowledgeable."

 

Adekunle Soyibo

"Kunle was very helpful in getting the transaction to close, going over and beyond and volunteering to help with issues that were not strictly legal. I was impressed with Kunle and how focused he was on getting the deal to close."

OAKE Legal

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

Evans Baroque Pharmaceuticals, Lagos State Government, New Cruise Housing Development, and PricePointe Wholesale Club

Research period review: 32nd edition (2021/2022)

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

In M&A the firm worked on acquisitions for clients linked to the investment management sector.

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

Odujinrin & Adefulu

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 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 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 Independent Petroleum Producers Group, First Exploration and Petroleum Development Company, Chevron Nigeria, West Titan Energy Resources and Heritage Energy Operational Services.

Research period review: 32nd edition (2021/2022)

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 loans and financings for clients in banking and financial services.

In debt capital markets the firm worked on bond issues for clients in financial services.

In M&A the firm worked on acquisitions for clients linked with financial services.

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

In project finance the firm worked on financings for clients connected to the construction and oil and gas sectors.

Deal highlights: 32nd edition (2021/2022)

Afreximbank $10 million Pandemic trade impact mitigation facility

Client Feedback: 32nd edition (2021/2022)

M&A

"They are very detailed in their responses with up-to-date knowledge and information in the oil and gas sector around the world."

 

Project development : Energy

"O&A provides prompt business-focused legal advice that takes into consideration the peculiarities of your business and the realities of the operating environment."

 

Adeoye Adefulu

"His attention to detail and through knowledge of specific subjects. "

"Adeoye is very knowledgeable about the Nigerian oil and gas industry. He is professional, takes his time to listen and then comes up with innovative and practical solutions to address the needs of his clients."

Olajide Oyewole

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 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: 32nd edition (2021/2022)

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

In banking the firm worked on loans and financings for clients linked to financial services.

In M&A the firm worked on acquisitions, mergers and joint ventures by client connected to financial services and manufacturing.

In project development worked on energy and infrastructure projects for sponsors.

In project finance the firm worked on financings for clients linked to the real estate, financial services, energy and public sectors.

In restructuring and insolvency, the firm worked on restructurings for clients linked to the financial services sector.

Deal highlights: 32nd edition (2021/2022)

Kainji Hydro-Electric Power Plant project

Meadow Hall Group acquisition of the Lagos preparatory and secondary schools

Client Feedback: 32nd edition (2021/2022)

Bank lending : Borrower side

"I find the firm responsive, highly experienced, collaborative and cost-effective."

 

Capital markets : Equity

"Professionalism and strong technical skills. Value-for-money services. Great engagement."

 

Financial services regulatory

"Clarity of legal opinion and impressive turnaround times."

 

Private equity

"Olajide Oyewole is very solution oriented, thorough, timely, efficient and professional in every sense of the word. Olajide Oyewole's strength, in my opinion, lies in the sheer brilliance and diversity of its partners and associates, and we are seeing these attributes play out vividly in its current assignment for us. The wealth of experience in the firm shines through and we, as a client, are better for it. "

 

Project development : Energy

"Partner support. Commercial understanding. Industry knowledge."

 

Olufunke Fawehinmi

"Very understanding, honest, has integrity and is hard-working. She listens, responds and is accommodating."

 

Dayo Idowu

"Problem-solving. Solutions-oriented. Commercial acumen. Partner availability. Industry and technical knowledge."

 

Samuel Salako

"Thought process and positive disposition to challenging issues."

"He is accessible, very professional and resourceful."

 

Sandra Oyewole

"Excellent professional. Industry savvy. Great engagement."

 

Tunde Oyewole

"Mr Tunde Oyewole has a wealth of experience in various aspects of the law. His equally adept grasp of finance also stands him, and of course his employer, Olajide Oyewole, in good stead as he is able to offer richer pieces of advice and perspectives by virtue of that rare twin complements of law and finance. Mr Oyewole is also a strategic thinker as he is able to think outside the box to devise solutions to seemingly new challenges."

Olaniwun Ajayi

Olaniwun Ajayiis a full-service commercial law firm from Nigeria. The firm was founded in 1962 and has since opened three offices, developed over 50 relationship firms within its network, and grown to more than 100 lawyers, including 14 partners. The firm’s offices are in Lagos, Abuja, and Port Harcourt. 

 

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 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 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 BUA Cement, Canal + International SAS, Actis, Colina Holdings, and Lakepoint Towers Property Development Company. 

In project development the firm has developed bonds with First Investment Development Company, Zenon Petroleum & Gas, Thames Investment Company, Wells Properties & Investment Company, NEoTOffgrid Africa, Evercare Group, and Tolaram Group. 

 

Research period review: 32nd edition (2021/2022) 

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 mainly lenders in the energy, financial services and banking sectors. 

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

In M&A the firm worked on acquisitions for clients in the oil and gas and financial services sectors. 

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

In project finance the firm worked on financings for clients in the energy and financial services sectors. 

 

Deal highlights: 32nd edition (2021/2022) 

Fourth mainland bridge PPP project 

Lagos State Government N137 billion bond issue  

Proparco $35million credit facility 

 

Client Feedback: 32nd edition (2021/2022) 

Banking and finance 

"The firm were very focused and provided insightful legal advice and solutions in dealing with lenders. The team went the extra mile in ensuring timely turnaround and doing whatever was necessary to get us across the line. They were very knowledgeable about not just the legal elements but also the financial/commercial requirements for the deal. Their contributions and input were invaluable " 

 

M&A 

"1. Olaniwun Ajayi comprises of a robust team of professionals and is not solely reliant on the partners. 2. The team provided a balanced perspective whilst ensuring the bank's interest was well protected. 3. The team went the extra mile to ensure the bank's transactions were successful. 4. The output is thorough."  

"The firm is renowned for its vast knowledge and experience across multiple disciplines, industries and practice areas, supported by knowledge-sharing and close customer engagement. Strengths include: Market knowledge, depth of experience, responsiveness, high-quality output, resourcefulness, diligence, excellent client focus and service delivery." 

"The firm has a deep knowledge of the law and is committed to understanding their client's business in order to deliver on every project." 

"Very responsive. Concise advice. Clear answers when requested. Able to assist with local procedural steps very easily." 

"Very attentive, fast responses. Focused advice and work well with main deal counsel."  

 

Project development :Infrastructure 

"Fantastic understanding of how to structure transactions of this nature to ensure that financiers are comfortable to bring both equity and debt into the project. Feedback is always prompt. They are always willing to go above and beyond the work needed " 

 

Project finance 

"The firm is properly equipped with the right personnel and skills to undertake the brief. The response time was satisfactory and the work delivered was of high quality." 

"The firm has expert subject-matter knowledge and service delivery is excellent. "  

 

Solomon Adedokun 

"Very knowledgeable and calm advice." 

"Good industry and local legal knowledge. Very calm and measured in his advice."  

 

Olamide Aiyeola 

"Diligent. Attention to detail. Very good interpersonal skills. Focus on service delivery and deadlines. Good handle on commercial law." 

 

Anuoluwapo Balogun 

"1. Thorough. 2. Knowledgeable. 3. Innovative."  

 

Wolemi Esan 

"Legal knowledge and experience, risk assessment commercial acumen, creativity." 

"He is very knowledgeable, highly skilled and very versatile. He is diligent, professional and demonstrates empathy towards the client's cause and issues." 

"Subject-matter expert and an all-round professional." 

"Wolemi Esan is a standout lawyer with a tremendous reputation in the market. He is able to provide strategic and valuable guidance because of the breadth and depth of his experience." 

"He is a standout lawyer with a tremendous reputation in the market. He is able to provide strategic and valuable guidance because of the breadth and depth of his experience." 

 

Ibiola Ogunbiyi 

"Very good and in-depth knowledge of the infrastructure industry in Nigeria. Warm personality, willing to provide information even outside normal work hours." 

 

Tominiyi Owolabi 

"He is a versatile, commercial-minded lawyer, who provides invaluable legal advice to any type of project. " 

Olisa Agbakoba Legal

Olisa Agbakoba Legal is a law firm in Nigeria. The firm has offices in Lagos and Abuja.

 

Focusses / specialisms

The firm has a particular focus on financial restructuring transactions.

 

Key clients

Key clients of the firm include Asset Management Corporation of Nigeria, Mrs Oil & Gas, Mrs Oil Nigeria, Access Bank, First Bank of Nigeria, Guaranty Trust Bank, Keystone Bank, Ecobank.

 

Research period review: 31st edition (2020/2021) 

During the research period the firm was active in banking.

In banking the firm’s work focused on debt restructuring and refinancing deals for clients connected with financial services.

 
Punuka Attorneys & Solicitors

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 Pfizer, Noble Group, Royal Exchange Prudential Life, Global Steel Holdings, Ikeji Hotel, Ecobank Nigeria, Clovis/Comcraft, NSIA Insurance, and Cordos Trustees. 

 

Research period review: 32nd edition (2021/2022) 

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

In equity capital markets the firm worked on secondary share offerings for clients connected to service sectors. 

In M&A the firm worked on acquisitions for sellers. 

In project development the firm worked on projects for clients in the entertainment, pharmaceutical and real estate sectors. 

In restructuring and insolvency, the firm worked on restructurings. 

Solola & Akpana

Solola & Akpanais a commercial law firm in Nigeria. The firm has three offices in Lagos, Abuja and Port Harcourt. 

 

Focusses / specialisms 

The firm focuses on transactions in M&A and energy projects but is also highly active in Banking and project finance work. The firm is a specialist in working with clients connected with construction. 

 

Key clients 

Key clients of the firm include ATN Wayya, QFA, Heritage Bank, Access Bank, NSP Mene, Lubrik Construction Company, QFA Nigeria, Julius Berger Nigeria, Craneburg Construction Company, Monte@Rivers, Great Deals Distribution Company, Mindbranch Ventures Nigeria, Ensure Solutions Nigeria, Del Waste Management Company, Frigate Upstream and Energy Services, ITS Drilling Services Nigeria, Lubrik Engineering Services, PE Energy, DEL Waste Management Company, Moni Pulo, Spie Services Nigeria, Spie Nigeria, Stockgap Nigeria, Shorelink Nigeria, Indorama Eleme Petrochemicals, Indorama Eleme Fertilizers & Chemicals, and SeWa West Africa.  

 

Research period review: 32nd edition (2021/2022) 

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

In banking the firm worked on loans and financings for clients linked to financial services. 

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

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

In project finance the firm worked on energy and infrastructure financings. 

In restructuring and insolvency, the firm's work focused on restructurings for clients in the technology and telecommunications sectors. 

 

Deal highlights: 32nd edition (2021/2022) 

Alaro City land development project  

 

Client Feedback: 32nd edition (2021/2022) 

Private equity 

"Diligent review of shareholder's agreement and subscriptions agreement and a focus on win-win situations." 

 

Abimbola Odunaike 

"Very diligent, smart and full of energy and positive support." 

SPA Ajibade & Co

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 capital markets debt and equity and in M&A work as well as to a lesser extent in banking work. 

 

Key clients 

Notable clients of the firm include 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: 32nd edition (2021/2022) 

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

In banking the firm worked on loans for clients connected with financial services. 

In debt capital markets the firm worked on bond issuances for issuers linked to financial services. 

 

Deal highlights: 32nd edition (2021/2022) 

Providus Bank N100 billion bond issue 

 

Client Feedback: 32nd edition (2021/2022) 

Banking and finance 

"Very responsive, professional and tailormade advice." 

 

Oluwabukola Iji 

"Very responsive, available and qualitative advice." 

Streamsowers & Köhn

Streamsowers & Köhnis a commercial law firm in Nigeria with offices in Lagos, Abuja and Port Harcourt. 

 

Focusses / specialism 

The firm has a particular focus in its work on energy and infrastructure projects and their financing. However, the firm is also particularly active in financial services regulatory work as well. 

 

Key clients 

Notable clients of the firm include First Bank of Nigeria, Intelligra Solutions, and Txtlight Power Solutions. 

 

Research period review: 32nd edition (2021/2022) 

During the research period, the firm was active inbanking, project development, project finance and restructuring and insolvency. 

In banking the firm worked on financings. 

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

In project finance the firm worked on financings for borrowers and developers linked to the oil and gas and telecommunications sectors. 

In restructuring and insolvency, the firm's work focused on corporate restructurings. 

 

Deal highlights: 32nd edition (2021/2022) 

CNOOC energy services restructuring  

Deep-Water Cape Three Points Blockoffshore project 

 

Client Feedback: 32nd edition (2021/2022) 

M&A 

"The firm is a creative problem solver and works closely with the client to achieve the project objectives." 

 

Project development : Energy 

"Proactive and very professional." 

 

Chiagozie Hilary-Nwokonko 

"Chiagozie has an exceptional 'can-do' mentality that always sees the project through a diverse range of potential deal stoppers. He is a go-to lawyer for navigating through unchartered territory." 

"Proactive and very professional. Great interpersonal skills." 

Templars

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 development and project finance work. 

 

Key clients 

The firm has developed strong relationships within the banking sector namely with Export-Import Bank of Korea, Korea Treade Insurance Corporation, ServiziAssicurativi del Commercio Estero, Africa Export-Import Bank and HIS Netherlands Holdco. 

In capital markets the firm has connections with North South Power Company, Lagos State Government, Chapel Hill Denham Advisory, and Access Bank. 

In M&A the firm has ties with Diamond Bank, Petrobras Oil and gas, PT Petramina, and Engie.  In project development the firm has relationships with Lekki Port LFTZ Enterprise, Tolaram Group of Singapore, China Harbour Engineering Company, and Energy Link Infrastructure. 

In projects the firm has connections with Proton Delta Sunrise, MBH Power Limited, Sunshine Law Firm, US International Development Finance Corporation, Islamic Development Bank, and Pan Africa Solar. 

 

Research period review: 32nd edition (2021/2022) 

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 linked to the oil and gas, agriculture, and financial services sectors. 

In debt capital markets the firm worked on bond issuances for a mix of issuers, trustees and arrangers from the banking, financial services and energy sectors. 

In M&A the firm worked on acquisitions for clients in the energy and financial services sectors. 

In project development the firm worked on energy, infrastructure and power projects for clients in the oil and gas, power and technology and telecommunications sectors. 

In project finance the firm worked on financings for clients in the energy and financial services sectors. 

 

Deal highlights: 32nd edition (2021/2022) 

Engie Energie$781 million investment in OMA power generation company  

IHS Holding $1 billion note issue 

Islamic corporation for the development of the private sector $100 million Istisna’a ijarah 

Nigeria floating LNG project 

 

Client Feedback: 32nd edition (2021/2022) 

Asset finance 

"They were responsive and provided good feedback on the Nigerian elements of the transaction." 

 

Banking and finance 

"They are very quick in their responses with full details as requested. Very professional." 

"Very diligent attorneys, with tremendous local expertise in Nigeria."  

 

Capital markets :Debt 

"The team led by Zelda Akindele was vast in capital market transaction knowledge and was always available to guide the company in the entire transaction." 

 

Capital markets :Equity 

"The firm have always been proactive and always quick to provide solutions where issues come in cases where they represent us and our affiliates." 

 

M&A 

"The firm's team is very hands-on, proactive and attentive." 

"The firm's partner that we worked with was very measured and calm and was able to douse tensions and get the transaction moving along when things became somewhat heated or tense." 

"Hands-on all through the transaction, very efficient, proactive with quick turnaround time. Never disappointed on any timeline or deliverable. "  

 

Project development :Infrastructure 

"Excellent subject-matter knowledge and practical know-how. " 

 

Project finance 

"Very professional, knowledgeable, and responsive." 

"Satisfactory service and professionalism." 

 

Zelda Akindele 

"She has distinguished commercial sense, exceptional problem-solving skills and is a brilliant communicator (both orally and in writing). She leads her team very well and delivers excellent results."  

"Zelda is always interested and keen in meeting the client's needs, her vast knowledge of the capital market is a plus on any transaction."  

 

Yemisi Awonuga 

"She is very proactive and hands-on. She leaves you feeling like you have someone in your corner with your interests very much at heart in what she does. She gives her work a lot of thought and would always call to discuss concerns about a strategy and approach and draw your attention to possible pitfalls. " 

"She is an expert in what she does. She has a lot of knowledge and experience. She is relatable and communicates concerns and possible solutions in a timely manner. She is also open to working with the client's requirements and objectives."  

 

Modupe Dabiri  

"Good communication and very professional approach. Deep knowledge of financial and legal aspects."  

 

Obianuju Ifebunandu 

"She is great to work with. She is professional, knowledgeable, and responsive." 

 

OsarugueIzekor 

"She is willing to listen to the requirements and proffer solutions and mitigants as required." 

 

OjuolapeKalesanwo 

"Very thorough and knowledgeable."  

 

Desmond Ogba 

"He is very calm and measured and he is able to get transactions moving along when things get heated and tense." 

"Professional, knowledgeable." 

 

GodwinOmoaka 

"He is very receptive and open to always assist and provide solutions." 

The Law Crest

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: 32nd edition (2021/2022) 

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 New Practice

The New Practice (TNP) is a commercial law firm from Nigeria. Based in Lagos, 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 arena, namely with Lagos State Government and One Finance and Investments. 

In capital markets the firm is connected 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: 32nd edition (2021/2022) 

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

In debt capital markets the firm worked on bond issuances for clients connected to technology and telecommunications. 

In M&A the firm worked on acquisitions for clients connected with the financial services sector. 

In project development the firm worked on power projects for developers. 

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

In restructuring and insolvency, the firm worked on restructurings for restructuring entities. 

 

Deal highlights: 32nd edition (2021/2022) 

Internet Fund VI $42 million acquisition ofPredictus 

Lagos 11MW power plants project 

Microsoft Nigeria restructuring 

MTN Nigeria N89.8 billion bondissue 

 

Client Feedback: 32nd edition (2021/2022) 

Capital markets : Debt 

"1. Deep understanding of the local and global environment. 
2. Very professional in the discharge of their roles and responsibilities. 
3. Ability to conceptualise challenges and develop solutions to navigate them at each stage of the process." 

 

M&A 

"The New Practice team that works with us has excellent fintech industry experience. They are commercially minded lawyers, who understand the vagaries of doing business in Nigeria and doing it well. They are always available to brainstorm new ideas, new products and have guided us in entering a new, yet complex market, like Nigeria." 

 

Baba Alokolaro 

"Forward thinking. Ability to comprehend your business/corporate needs and offer pragmatic legal solutions." 

 

Bukola Bankole 

"Bukola and I work together as a team. She is an extension of my in-house practice and she provides solid support to the organisation. She leads the TNP team that works with us with great direction, precision and responsiveness. She has won the confidence of everyone at our firm that she has worked with." 

Udo Udoma & Belo-Osagie

Udo Udoma & Belo-Osagieis a full-service commercial law firm founded in 1983 by Udoma Udo Udoma. The firm has 15 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 African Development Bank, Branch International Financial Services, Union Bank of Nigeria, and Citibank Nigeria. 

In capital markets the firm is connected withFBNQuest Merchant Bank, Africa Export-Import Bank, Coronation Merchant Ban, Ecobank, AG Mortgage Bank, and the Federal Government of Nigeria on the debt side and Quantum Zenith Asset Management & Investments on the equity side. 

In M&A the firm has ties with Leapfrog Investments Actis Group, Verod Capital Management, Synergy Capital Managers, Pepsico, Monument Distillers Nigeria, and Blue Orchard Finance. 

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

 

Research period review: 32nd edition (2021/2022) 

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

In banking the firm worked on loans and financings for a mix of borrowers and lenders in the banking, financial services and oil and gas sectors. 

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

In equity capital markets the firm worked on IPOs and secondary share offerings by trustees and managers linked to the investment management sector. 

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, infrastructure and power projects for clients connected with the power, oil and gas, financial services and construction sectors. 

In project finance the firm worked on financings for a mix of borrowers and lenders.  

In restructuring and insolvency, the firm worked on restructurings for restructuring entities. 

Additionally, during the research period Christine Sijuwade left the firm for Tangerine Financial. 

 

Deal highlights: 32nd edition (2021/2022) 

Aba power plant project 

Deutsche Investitions-und Entwicklungsgesellschaft$50 million loan facility 

Federal Government of Nigeria $4 billion eurobond issue 

SoftBank Vision Fund II-2 $400 million acquisition ofOPaystake  

 

Client Feedback: 32nd edition (2021/2022) 

Banking 

"The legal opinion contains practical and specific views supported by current rules/regulations/laws. The opinion also states the legal reasoning behind each conclusion reached, the pitfalls in the attestation forms compared to the provisions of the derivative rules/law, recommendations on the actions to take. " 

 

Bank lending :Borrower side 

"UUBO have significant financing experience, which proved instrumental in navigating unforeseen issues that came up during the financing process. The team was able to come up with quick, practical solutions to challenges that came up in the course of the transaction. " 

"The firm have significant financing experience, which proved instrumental in navigating unforeseen issues that came up during the financing process. The team was able to come up with quick, practical solutions to challenges which came up in the course of the transaction. " 

"The firm was quite innovative in its approach and did not relent to provide multiple solutions that were fit for purpose to our great delight."  

 

Bank lending : Lender side 

"They are responsive and able to provide detailed analysis on the legal issues as well as very good guidance on the commercial aspects, which allow the banks to take an informed view on the issues at hand. " 

"The team is very responsive and thorough, as well as solution-oriented and commercial. It's a real pleasure working with the team." 

 

Banking and finance 

"The firm generates good-quality work and possesses the best financial service sector knowledge compared to contemporaries. They are very diverse in their offering and always find creative solutions to issues. I find them very helpful and competent." 

"Clear, concrete, good professionals, good communication and very safe." 

"Very responsive, practical." 

"Responsive and competent." 

"Professional, efficient and knowledgeable." 

"Knowledgeable, flexible, approachable, nice to work with. " 

"Excellent in communication and timing. Responsive and commercially driven. " 

"1. Prompt response. 2. Well-rounded advisory from experts in the team. 3. Provision of several options and impact of the actions. 4. Accessibility of the team and continued support." 

"Responsive and practical as well as obviously expert on the law." 

"I find the quality of the firm's work to be of the highest standard within the Nigerian legal market as their lawyers possess commendable commercial know-how and are always willing to see things from the business perspective of my company. The firm also has the right relationships with the regulators in Nigeria which we find to be very useful as we grow our business. " 

"Knowledgeable, approachable, flexible."  

"Excellent work. Very dedicated and knowledgeable team."  

 

Capital markets :Debt 

"They are very professional, diligent and articulate in their advice, opinion and reviews." 

"The firm delivers through tight deadlines set. Documentation review is very thorough and precise."  

"They are a well-rounded firm and have displayed knowledge in different areas of law. They are very professional in the rendering of their services to us. " 

"The team prepares excellent transaction documentation and shows invaluable expertise in providing advice. " 

"The firm are very responsive to our requests. I never once followed up on pending requests. Also, the firm's lawyers were always available to respond to any of our inquiries. Another attribute I admire the lawyers for is their excellent critical thinking skills and great attention to detail." 

"Excellent performance." 

"Attention to detail. Quick responsiveness. Professionalism." 

"Always available to work, excellent legal advice, prompt response to inquiries. " 

"The firm provided stellar legal services in its role as trustees counsel, from structuring of the transaction to documentation and execution of material documents. The team was also available for questions from the issuer and financial adviser through the transaction." 

"Very timely, innovative, attentive to detail, willing to go the extra mile, always available upon demand/request through the period of the engagement and beyond, available to provide thoughts and views on aspects beyond the terms of the engagement." 

"This is a firm with people who are not just extremely knowledgeable of the legal and regulatory frameworks that affect the capital markets, but they are also able to apply those in different or unique circumstances. In summary, the firm has brilliant lawyers, with the experience and expertise that always shines through in our transactions." 

"Professional, good client management, experienced."  

"Documentation detailing, follow through on reviews and relationship management with clients. Invites on sessions on review of laws and peculiar transaction dynamics."  

 

Capital markets :Equity 

"Agile and proactive service delivery. Detailed and simplified documentation." 

"1. Great knowledge of the law. 2. Financial expertise in creating the right corporate structure. 3. Capital market understanding and regulatory for listing of company equities. 4. Great interpersonal skills. 5. Diligent understanding of client brief."  

"The firm is very experienced in the area of the transaction. The team was always willing to advise and help us on each step to take throughout the transaction. They timeously delivered tasks in order to meet deadlines. They provided excellent ancillary  and post-transaction services. They were very accessible."  

"They were adept in capital markets, demonstrated great speed, agility as well as had the relevant network to get the requisite approvals in record time. Also, they demonstrated great customer management in their dealings with our mutual client" 

 

Financial restructuring 

"They had a good understanding of the subject matter and provided proactive strategies in the negotiation with the banks. " 

"They take time to understand their clients’ requirements and any hard stops; technically very competent and detailed." 

"They are always available, understood market peculiarities; very efficient and pragmatic in meeting client's needs. "  

"Detailed in research and legal opinions. Follow through with the client to post completion of transaction."  

 

Financial services regulatory 

 "The firm's advice is very easy to understand and business-centric. With the way the legal sector is transforming, it is important to obtain legal advice which sets out the position of the law but also provides practical advice that is easy to digest and will make an impact on the business advice. They are also well connected and have key contacts in various types of organisations and sectors that come in handy. "  

"They were very prompt in all their responses and made sure that they asked the important questions to ensure the agreement complied with the Securities and Exchange Commission rules." 

"They are well grounded in regulatory and corporate law advisory services."  

"They know the regulations, have a great relationship with the regulators. They also have useful market insights."  

 

Investment funds 

"Diligent. Responsive. Professional." 

 

M&A 

"Responsive and very knowledgeable of the law and process, particularly in relation to the antitrust approval process. " 

"Good planning and responsiveness. Work quality was solid. "  

"They basically held our hands throughout the process and made it as seamless as possible whilst ensuring that all documentation required by all the different regulators were in place."  

"They are very hands-on and provided insights into potential pitfall areas that needed to be properly agreed upon, with recommendations that covered both parties' concerns. " 

"The firm have on-the-ground knowledge and insights and they are usually very responsive." 

"The firm has unparalleled depth in providing advice on transactions in the banking and finance industry in Nigeria. The firm is abreast of laws and regulations in the sector and is able to leverage relationships with key regulatory contacts to further ground recommendations made in a very practical way, which helps to save time and money when adopted as submissions are almost always accepted as correct first time."  

"The firm brought to the table a connected-thinking approach to analysing legal issues. The firm preferred practical and tested solutions to commercial issues that ensure that the client is not left alone at the table figuring out the pragmatic ways of approaching complex issues. "  

"The firm ensured that the companies met all regulatory or compliance requirements before the merger, so there was little or no post-merger requirements to meet. The firm also engaged the regulatory authorities on different occasions on the transaction which yielded positive results. The firm further provided some ancillary post-transaction advisory to our company, which was quite helpful." 

"The firm are responsive to emails and robust in their negotiation." 

"Strategic advice; agile. " 

"Legal expertise. Knowledge of Nigerian laws and regulations. Proactive team. " 

"Advice was detailed and adequate."  

 

PPP/PFI 

"I would say their responsiveness to client's needs and attention to detail are their key positive attribute. Also, the turnaround time on delivery of results is great." 

 

Private equity 

"The firm has a clear understanding of the legal system and the practice in the country – this was evident in the negotiation of the legal documentation. The firm has an impressive response time – ensuring that there were no unnecessary delays in the legal documentation process." 

"Solid knowledge of applicable law and regulation, deadline management, and practical solutions to negotiated issues." 

"Proactive. Flexible." 

"Knowledgeable, efficient and inspiring of confidence." 

"Commercially sound, strong legal representations, quality of advice, good relationships with regulators."  

 

Project development :Energy 

"They provide quality and thorough legal advice." 

"They are very knowledgeable about a broad range of subject matters impacting the cement and oil/gas industry in Nigeria. They provide thorough and quality legal advice." 

"They are astute professionals keen on details, versed on the legal angles and quick to proffer solutions and resolutions." 

 

Project development :Infrastructure 

"High professionalism, responsive and detailed research work."  

"Very reactive. Very knowledgeable."  

"Very commercially savvy and legally astute."  

"Solid work product and advice." 

"Very competent, prompt and reliable professional service."  

 

Project development : Mining 

"They are astute professionals, keen on details, versed on the legal angles and quick to proffer solutions and resolutions." 

 

Project finance 

"They are very excellent in structuring and advising. They are also good in drafting." 

"Responsive team and well-run process."  

"They negotiated the agreements with all local and international parties involved in the project, including investors, financiers, advisers, etc." 

 

Restructuring 

"The firm's support and advice in our group restructuring was critical. Their advice was vital to us as a start-up tech company. They helped us navigate the necessary regulatory engagements and corporate filings. " 

"They are very well informed and deliver with precision." 

 

Dan Agbor 

"Has a good knowledge of the law and problem-solving skills."  

 

Uzoma Azikiwe 

"Authoritative, experienced." 

 

Modupe Balogun 

"Solid legal work."  

"Clear, concrete, good communication, very safe."  

 

Yinka Edu 

"She is very dedicated and goes the extra mile for her clients. She is also very approachable and is able to provide innovative solutions to problems, whilst ensuring compliance with existing legislation. " 

"Excellent understanding of the legal and regulatory requirements." 

"She is a well-respected subject-matter expert on capital markets and regulatory compliance. She analyses risks well and gives thorough advice to clients, including risk mitigation options."  

"She is accessible, collaborative and detailed."  

"Responsive, creative problem-solver, flexible, knowledgeable." 

"Professional and efficient." 

"Knowledgeable, approachable, helpful." 

"She is an expert in her field. A go-to lawyer that will get the best deal for your client."  

"She is a very intelligent and knowledgeable lawyer. She is very accessible and always seeks the best ways to solve a legal problem. "  

"Smart, dynamic, focused."  

"She is a prolific communicator, very responsive, enthusiastic and a tireless partner of the firm. She is an adept listener, very quick in dimensioning of dilemmas and an ability to proffer pragmatic, time-tested solutions to complex issues. She is very agile and innovative in proffering solutions. "  

"She is responsive and always proffers a solution to the problem."  

"She is very knowledgeable and has useful contacts within the industry." 

"Calm and authoritative." 

"She is an extremely bright lawyer and has over time acquired a deep understanding of the regulatory landscape for financial services in Nigeria. She has constantly provided dependable legal support to us and we find her very responsive and innovative in her approach to her work. " 

 

Joseph Eimunjeze 

"Responsive, analytical, solution-driven, very knowledgeable." 

 

Folake Elias-Adebowale 

"Good with clients and strong legal knowledge. Good at organising her team. Responsive." 

"Result-oriented, strong legal understanding, good ties with regulators, accessible. " 

"Strong in her presentation. Responsive." 

"A deep knowledge of oil and gas subject matter, and an ability to sniff out possible pitfalls." 

"She stands high above her peers in the M&A market in Nigeria. Very technically equipped and commercially minded." 

"She has a very strong personality, very engaging and brings a lot of energy to transactions with very good knowledge and thoroughness."  

"She is a private equity guru and understands the nuances of dealing with a PE counterparty." 

"She is approachable, legally sound and transparent/upfront about what is achievable and what is not. She holds herself and her team to the highest standard of integrity and excellence."  

"She is a business-minded lawyer who pays attention to the objectives of her client."  

 

Lisa Esamah 

"Attentive to detail, sensitive to client needs, always available, prompt delivery of relevant tasks, always available to provide clarification where required, quality output, available to provide assistance outside the terms of engagement."  

"She responds to issues in a timely manner and seems very supportive." 

"She is indefatigable. Always willing to help with a smile. She delivered her tasks timeously. She is very knowledgeable. " 

"Speed, provision of innovative solutions, willingness to get feedback and implement it and client relationship management"  

"Attention to detail and flexibility to discuss with client."  

"She is a problem-solver. She has good communication and interpersonal skills. She delivers tasks timeously and has a great knowledge of the transaction and the relevant laws guiding the transaction. She worked around the clock to ensure that the transaction was successful."  

"She is extremely responsive and resourceful. " 

"Very Professional. Knowledgeable. Meets deadlines." 

"She is warm, intelligent, has an in-depth understanding of our business and its needs, provides prompt feedback to questions or issues raised, possesses demonstrable expert industry knowledge and excellent attention to detail. " 

"She is very knowledgeable of the legal and regulatory frameworks governing the capital markets. She also always makes herself available to explain any concepts and give clarity where needed. She works really hard to meet tight deadlines and is a really great person overall. She has a great way of staying calm in the midst of tension."  

"She has a positive energy, always happy to assist and eager to perform her duties to your satisfaction."  

"She pays attention to details and she has excellent critical thinking skills. I also appreciate her availability to answer my inquiries on time. She is also very approachable and I am confident she will always provide solutions to my problems."  

 

Chisom Ndubuisi  

"Very reactive, proactive and knowledgeable."  

 

Bolaji Odekunle 

"Responsive, practical." 

 

Titilola Olatunde-Fasogbon 

"Deep knowledge of the law."  

 

Ozofu Olatunde Ogiemudia  

"Excellent communication and professional conduct, commercial solutions to legal issues and practical approach to drafting and negotiation, drawn from experience with local regulators." 

"She provides concise legal advice that truly considers the best interest of our business."  

"Legal knowledge. Client management. Responsiveness. Problem-solving."  

"She is very friendly, knowledgeable, efficient and good fun." 

 

Nicholas Okafor 

"He understands the sector very well and is thorough in his execution of services. "  

"Responsiveness and availability."  

"Dedication to client success. Attention to detail and diligence."  

"Nicholas makes himself available to the client whenever required by the client including on evenings and weekends. With his level of experience, he can provide practical solutions to Nigerian legal transaction issues. " 

"He makes himself available to the client whenever required by the client, including on evenings and weekends. With his level of experience, he can provide practical solutions to Nigerian law transaction issues. " 

"Result-oriented, responsive, very knowledgeable, follow-through and professionalism, among others."  

"Always optimistic; takes on multiple work streams without complaint; always offers additional advice; goes the extra mile to get the task done."  

"Very knowledgeable, deep legal and sector knowledge, extremely focused on client's needs and strong ability to consummate transactions."  

"He is a legal luminary who seeks to not just do his job but to do it excellently. He goes above and beyond to satisfy the needs of his clients. He provides accurate legal advisory on the required area of law while paying attention to details and delivering to time. "  

"His dexterity and innovative thinking skills."  

"He is a legal luminary who seeks to not just do his job but to do it excellently. He goes above and beyond to satisfy the needs of his clients. He provides accurate legal advisory on the required area of law while paying attention to details and delivering to time. "  

 

Onyinye Okafor 

"She is very reliable, hard-working, trustworthy, conscientious, courteous and highly professional. "  

"Positive attitude (can-do), knowledgeable ."  

"She is very knowledgeable, result-oriented, hard-working and solution-driven. She is very versatile and has in-depth knowledge of financing issues, is pragmatic and very responsive. She is thorough, very commercial and intelligent; and very warm and friendly." 

"She is an excellent Lawyer who provides fit-for-purpose solutions to address clients' special needs. She has an eye for the big picture and gives the client the assurance and comfort required to get into big-ticket transactions." 

"Commercial awareness, consistent advice, responsiveness." 

"Very approachable, fantastic listening skills, a diligent and consummate professional."  

 

Temiloluwa Okeowo 

"He is responsive and ensured that we were delivered the product on time." 

 

Chison Okolie 

"She is very responsive, she keeps to deadlines, seeks information from her colleagues when needed and always responds to questions." 

"Very responsive and a very good lawyer. "  

 

Ekundayo Onajobi 

"Very competent. Consistently provides quality service." 

"He is very bright and knowledgeable about all matters relating to capital markets, trustee services and real estate. He also has an effervescent personality, good communication skills and attention to detail."  

"Always willing to help and advise on legal matters. Approachable and responsive." 

 

Festus Onyia 

"Very knowledgeable on subject matter, has practical solutions and communicates well. 

 

Adeola Sunmola 

"She is very resourceful and has the requisite skills required." 

Adepetun Caxton-Martins Agbor & Segun

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 (2021/2022)

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."

ALP NG & Co

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 market, corporate, mergers & acquisitions, project development, and project finance practice areas.

 

Key clients

The firm has developed strong relationships within the banking practice, namely 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: 30th edition (2019 / 2020)

During the research period ALP was active on banking, M&A, and project development.

In banking the firm was active on advising lenders and borrowers for facility agreements.

In M&A the firm was active on private equity placements.

In project development ALP advised developers in the energy, infrastructure, and oil and gas sectors.

 

Deal highlights: 30th edition (2019 / 2020)

Eko Atlantic City

NEXIM ₦3.5 billion export financing

Lagos State Government ₦250 million financing

Ogun State Government electrification project

Rural Electrification Agency $330 million electrification of rural and unserved communities

 

 
DealHQ

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.

The Metropolitan Law Firm

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: 31st edition (2020/2021)

Project finance

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

Tokunbo Orimobi

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: 31st 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

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.