Firm Profile > Banwo & Ighodalo > Lagos, Nigeria

Banwo & Ighodalo
48 AWOLOWO ROAD
IKOYI
LAGOS
Nigeria

Banking, finance and capital markets Tier 1

Banwo & Ighodalo has 'excellent market profile and knowledge' coupled with robust experience and expertise in corporate and project finance, as well as capital markets transactions. It is also increasing active in fintech, handling matters relating to tech start-ups and digital financial applications. Founding partners Femi Olubanwo and Asue Ighodalo act alongside Ayotunde Owoigbe, who recently advised MTN Nigeria on its landmark listing on the premium board of the Nigerian Stock Exchange. Isa Alade frequently advises private equity houses, investors and players in the fintech sector. Azeezah Muse-Sadiq and Seyi Bella are recommended for structured notes programmes, secured lending and asset finance.

Practice head(s):

Asue Ighodalo; Femi Olubanwo; Ayotunde Owoigbe; Isa Alade; Azeezah Muse-Sadiq; Seyi Bella

Testimonials

‘Excellent market profile and knowledge.’

‘One of the very few firms in Nigeria that will always be on a client’s short-list.’

Key clients

African Export-Import Bank

Interswitch Limited

Stanbic IBTC PLC

UACN Property Development Company PLC

Dangote Cement PLC

Dangote Industries Limited

Lagos State Government

Avanti Communications Group Plc

Ecobank Development Company Limited and Ecobank Nigeria Limited

Mauritian Commercial Bank Limited

Rand Merchant Bank Nigeria Limited

Africa Plus Partners Nigeria Limited

TAK Logistics Limited

Air Liquide Nigeria Plc

Fidelity Bank Plc

Debt Management Office

FBNQuest Merchant Bank Limited; FBNQuest Trustees Limited; ARM Trustees Limited; UTL Trust Management Services Limited; and United Capital Trustees Limited (as Trustees)

United Capital Plc; United Capital Trustees Limited; STL Trustees Limited; and UTL Trust Management Services Limited

Commercial, corporate and M&A Tier 1

Top-tier practice Banwo & Ighodalo fields a 'strong team with really good market knowledge and technical strength' in corporate and commercial mandates covering sectors such as manufacturing, telecoms, oil and gas, power and healthcare, among others. Asue Ighodalo and Azeezah Muse-Sadiq recently advised Savannah Sugar Company on its merger with the Company and Dangote Sugar Refinery, while Ayotunde Owoigbe served as Nigerian counsel to Interswitch Holdings Limited in its acquisition of a 19.9% equity stake in Interswitch Holdings by Visa International Service Association.

Practice head(s):

Femi Olubanwo; Asue Ighodalo; Ayotunde Owoigbe; Azeezah Muse-Sadiq; Isa Alade; Seyi Bella; Olumide Osundolire; Toyin Bashir

Testimonials

‘A strong team with really good market knowledge and technical strength.’

Key clients

E-Motion Advertising Limited

TP ICAP group of companies

INTL FCStone Inc.

FCMB Group Plc

Interswitch Holdings Limited

Dangote Flour Mills PLC

OVH Energy Marketing Limited

Savannah Sugar Company Limited

Dangote Cement Plc

Mixta Real Estate PLC

The Norwegian Investment Fund for Developing Countries (“Norfund”)

African Development Partners II (ADP) II/Development Partners International LLP (DPI)

Africa Plus Partners Nigeria Limited

IHS Towers Nigeria Limited

Verod Capital Management

The Carlyle Group

Beth-Adorn Holdings Limited and UTL Trust Management Services Limited.

FBN Holdings PLC

FBNQuest Capital Limited

Synergy Capital Managers

AFIG Funds

Rand Merchant Bank Nigeria Limited

Helios Investment Partners

Indorama Netherlands B.V. (“Indorama”)

Seven Energy Group

Dispute resolution Tier 1

Banwo & Ighodalo has a well-established track record of commercial litigation, arbitration and contentious regulatory matters at the highest levels of Nigeria's courts. Commercial litigator Abimbola Akeredolu recently led counsel for the Nigerian Ports Authority in arbitration proceedings commenced against it at the Lagos Regional Centre for International Arbitration for alleged contractual breaches. Chinedum Umeche specialises in litigation and domestic and international arbitration arising out of commercial contracts and oil and gas transactions.

Practice head(s):

Abimbola Akeredolu; Chinedum Umeche

Testimonials

‘Broad knowledge/research of the relevant laws; availability of lawyers who are experts in different areas of the law; more concerned with the brief presented by the company than the billings/legal fees expected; diverse law teams to sort out diverse inquiries/legal needs; proper dissection of briefs presented by the company thus weighing the pros and cons; expert advisory on settlement where necessary; judicious follow-up with the company on relevant matters; excellent/expert workforce; great representation in and out of court; adherence to taxation requirements whilst billing/invoicing; professionalism.’

‘Patience, professionalism, excellent knowledge of the law, excellent representation in court/out of court resolution meetings; excellent drafting/review of court processes/legal opinion, follow-ups,  great advisory skills in various areas, the quick addressing of issues and availability.’

Key clients

Seven Energy International

Savannah Energy Plc

Yellow Ledbetter N.V.

Petrolink International Limited

Heritage Energy Operational Services Limited

Nigerian Ports Authority

Oriental O&M Services Limited

Titan Trust Bank Limited

Red Bull GmbH

International Olympic Committee

Former shareholders of E-Motion Advertising Limited

Mobil Producing Nigeria Unlimited

GlaxoSmithKline Consumer Nigeria Plc

Oriental Energy Resources Limited

Serimax SAS

ABS Global Limited

Iroko Partners

Energy and natural resources Tier 1

Offering full-service capability for energy and natural resources clients, Banwo & Ighodalo is the go-to practice for acquisitions and disposals of petroleum assets, gas monetisation and utilisation projects, as well as financing and engineering procurement. The firm also enjoys a strong position in the Nigerian electricity supply industry space, and has been involved in Phase II of the development of Okpai Power Project, following the successful completion of the first Independent Power Project since the commencement of the power sector reforms in Nigeria. Managing partner Ken Etim is supported by a well-rounded specialist group including Stella Duru, Kehinde Ojuawo and Akindeji Oyebode.

Practice head(s):

Ken Etim; Stella Duru; Kehinde Ojuawo; Akindeji Oyebode

Testimonials

‘Availability, attention to detail, problem-solving abilities and the way they make you feel they are part of your business. Kehinde Ojuawo and Akindeji Oyebode have these qualities.’

‘The firm’s lawyers are very practical in their advice, especially when it relates to transactions. They always think outside the box and always proffer tailor-made solutions to all issues referred to them. They are very responsive; work deliverables are always within agreed timelines, and they use the resources within the firm to ensure that their advice is cohesive and solution-driven. The technical competence and quality of the service rendered by the firm is excellent, and more importantly from a client perspective, they are cost and budget-friendly. Associates and partners are always available and never give a client the feeling of being disturbed, even after office hours!’

‘Kehinde Ojuawo is our “go to” partner. He is extremely creative in the structuring of transactions, leveraging on existing workstreams to ensure that transactions are cost-effective, efficient and meets the objectives of the transaction. His instant recall of even the minutest details of previous transactions which might impact ongoing transaction is amazing. He delivers on tasks without reminders from clients. Kehinde, especially during this “new normal” period has gone beyond the realm of duty to connect with us, being proactive on issues that we did not consider as top priorities, but relevant to our business. He consistently delivers on work without any excuse, such as interconnectivity issues in Nigeria, which some other law firms engaged by us consistently use as a reason for their non-performance. Kehinde is always unruffled, which inspires confidence and ensures that we remain on an even keel. Kehinde also truly believes that all issues/challenges can be resolved and he always works assiduously not only to proffer the solution but works towards achieving it. We always put our feet up with Kehinde as he is truly exceptional.’

Key clients

Nigeria National Petroleum Corporation

Board of Trustees, Ogoni Trust Fund

Bureau of Public Enterprises

Chevron Nigeria Limited

Seven Energy Group

Black Rhino Development Group Inc.

Nigerian Agip Oil Company Joint Venture

Real estate and construction Tier 1

Olumide Osundolire heads the property, infrastructure and construction group at Banwo & Ighodalo, which assists national and international banks, developers, investors and private clients on the full gamut of real estate development and transactions. Alongside Olamide Oshikoya, he has been leading the firm's team advising Palton Morgan Holdings Limited on its N240m acquisition of a large expanse of land in Lagos State to be developed into a large residential estate.

Practice head(s):

Olumide Osundolire

Other key lawyers:

Olamide Oshikoya

Testimonials

‘They communicate well. they share ideas and thoughts and help you think through possible solution to challenges’

‘Olamide Oshikoya is very patient, with a good personality and disposition. He is a man of good character and integrity. He is very honest and open and very helpful too.’

‘The practice have and continued to provide excellent service and high levels of professionalism to our organisation with respect to our land matters. Their understanding of the Lagos land matters, relationships and networks within critical offices of the Lagos lands bureau and experience in matters concerning our needs have not only helped us save money but also help us resolve a property ownership matter we had struggled for years to finalise.’

‘The individual and collective team members of the real estate and construction practice – particularly Olumide Osundolire and Olamide Oshikoya – have delivered exceptional services to us to date and provided top notch advisory experience.’

‘They always conduct themselves with the utmost professionalism in written and verbal communication, clearly explain steps and procedures, proactively inform us of risk scenarios and mitigation strategies and any additional information we need. We have and continue to recommend them to our network and colleagues.’

‘The practice is highly focused on delivering best-in-class solutions to customers. The team is led and staffed by a highly experienced lawyers with in-depth knowledge of the local industry and quite conversant with global standards.’

‘Lamide Oshikoya has deep insight into construction practice, strong relationships with real estate industry regulators and stakeholders, and in-depth knowledge of real estate contracts’

‘We have used the services of Banwo & Ighodalo for all our real estate leases and they have looked out for our best interests and acted professionally all the time.’

Key clients

Everty Nigeria Limited

Regent Real Estate Limited

Grenadines Homes Limited

Corona Schools Trust Council

Family Homes Funds Limited

Seso Global Limited

Palton Morgan Holdings

Mantrac Nigeria Limited

Cummins West Africa Limited

ConnectRail Services Limited

Desarrollar Limited

Fate Foundation Ltd/GTE

SecureID Limited

Welltec Oilfield Services (Nigeria) Limited

H & W Starch Derivatives Limited

Shipping and transport Tier 1

Boasting an impressive offering in wet and dry shipping, Banwo & Ighodalo leverages its top-tier expertise in ship finance, marine insurance, restructuring, charter party disputes and other facets of maritime litigation. The firm is also involved in nationally significant PPP transportation projects, such as its advice to the Government of Akwa Ibom State on the development and regulations in respect of the Ibom Deep Sea Port Project, positioned to be the first major trans-shipment hub for the West and Central African region. Ken Etim and Kehinde Ojuawo are the key partners.

Practice head(s):

Ken Etim; Kehinde Ojuawo

Other key lawyers:

Tunji Adeyemi

Testimonials

‘The team at Banwo & Ighodalo is experienced, professional and great to work with. They have always completed their assignments on time and are always on hand to answer any questions that I may have. We have been using them for five years now and have no regrets!’

‘The team is technically strong and will deliver a sound product.’

‘Ken Etim is a very good lawyer – he is hands-on and very personable.’

‘Ken Etim and Kehinde Ojuawo are very competent partners and they provide innovative solutions to complex issues in their areas of expertise.’

‘They are very proactive and efficient. A diversified team with experts in different sectors which brings confidence to any client.’

‘Excellent and knowledgeable team of lawyers who are subject matter experts and trusted advisers.’

‘The team are very dedicated to customer support and satisfaction. Our contact person, Tunji Adeyemi, is very dedicated and committed to customer satisfaction – he responds to emails and telephone calls promptly.’

‘Very responsive and practical team advising on Nigerian asset finance/shipping queries.’

Key clients

Bourbon-Interoil (Nigeria) Limited

Bourbon Offshore Interoil Shipping – Navegacao LDA

Investec Bank Plc.

Akwa-Ibom State Government of Nigeria

Schlumberger (OneSubsea Offshore Systems Nigeria Limited, Cameron Flow Control Technology Nigeria Limited and Cameron Valves & Measurement West Africa Limited)

Thome Group of Companies

TOG Shipping and Offshore Management Nigeria Limited

Petromarine Nigeria Limited

Petromarine Engineering Services Limited

BMS United Bunkers (HK) Limited

Germanisher Lloyd Nigeria Limited

IHC Parts and Services West Africa Limited

MSC Mediterranean Shipping Company SA

Walmart Inc.

Global Process Systems Inc.

Karpower International B.V

Aramex Delivery Services Limited

Dangote Oil Refinery Limited

Navgas Limited

TSL Logistics Limited

Mars Aviation and Shipping Corporation

The firm: Established on 1st February 1991 by founding partners Femi Olubanwo and Asue Ighodalo, Banwo & Ighadalo has grown from a two-man law practice to an 80+ lawyer firm (12 of whom are partners). At least five of the partners ‘grew’ organically with unprecedented rapidity from young associates (some NYSC) to become partners – and today two are members of the firm’s executive management.

Banwo & Ighadalo is also one of the few firms to have ‘changed the guard’ by appointing a managing partner who is not one of the firm’s founding partners.

Areas of practice: Banwo & Ighodalo was established with a determination on the part of the founding partners to create a world-class law firm.

The firm has evolved and continues to equip itself to serve its clients better and provide exceptional results.

It is known within its markets for excellent mastery of legal issues and the development of creative solutions. The firm’s lawyers are young, dynamic and driven; and it deliberately recruits and trains to obtain innovation, knowledge and the ability to create solutions for its clients.

The firm is consistently listed as a tier 1 law firm and ‘a firm of choice’ in capital markets, mergers and acquisitions, corporate finance, energy and natural resources and intellectual property.

Both the firm on the one hand, and its partners and some associates on the other, are ranked in several leading Nigerian and international legal directories.

Department Name Email Telephone
Litigation Abimbola Akeredolu
Litigation Chinedum Umeche
Arbitration and ADR matters Abimbola Akeredolu
Arbitration and ADR matters Chinedum Umeche
Oil and gas Ken Etim
Oil and gas Stella Duru
Power and mining Kehinde Ojuawo
Mergers and acquisitions Asue Ighodalo
Mergers and acquisitions Azeezah Muse-Sadiq
Restructuring and insolvency Kehinde Ojuawo
Restructuring and insolvency Isa Alade
Banking and loan syndication transactions Ayotunde Owoigbe
Banking and loan syndication transactions Seyi Bella
Capital markets Ayotunde Owoigbe
Capital markets Azeezah Muse-Sadiq
Taxation Kehinde Ojuawo
Taxation Azeezah Muse-Sadiq
Property and real estate Stella Duru
Property and real estate Olumide Osundolire
Legal advisory, company secretarial and regulatory compliance Olumide Osundolire
Legal advisory, company secretarial and regulatory compliance Toyin Bashir
Project finance Ayotunde Owoigbe
Project finance Seyi Bella
Intellectual property and technology Femi Olubanwo
Intellectual property and technology Olumide Osundolire
Shipping and international trade Ken Etim
Shipping and international trade Tunji Adeyemi
Aviation Ken Etim
Aviation Tunji Adeyemi
Photo Name Position Profile
 Abimbola Akeredolu, SAN, FCIArb  photo Abimbola Akeredolu, SAN, FCIArb Partner with Banwo & Ighodalo, a leading multidisciplinary Nigerian firm which provides…
 Isa Alade photo Isa Alade Isa Alade is a partner at Banwo & Ighodalo with fifteen (15)…
 Toyin Bashir  photo Toyin Bashir Toyin Bashir is a partner with Banwo & Ighodalo. She obtained her…
 Seyi Bella photo Seyi Bella Seyi Bella is a partner at Banwo & Ighodalo with fourteen (14)…
 Stella Duru photo Stella Duru Stella is a Partner in Banwo &Ighodalo (B&I)’s Energy & Natural Resources…
 Ken Etim photo Ken Etim Ken is the Managing Partner of Banwo & Ighodalo, a leading first-class…
 Asue Ighodalo photo Asue Ighodalo Asue Ighodalo is a Founding Partner of Banwo & Ighodalo, a foremost…
 Azeezah Muse-Sadiq photo Azeezah Muse-Sadiq Azeezah is a Partner in the firm’s Corporate, Securities & Finance Practice…
 Kehinde Ojuawo photo Kehinde Ojuawo Partner with Banwo & Ighodalo, a leading multidisciplinary Nigerian firm which provides…
 Femi Olubanwo photo Femi Olubanwo Founding partner of Banwo & Ighodalo, a leading full-service Nigerian law firm…
 Olumide Osundolire photo Olumide Osundolire Olumide is a Partner in the Intellectual Property Practice Group and the…
 Ayotunde Owoigbe photo Ayotunde Owoigbe Ayotunde Owoigbe is a partner of Banwo & Ighodalo, a leading law…
Number of lawyers : 80+
at this office : 50+
English
French
and various Nigerian languages
Nigerian Bar Association
International Bar Association
Loan Market Association
African Private Equity & Venture Capital Association
Institute of Chartered Secretaries & Administrators
UK
Chartered Institute of Arbitrators
Nigeria and UK
Association of International Petroleum Negotiators
Other offices : Abuja
Other offices : Abeokuta
Consistently rated as a first-tier Nigerian corporate law Firm, Banwo & Ighodalo (‘B&I’) was established on 1st February, 1991 with a resolve to create a world class law firm. The firm is made up of brilliant and experienced lawyers who work together to provide a broad range of services to clients. The firm is known for providing innovative, competent, and well-timed solutions.

The Firm is consistently listed as a 1st- tier law firm and a firm of choice in Capital Markets, Mergers & Acquisition, Corporate Finance, Fintech, Energy & Natural Resources, Litigation, Arbitration & Alternative Dispute Resolution, Intellectual Property and Information Technology. Our Shipping, Aviation and International Trade practice is also highly recommended.

Both the firm on one hand, and its partners and some associates on the other hand, are ranked in several leading Nigerian and international legal directories

 

Department Name Email Telephone
Capital Markets, Corporate & Commercial Law Asue Ighodalo aighodalo@banwo-ighodalo.com +234 8139841360-3
Intellectual Property & Technology, Banking & Loan Syndication, Corporate & Commercial Law, Project Finance Femi Olubanwo folubanwo@banwo-ighodalo.com +234 1 4615203-4; 4630853-4
Energy & Natural Resources, Project Finance, Shipping, Aviation & International Trade Ken Etim ketim@banwo-ighodalo.com +234 8139841360-3
Litigation, Arbitration & ADR, Corporate & Commercial Law Abimbola Akeredolu (SAN) aakeredolu@banwo-ighodalo.com +234 8139841360-3
Banking & Loan Syndication, Capital Markets, Mergers & Acquisitions, Project Finance Ayotunde Owoigbe aowoigbe@banwo-ighodalo.com +234 8139841360-3
Energy & Natural Resources, Corporate & Commercial Law, Project Finance, Litigation, Arbitration & ADR Stella Duru sduru@banwo-ighodalo.com +234 1 4615203-4; 4630853-4
Energy & Natural Resources Corporate & Commercial Law Restructuring & Insolvency, Shipping, Aviation & International Trade Kehinde Ojuawo kojuawo@banwo-ighodalo.com +234 8139841360-3
Intellectual Property & Technology Olumide Osundolire oosundolire@banwo-ighodalo.com +234 8139841360-3
Corporate & Commercial Law, Restructuring & Insolvency, Legal Advisory, Company Secretarial & Regulatory compliance Toyin Bashir tbashir@banwo-ighodalo.com +234 9060003561-2
Capital Markets, Mergers & Acquisition, Banking & Loan Syndication, Legal Advisory, Company Secretarial & Regulatory Compliance, Taxation Azeezah Muse-Sadiq asadiq@banwo-ighodalo.com +234 8139841360-3
Corporate & Commercial Law, Project Finance, Banking & Loan Syndication Seyi Bella sbella@banwo-ighodalo.com +234 8139841360-3
Restructuring & Insolvency Corporate & Commercial Law Banking & Loan Syndication, Project Finance Isa Alade ialade@banwo-ighodalo.com +234 8139841360-3
Number of Lawyers : 80+
English (fluent)
French
and various Nigerian languages
Nigerian Bar Association (NBA)
IBA (International Bar Association)
Loan Market Association
African Private Equity & Venture Capital Association
Institute of Chartered Secretaries & Administrators
Chartered Institute of Arbitrators
Chartered Institute of Arbitrators UK (CIArb)
Association of International Petroleum Negotiators (AIPN)
Other office : Abuja

NIGERIA

Banwo & Ighodalo was established on 1st February, 1991 with a resolve to create a world class law firm. We are known in our markets for excellent mastery of legal issues, the development of creative solutions and our lawyers are selected for their embodiment of these qualities.

We deliberately recruit and train for innovation, knowledge and the ability to create exceptional solutions for our clients.