Firm Profile > Udo Udoma & Belo-Osagie > Lagos, Nigeria

Udo Udoma & Belo-Osagie

Banking, finance and capital markets Tier 1

According to one client, Udo Udoma & Belo-Osagie fields 'the most experienced all-round team of lawyers in Nigeria'. The seven-partner group is jointly led by Daniel Agbor, Aniekan Ukpanah and Yinka Edu. It is known for its 'outstanding capabilities' in syndicated and bilateral loans, debt capital markets, structured  and leverage finance, project finance and asset finance, debt to equity conversions, Islamic banking and other derivative transactions. Nicholas Okafor, Adeola Sunmola and Onyinye Okafor are also recommended.


‘The most experienced all-round team of lawyers in Nigeria’

‘Recommended for its network of connections, responsiveness and highly practical advice.’

Key clients

International Finance Corporation



Credit Suisse AG

Stanbic IBTC Bank PLC

Lafarge Africa PLC

Commercial, corporate and M&A Tier 1

According to one client, Udo Udoma & Belo-Osagie 'stands head and shoulders above any other firm' in the corporate and commercial arena. The highly regarded team assists clients with acquisitions and disposals, joint ventures and strategic alliances, hive-outs and corporate restructurings. It is also a strong performer in the private equity sphere, where it regularly advises private equity funds on the purchase and sale of their portfolio assets. In addition, the group acts for banks and investors on the acquisition of equity interests in companies (at all stages from the initial investment to their exit). Daniel Agbor, Folake Elias-Adebowale and Ozofu Ogiemudia are recommended.


Extremely thorough, helpful, and a capacity and ability to go the extra mile at any time without needing any prompting makes them stand head and shoulders above any other firm.’

Extremely high level of competence combined with a helpful and very friendly attitude.’

Key clients

Uber International

Holdings B.V

Daimler AG

Carlyle Investment Management LLC

Kohlberg Kravis

Roberts & Co Partners LLP

Dispute resolution Tier 1

At Udo Udoma & Belo-Osagie, practice head Uzoma Azikiwe specialises in civil and commercial litigation, arbitration and alternative dispute resolution (ADR). He is particularly strong in disputes connected with the energy, maritime, taxation, construction and telecoms. Elsewhere, Mena Ajakpovi is a name to note for IP disputes, with a focus on copyright and trade mark enforcement, licensing and broadcasting contracts. Festus Onyia is the other key partner for high-value commercial arbitration and litigation.

Key clients

Equinor (formerly known as Statoil Nigeria Limited)

Abbot Investment (North Africa)

Schlumberger Nigeria Ltd


Virgin Atlantic Airways Limited

Energy and natural resources Tier 1

Udo Udoma & Belo-Osagie is well-known for its full-service offering, which sees it advise on matters such as  project finance, oil and gas M&A, and the acquisition and refurbishment of brownfield power plants, among other matters. Daniel Agbor frequently assists major multinational oil and gas companies with financing options in connection with the establishment of private refineries, foreign investments and the structuring of international debt funds. Aniekan Ukpanah specialises in syndicated and structured finance. Folake Elias-Adebowale and Adeola Sunmola are also recommended.

Real estate and construction Tier 1

Udo Udoma & Belo-Osagie's presence in the Nigerian real estate market dates back over 30 years. It acts for domestic and international clients on land acquisitions, foreign investment approvals, and the financing and construction of major real estate projects. Managing partner Aniekan Ukpanah leads the team, which has been advising promoters, developers and investors on the construction and development of Jabi Lake Mall; on completion, this will be the largest mall in Nigeria.


The team showed excellence in its teamwork, openness and communication, and the very professional way it handled all activities related to us as a client. Communication and engagements with the team showed the level of in-house engagement with the team in the resolution of issues.’

Key clients

Duval Properties

Union Bank of Nigeria PLC

Cummins West Africa Limited

International Finance Corporation

The Incorporated Trustees of the Church of Jesus Christ of Latter Day Saints in Nigeria

The firm: Founded in 1983 and consisting of 12 partners and 58 lawyers, Udo Udoma & Belo-Osagie (‘UUBO’), is a full-service corporate and commercial law firm with offices in Nigeria’s key commercial centres and an affiliate in Ghana.

UUBO is privileged to work with diverse local and international clients to create and implement innovative and practical solutions that are designed to facilitate business in Nigeria and beyond. Where required, the firm’s lawyers are well placed to work with a select network of leading African and international law firms with whom they enjoy established, non-exclusive relationships.

The firm’s founding and core philosophy is that legal advice should be of the highest possible standard, accessible, commercially oriented and consistently sound on principle. The firm has developed a reputation for expeditiously enabling a wide range of transactions including those that are new to Nigeria, generating innovative and practical legal solutions, facilitating transactions and resolving disputes including those that are complex or unusual in the market.

The firm’s culture, diverse backgrounds, skills, insights from experience in other fields and the ‘hands-on’ collaborative approach of its teams all contribute to its recurrently high independent peer and client rankings across several practice area specialisations, which are underscored by what is currently one of the highest ratios of internationally recognised partners – and practice areas – per firm in the Nigerian legal market.

Areas of practice: UUBO is a full-service corporate and commercial law firm with specialisations including in the practice areas indicated above.

UUBO’s goal is to remain a preferred firm for facilitating corporate and commercial transactions of every description and resolving disputes in the rapidly changing world of Nigerian and African business and finance. The firm actively seeks to refine and to develop fresh skills and to acquire new expertise across its practice areas, to enable it to respond quickly and effectively to the evolution and rapid changes of the economies and markets in which the firm’s clients operate and do business. This approach enables the firm’s lawyers to set charges that reflect their knowledge and expertise rather than learning costs.

Department Name Email Telephone
Aviation Jumoke Lambo
Aviation Uzoma Azikiwe
Banking and finance Dan Agbor
Banking and finance Aniekan Ukpanah
Banking and finance Yinka Edu
Banking and finance Nicholas Okafor
Banking and finance Adeola Sunmola
Business establishment and corporate immigration Jumoke Lambo
Capital markets Dan Agbor
Capital markets Yinka Edu
Company secretarial services Jumoke Lambo
Compliance and investigations Dan Agbor
Compliance and investigations Folake Elias-Adebowale
Compliance and investigations Ozofu Ogiemudia
Compliance and investigations Adeola Sunmola
Corporate advisory including M&A and restructuring Dan Agbor
Corporate advisory including M&A and restructuring Jumoke Lambo
Corporate advisory including M&A and restructuring Folake Elias-Adebowale
Corporate advisory including M&A and restructuring Yinka Edu
Corporate advisory including M&A and restructuring Ozofu Ogiemudia
Employment Jumoke Lambo
Employment Ozofu Ogiemudia
Intellectual property Aniekan Ukpanah
Litigation, arbitration and ADR Uzoma Azikiwe
Litigation, arbitration and ADR Festus Onyia
Oil and gas Myma Belo-Osagie
Oil and gas Dan Agbor
Oil and gas Folake Elias-Adebowale
Power, infrastructure and projects Aniekan Ukpanah
Power, infrastructure and projects Nicholas Okafor
Power, infrastructure and projects Adeola Sunmola
Private equity Dan Agbor
Private equity Folake Elias-Adebowale
Private equity Ozofu Ogiemudia
Pro bono Yinka Edu
Pro bono Ozofu Ogiemudia
Real estate Aniekan Ukpanah
Tax Dan Agbor
Telecommunications, media and technology Myma Belo-Osagie
Telecommunications, media and technology Jumoke Lambo
Number of lawyers : 70
Lex Mundi
Employment Law Association
Nigerian Bar Association
International Bar Association
African Private Equity & Venture Capital Associaton (Nigeria)
Private Equity and Venture Capital Association
Emerging Market Private Equity Association
Capital Market Solicitors Association
Nigerian Gas Association
Other offices : Abuja
Other offices : Accra
Other offices : Port Harcourt