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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Nigeria > Banking, finance and capital markets > Law firm and leading lawyer rankings

Editorial

Index of tables

  1. Banking, finance and capital markets
  2. Leading individuals
  3. Next generation lawyers

Next generation lawyers

  1. 1

Who Represents Who

Find out which law firms are representing which Banking, finance and capital markets clients in Nigeria using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.

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Aluko & Oyebode¬†fields¬†‚Äėa¬†strong network of professionals with a supportive, client-driven infrastructure‚Äô; the¬†‚Äėreliable, responsive and committed team‚Äô¬†has 'a well-established track record‚Äô in all areas of banking, finance and capital markets. In a key matter in the oil and gas sector, managing partner Kofo Dosekun¬†advised Mobil Producing Nigeria on the $1.3bn financing of the East Area NGL II natural gas production and sale project. Ayodeji Oyetunde¬†and Jennifer Martins-Okundia¬†handled Guaranty Trust Bank's $400m cash tender offer and Guinness Nigeria's $131.1m rights issue programme. Oludare Senbore¬†assisted Savannah Petroleum with a $20m credit facility loan and Olubunmi Fayokun¬†handled a ‚ā¶120bn debt issuance programme for a leading bank. Reginald Udom¬†is also noted for his lending expertise, with matter highlights including handling Standard Bank of South Africa's $56.5m facility restructuring exercise.

In a significant capital markets matter, Banwo & Ighodalo¬†advised Arm Trustees and UTL Trust Management Services as underwriters of Union Bank of Nigeria‚Äôs ‚ā¶100bn debt issuance programme and ‚ā¶13.4bn series one and two unsecured fixed-rate bonds issues;¬†Ayotunde Owoigbe¬†and Azeezah Muse-Sidiq¬†handled the transactions. Founding partner Asue Ighodalo¬†led on other capital markets mandates including Dangote Cement‚Äôs ‚ā¶150bn domestic commercial paper issuance programme and Notore Chemical Industries‚Äô ‚ā¶1.6bn ordinary shares listing. On the lending side, founding partner Femi Olubanwo¬†and Seyi Bella¬†(who made partner in January 2018) handled RMB Holdings‚Äô $10.9m term loan facility advance to APD. Also recommended is Isa Alade¬†who advised the Bank of Beirut on a $20m loan facility forwarded to Eko Hotels. The practice also handles global depository receipt offers, IPOs, government bonds and private placement offerings.

In one of numerous market-leading transactions handled by G. Elias & Co, name partner Gbolahan Elias¬†structured the ‚ā¶11bn series two bond debt capital exercise under the existing ‚ā¶440bn medium-term note programme for Nigeria Mortgage Refinance Company. The transaction is the largest financing programme on the Nigerian secondary mortgage market. Fred Onuobia¬†leads the team advising African Export-Import Bank on lending transactions including a $750m term loan facility forwarded to the Bank of Industry. Segun Omoregie¬†is noted for his capital markets expertise, having handled United Bank for Africa‚Äôs ‚ā¶30.5bn series two bond offering as part of its ‚ā¶350bn bond programme. He is also transaction counsel, supported by senior associate¬†Nosakhare Aguebor,¬†to Mortgage Warehouse Funding on its asset-backed commercial paper issuance programme.

The ‚Äėvery knowledgeable and dependable‚Äô banking, finance and capital markets team at Olaniwun Ajayi LP¬†‚Äėhas a forward thinking approach‚Äô and 'a vast wealth of experience‚Äô. Practice head Yewande Senbore¬†leads on corporate finance and debt and equity capital markets mandates, as well as advising on banking regulation matters. Senbore and Tominiyi Owolabi¬†advised Seplat Petroleum Development Company on its landmark $350m high-yield eurobond issuance programme. ‚ÄėTop negotiator‚Äô Wolemi Esan ‚Äėis an expert in his field with a great understanding of how to structure transactions to get the job done‚Äô. Highlights included handling Forte Oil‚Äôs ‚ā¶20bn share offer. Managing partner Konyin Ajayi¬†is advising the Bank of Industry on a $750m loan facility forwarded by the African Export-Import Bank. He is also advising a leading international broker-dealer as arrangers of Zenith Bank‚Äôs $500m eurobond issue on the Irish Stock Exchange. Seye Opasanya¬†handles dispute resolution instructions in the banking and finance sector.

Udo Udoma & Belo-Osagie‚Äôs ‚Äėexpert team‚Äô handles the full range of banking, finance and capital markets mandates. The practice is noted for its ‚Äėinvaluable expertise stemming from many years of practical experience‚Äô. Daniel Agbor¬†advised Vitol Energy on the provision of a $534m loan to an indigenous oil producer and is acting for Citibank alongside other lenders on a ‚ā¨153m facility to Frigoglass Finance. Aniekan Ukpanah¬†assists with financing agreements concerning TMT, real estate and development projects, including advising FSDH Merchant Bank on a letter of credit refinancing agreement. Yinka Edu¬†and recently promoted partner¬†Adeola Sunmola¬†are advising FBN Trustees and STL Trustees as trustees on the ‚ā¶100bn sukuk non-interest debt issuance conducted by the Federal Government of Nigeria. Other clients include Credit Suisse, HSBC Bank, Standard Chartered Bank, Union Bank of Nigeria and First Abu Dhabi Bank. Nicholas Okafor¬†has extensive experience in project finance and infrastructure projects and Onyinye Okafor, who made partner in July 2018, specialises in development finance institution lending, bilateral and syndicated transactions, secured loan transactions, project financing deals and cross-currency swaps.

AELEX’s finance practice advises on market-leading asset finance transactions and capital raising projects for listed companies in the banking, energy and oil sectors. Led by practice head Lawrence Fubara Anga, the team regularly assists with structured financing projects, eurobonds, rights issues and local and international credit facility transactions. The team has also advised the federal government on infrastructure divestment matters. Anga and Funke Adekoya are acting for Keystone Bank and the Nigerian Stock Exchange in a number of significant financial disputes in the Supreme Court and the Court of Appeal.

In a key matter for Templars’ banking and finance team, practice head Chike Obianwu, alongside Desmond Ogba, advised a joint venture comprising Nigerian National Petroleum Corporation, Shell and Total E&P as sponsors on a $1.2bn pre-export financing transaction, intended to fund over 150 development activities in the oil and gas sector. Zelda Akindele acted as Nigerian counsel to the International Finance Corporation on a $1.2bn financing programme. On the capital markets side, the team assisted the United Bank for Africa with its debut $500m eurobond issuance and Seplat Petroleum with its $350m senior unsecured bond issuance. Senior associate Modupe Dabiri is also noted for her expertise in structured finance and Islamic finance.

Abdulai, Taiwo & Co¬†advised The Infrastructure Bank on a number of transactions including a ‚ā¶12.9bn PPP concession with the Delta State government for a water supply development;¬†Ladi Taiwo¬†led on the matter. Practice chair Alayo Ogunbiyi¬†acted as transaction counsel to Mutual Benefits Assurance on a ‚ā¶4bn rights issue and advised Southern Sun Ikoyi Hotel on a $12.7m refinancing facility from Absa Group. Senior associate Kunle Ayansola¬†is also noted.

Damilola Adetunji¬†heads Odujinrin & Adefulu‚Äôs capital markets and banking practice, which counts Madison Pacific Trust and Rand Merchant Bank as clients. Highlights included assisting First E&P Development Company as borrower on a dual-tranche working capital facility forwarded by Schlumberger, and handling lender African Export-Import Bank's $9.6m facility for a vessel acquisition. The firm assists with debt and equity capital markets transactions, structured trade finance and project finance matters. Olubukola Olabiyi¬†assisted Zenith Assets Management with its ‚ā¶1bn capital markets offer.

Olajide Oyewole LLP regularly provides advice to lenders active in the energy and infrastructure industries. Tunde Oyewole and Dayo Idowo are advising a lending syndicate on a structured finance arrangement for a refinery rehabilitation. The firm also handled the financing aspects of Samsung Heavy Industry’s $300m vessel fabrication and integration project. The firm became a member of the DLA Piper Africa Group in May 2017.

Sefton Fross‚Äô Olayemi Anyanechi¬†advised the trustees of Dangote Cement on the establishment of its ‚ā¶300bn debt issuance programme. Another major capital markets mandate saw the firm advising the trustees of Fidelity Bank‚Äôs ‚ā¶30bn fixed-rate subordinated unsecured bonds issue. Lending mandates included assisting a leading international bank with a $3m financing transaction and acting for Berkeley Energy Services on a $10m trade finance facility to a downstream petroleum company.

The The New Practice (TNP)‚Äôs Baba Alokolaro¬†leads the team on capital markets matters. In a stand-out highlight, the firm advised Flour Mills of Nigeria on the logistics of a shelf registration for its ‚ā¶40bn rights issue. Babajimi Ayorinde¬†and senior associate Bukola Bankole¬†are also noted for their expertise in capital markets and corporate finance matters. Alokolaro advised Viathan Funding on its ‚ā¶50bn infrastructure bond issuance programme. Other clients include Synergy Capital, Persianas Group and Safetrust Mortgage Bank.

Key clients for Bloomfield Law Practice’s banking and finance team include AXA Mansard Investments and Purple Capital Partners; the firm is advising the latter on a real estate investment portfolio structuring matter. Adedoyin Afun is a key contact in the department, having experience in complex acquisition financing, capital markets transactions and project financing.

The banking and finance team at Jackson, Etti & Edu has a particular focus on leveraged, trade, real estate and general commercial and corporate finance. Folasade Olusanya advised a syndicate of lenders (including Fidelity Bank, Rand Merchant Bank and Standard Chartered Bank) on a senior-term facility loan forwarded to GZI Manufacturing. Managing partner Koye Edu and managing associate Abayomi Adebanjo's recent work includes advising Mashreqbank and Africa Trade Finance on a $160m trade finance facility to United Bank for Africa.

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

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Press Releases worldwide

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