We act as trusted independent and real-time advisors to financial institutions like banks as well as a variety of sophisticated and institutional investors, including investment banking firms, venture capital firms, accelerators and incubators, angel investors, endowments, pension funds and insurance firms.
We have wide-ranging experience with:
Thought Leadership

Immunity of the Central Bank: Legal Issues Arising
The recent suspension and subsequent arrest of Nigeria’s central bank Governor and some Deputy Governors, as well as the appointment of an independent panel to investigate allegations of fraud within the Central Bank, raises some legal issues as to the

Finance Act 2023: Key Updates to Nigeria’s corporate tax regime
This legal update provides a high-level summary of the changes made by the Finance Act 2023 which became effective as of May 1, 2023. Businesses are advised to consult with their legal advisors for professional guidance to ensure compliance with

Doing Business in Nigeria Using Joint Venture Structures
Joint ventures have proven to be a highly resilient market-entry structure for conducting business in Nigeria. These strategic partnerships allow foreign businesses to collaborate with local partners, not only to share investment burdens, risks, and costs but also to effectively

A Highlight of the Key Protections for Private Asset Management Companies
The Bank and other Financial Institutions Act 2020 (the “BOFIA 2020”) provides a number of

Recent Changes to the Operation of Domiciliary Accounts in Nigeria
As part of efforts to unify the foreign exchange market in Nigeria, the Nigerian Central

Nigeria’s Central Bank Governor: Suspension & Immunity from Legal Actions – Matters Arising
A number of legal issues have been thrown up in the wake of the suspension

The Quincecare Duty of Care: Lessons for Nigerian Banks & Fintechs
The Quincecare duty is an implied legal duty of care placed on commercial banks, investment

Bilateral Loan Agreements – A Highlight of Some Contractual Defences
A March 2023 decision[1] by the English Supreme Court regarding a $3billion bilateral loan granted

Nigerian Eurobonds – Key Contractual Terms and Considerations for Investors
The possibility that a sovereign will default on its sovereign debt or will seek to

Bail-in Powers of the Central Bank of Nigeria – Key Legal Issues for Bank Creditors
The recent introduction by the extant Banks and other Financial Institutions Act 2020 ( the
Client Success
We successfully advised an international investment bank in respect of a multi-million dollar term loan facility to a Nigerian financial institution
We successfully advised a leading international investment bank in relation to a multi- million dollar single currency term facility provided to an indigenous firm for general corporate purposes and to refinance an existing asset finance facility.
We successfully advised a dutch bank on a trade receivables securitization transaction with respect to a multi-million dollar debt owed by a Nigeria debtor and an offshore creditor.
We successfully advised a global private equity firm based in the MENA region on the acquisition of minority interests in an FMCG company based in Nigeria.
We successfully advised several fund managers on the formation on its first and second venture capital funds focused on investments in tech companies.
We successfully advised a Chinese investor on the acquisition of a majority stake in a Nigerian construction company with subsidiaries in 3 African countries.
We successfully acted on behalf for an alternative lender in relation to a development bridging facility secured on a mixed use development site in Lagos, Nigeria.
We successfully acted on behalf of a residential investment company in connection with the restructuring of its intra-group facilities across six group entities.
We successfully acted on behalf of international bank on a range of derivative matters in relation to ISDA Master Agreements and Schedules, Spot FX trading arrangements, netting and collateral arrangements, facing Nigeria clients.