Aluko & Oyebode > Lagos, Nigeria > Firm Profile

Aluko & Oyebode

Nigeria > Banking, finance and capital markets Tier 1

Aluko & Oyebode advises multinational and Nigerian clients on the full range of financing matters, with notable work in Eurobonds and syndicated lending facilities. The firm’s prominent position in the market is evidenced by its membership of the Africa Legal Network, an alliance of leading independent African law firms. The practice is headed by ‘market leader’ Kofo Dosekun who also leads the firm’s corporate work, working primarily on project finance, syndicated lending, and structured trade finance. Other notable members of the team include Reginald Udom, who specialises in financing for energy and infrastructure, and Olubunmi Fayokun who heads the firm’s work on capital markets. Elsewhere, Oludare Senbore leads the power team, Ayodeji Oyetunde primarily advises on debt and equity capital markets, and Funmilayo Otsemobor has experience in financial regulatory issues.

Practice head(s):

Kofo Dosekun; Olubunmi Fayokun; Oghogho Makinde

Other key lawyers:


‘The firm has a great team of partners covering different practice areas relevant to my employer’s business. They have advised me on a couple of complex and high-value transactions over the last year.’

‘Kofo Dosekun is a solid market leader. Funmi Otsemobor is an emerging market force with clear knowledge of her sectors. Dare Senbore is a responsive and bright lawyer. Ozioma Agu is a bright and promising associate.’

‘They are technically strong, while also being pragmatic and commercial in negotiations.’

‘Oludare Senbore is excellent. He is available, commercial, technically very strong, and robust in negotiations.’

Key clients

MTN Nigeria Communications Plc

Access Bank Plc

Access Holding Plc

Guaranty Trust Bank Limited

Shelter Afrique

Citibank Nigeria Limited

Citibank N.A London Branch

Africa Finance Corporation

Shell Western Supply and Trading Limited

Stanbic IBTC Bank Plc

Standard Chartered Bank Nigeria Limited

Rand Merchant Bank

African Trade Finance Limited

Mashreqbank Psc

Work highlights

  • Acted as local counsel to Citibank Europe PLC and a syndicate of Lenders on three different transactions involving the same obligors.
  • Acted as Nigerian counsel to the senior lenders in connection with the restructuring of a US$175,000,000 reserve-based lending facility.
  • Acted as joint Nigerian legal counsel to Access Bank Plc in connection with its issuance of US$500 million Basel III compliant Perpetual Non-Call Additional Tier 1 Eurobond Notes.

Nigeria > Commercial, corporate and M&A Tier 1

Aluko & Oyebode advises on the full range of corporate and M&A matters for a number of multinational and Nigerian clients across a wide range of industries. The team has been bolstered by the September 2021 addition of Adeolu Idowu, who brings experience of in-house practice in the telecoms and natural resources sectors, furthering the firm’s existing strength in these sectors. Chairman Gbenga Oyebode coordinates the team, headed by Olubunmi Fayokun, who has extensive experience in M&A. Oghogho Makinde specialises in corporate governance and natural resources matters, while Sumbo Akintola brings TMT expertise. Ayodeji Oyetunde focuses on private equity matters.

Practice head(s):

Gbenga Oyebode; Kofo Dosekun; Olubunmi Fayokun; Oghogho Makinde; Sumbo Akintola

Other key lawyers:

Ayodeji Oyetunde; Ajobola Asolo; Oluwatamilore Oluwalaiye; Chiderah Azodoh; Adeolu Idowu


‘I found the team to be particularly responsive and swift in providing commercially relevant advice. A key differentiating factor from other firms is the absence of a “legalistic approach” in solving issues/providing strategy.’

‘Ajibola Asolo is extremely smart and knowledgeable, hands-on, and willing to go over and beyond to ensure all issues are resolved. The advice he provided was practical and commercially relevant.’

Oluwatamilore Oluwalaiye is thorough and possesses excellent research skills.’

‘The practice has a unique team of experts.’

‘We have been supported by various teams at Aluko & Oyebode in our commercial and corporate transactions in the last five years. More recently, the firm has advised us on the impact of new legislations regulating banking and other financial institutions and companies law generally. We have found the firm to be detailed, resourceful, and easy to access and communicate with. The firm deploys cutting edge technology to ensure great service delivery.’

On cost, we have found the firm to be competitive when compared with other firms of the same size and expertise.’

‘The individuals who have supported us with outstanding skills and commitment include Kofo Dosekun, Oghogho Makinde and Olubunmi Fayokun and Chiderah Azodoh.’

These individuals are mostly very senior commercial lawyers with a depth of experience in legal practice that are comparable with those you will find in the best firms anywhere in the world.

Key clients

Access Bank Plc

Access Holding Plc

Guaranty Trust Bank PLC

Guaranty Trust Holding Company Plc

Allianz SE

Schlumberger Nigeria Limited

Dot Ensure Limited

Mainstream Energy Solutions Limited

Hallgarth Limited

Chapel Hill Denham

8 Broad Street Venture Invests Limited

DiDi Chuxing Technology Co.


Work highlights

  • Advised Access Bank Plc on the restructuring of the Access Bank Group into a non-operating holding company structure.
  • Advised Dot Ensure Limited on its acquisition of a majority stake in Royal Exchange Healthcare Limited, a national health maintenance organisation.
  • Advised DiDi Chuxing Technology Co., a leading technology platform with a market cap of $12.37 Billion, on its proposed entry into the Nigerian market.

Nigeria > Dispute resolution Tier 1

Aluko & Oyebode is highly active in the arbitration space and caters to a number of high-profile multinational and Nigerian clients in disputes across a range of industries, with oil and gas mandates being a particular strength for the firm. Babatunde Fagbohunlu heads the practice which employs a large team of lawyers with sector specific expertise; examples include Adeniyi Adegbonmire, who works in insolvency and debt recovery, Chukwuka Ikwuazom who focusses on tax, and Mark Mordi who specialises in IP.

Practice head(s):

Babatunde Fagbohunlu

Other key lawyers:


‘They study your particular case, understand it, research on it and give you the best possible service. You are in safe hands.’

‘The team have an unfettered commitment to client’s instructions. Mr. Mark Mordi, SAN and his teams are much appreciated in this regard.’

Key clients

Monster Energy Company, Nigeria Bottling Company Limited

Nigeria LNG Limited

Work highlights

  • Acted as counsel to Chevron Nigeria Limited in an arbitration and subsequent action following the termination of a contract valued at US$92,493,369.00.
  • Represents Nigerian Agip Oil Company at the Court of Appeal, Port Harcourt, on appeal from the decision of the Federal High Court sitting in Yenagoa.
  • Represented the Asset Management Corporation of Nigeria and successful recovered the sum of N45,956,285,921.70.

Nigeria > Energy and natural resources Tier 1

The ‘standout‘ team at Aluko & Oyebode provides a particularly strong offering in PPP, cross-border (particularly Pan-African) matters, and construction-related projects. The firm has experience in project finance, often working as part of broader international financing transactions. The practice is co-headed by Kofo Dosekun, who brings her experience from the banking and corporate practices to project finance and M&A work in energy, and Oghogho Makinde, who also works in project finance and PPP with respect to the infrastructure and energy sectors. The power sub-division is led by Oludare Senbore who acts in relation to regulatory and financial matters within the utilities space.

Practice head(s):

Kofo Dosekun; Oghogho Makinde

Other key lawyers:


‘Creative, articulate and responsive. One of the standout law firms in Africa.’

‘Babatunde Fagbohunlu SAN is standout with exceptional experience, clarity of thought and a remarkable professional network. Inyene Robert is also very strong and has great potential for the future.’

Key clients

Africa Finance Corporation

Shell Western Supply and Trading Limited

Petrogap Oil and Gas Limited

VFuels LLC

Astea Engineering Inc

Mota-Engil Engenharia E Constructao Africa SA

Omatapalo Engenharia E Construcao S.A

North South Guarara Energy Company Limited

Sterling Bank Plc

Frontier Oil Ltd

African Infra Plus Partners

San Leon Energy Plc

Work highlights

  • Advised a consortium of contractors on the design and completion of a 60,000 barrels-capacity refinery on the Malembo plain, Angola.
  • Acting as counsel to North South Gurara Energy company Limited on the sale of the output from the 30MW hydro-electric power generation plant Gurara.

Nigeria > Real estate and construction Tier 2

Aluko & Oyebode is particularly active in the PPP in the infrastructure space, advising on the full scope of matters arising from a number of major mandates. The firm’s offering extends to advisory work for a number of multinational companies and the team has experience in the development of residential properties. Adeniyi Adegbonmire heads the practice, representing a number of clients in litigation and arbitration proceedings. Notable team members include Babatunde Fagbohunlu, who specialises in disputes, Oludare Senbore, who advises primarily on infrastructure finance, and Oghogho Makinde, who coordinates advisory and regulatory work.

Practice head(s):

Adeniyi Adegbonmire

Other key lawyers:

Babatunde Fagbohunlu; Oghogho Makinde; Oludare Senbore; Joke Aliu; Cephas Caleb; Funmilola Aliu


‘Their expertise in specialized areas of business negotiations such as renewable PPAs (Power Purchase Agreements) makes them stand out to me. They correspond in an efficient and modern way, using technology to speed up processes.’

‘I have always found Joke Aliu and Cephas Caleb a delight to work with. Two things standout to me: their ability to listen and ask the right questions.’

‘The team response to issues is very good and highly commendable.’

‘I greatly admire the high level of efficiency, humility and support always displayed by Oghogho Makinde. She is an exceptionally good individual who takes clients issues very seriously. Funmilola Aliu is also very swift in her response to issues.’

‘I have known the firm Aluko & Oyebode for over 7 years, having interactions as a client both in my current and previous roles. They provide a diverse and strong team with various specialties which I find useful in unlocking some complex problems. Their cross-specialisation capabilities from finance to litigations to real estate is a unique differentiating factor from others in the market.’

‘The service team for our business is led by Mrs Joke Aliu, a partner in the Firm’s Abuja Office. What I value the most from Mrs Aliu are her sense of ownership over engagements contracted and approachability. We are very often able to brainstorm together on issues affecting our business from an especially proactive lens to avoid real issues that could materialize.’

Key clients

Frontier Oil Limited

MTN Nigeria Communications Plc

China Civil Engineering Construction Corporation Nigeria Limited

Montaigne A.H. Limited

Tetra Pak West Africa Ltd

Energoprojekt Oprema AD Beograd

Nigeria Agip Oil Company

China Development Bank

Anjeed Kafanchan Solar Limited

Impala Energy Holdings LLP

Land of Honey

Work highlights

  • Advising MTN Nigeria Communications Plc in connection with the construction of the Enugu-Onitsha Expressway Road, under the Road Infrastructure Tax Credit Scheme.
  • Advising CCECC Nigeria Limited with respect to its bid for the proposed development, financing, and operation  of the Lagos State 4th Mainland Bridge.
  • Advised Frontier Oil Limited in connection with the construction and installation of a 10MBOPD crude oil processing facility in OML 13 onshore Nigeria.

Nigeria > Shipping and transport Tier 2

Aluko & Oyebode has a strong offering in aviation, with an emphasis on disputes and advisory work, which is supplemented by a broader experience in acquisitions of ships and aircraft and related financing. Mark Mordi heads the team with a wide-ranging disputes expertise, working with other notable lawyers Oghogho Makinde, who brings her experience in business advisory, Tonye Krukrubo and Ngo-Martins Okonmah.

Practice head(s):

Mark Mordi

Key clients

Turkish Airlines Inc

United Airlines Inc.

Northwest Petroleum & Gas Co Ltd

CHC Global Operations Canada

Maritimetech Integrated Services Nigeria Limited

AOS Cyprus Holding Ltd

Work highlights

  • Represented Northwest Petroleum & Gas Co and its vessel in the action for US$73,500.00 allegedly due for supplies and services.
  • Advised and represented CHC Global Operations Canada in an appeal filed against a decision awarding E1,110,804.29 and US$9,225,794.20 to CHC Global.
  • Managing the litigation portfolio of Turkish Airlines Inc., presently handling over thirty aviation cases on their behalf.

The firm: Aluko & Oyebode was established in 1993, by Bankole Olumide Aluko, SAN (1956-2002) and Gbenga Oyebode, MFR as a partnership of two and has over the years grown to become the largest law firm in Nigeria, with a partnership strength of 16 and associates of about 80. The firm’s main office is located in the financial and commercial ‘capital’ of Nigeria, Lagos, with other offices in Abuja (political capital) and Port-Harcourt (oil and gas hub). The firm offers fully integrated services to international, regional and local clients, and as the largest integrated law firm in Nigeria, the firm complements its corporate and commercial legal services with a robust litigation, arbitration and alternative dispute resolution (ADR) practice. The key sectors of focus of the firm are Energy and natural resources, power, financial services and TMT.

Areas of practice: Aluko & Oyebode provides a comprehensive range of specialist legal services in the areas of energy and natural resources, banking and corporate finance, project and infrastructure finance, capital markets, mergers and acquisitions, telecommunications, intellectual property, litigation, arbitration, transport law (shipping and aviation), real estate and taxation.

Through its network of three offices in Nigeria, Aluko & Oyebode advises a highly diversified clientele that includes top-tier international and multinational clients carrying out business in Nigeria, which has included private companies, international conglomerates, governmental agencies, banks, and other financial and commercial institutions.

Aluko & Oyebode has a broad spectrum of lawyers that are trained and qualified not only in Nigeria, but also in England and New York. In addition lawyers also have industry experience as a number of the partners and associates have worked in financial institutions, oil and gas companies etc. prior to joining or upon returning to the firm.

The firm’s practice areas are divided into two main practice groups, corporate and commercial and dispute resolution and arbitration. our corporate and commercial practice comprises of the full range of transactional and advisory work, including M&A, private equity investments, refinancing, restructurings and joint ventures. The practice also provides highly commercial and practical advice across the full spectrum of financial products, including syndicated lending and leveraged and acquisition finance, asset finance, derivative products, project finance, financial regulatory, insolvency, restructuring and structured finance. These also include expertise in all aspects of private equity, from establishing the fund and making investments, to ongoing portfolio assistance, including restructuring advice, to exiting from those investments. The firm also has a very strong intellectual property practice that provides advice to clients on contentious and non-contentious issues relating to the protection and enforcement of their intellectual properties and rights, ie franchising, trade marks, patents, confidential information, design rights and copyright.

The dispute resolution and arbitration practice is made up of a team of seasoned litigators with experience in a wide range of areas: banking, competition and antitrust, derivatives and structured products, fraud and white-collar crime, insolvency, contentious tax, energy and infrastructure disputes, regulatory investigations, property and finance. The firm’s lawyers through arbitration and/or litigation work with clients to resolve disputes efficiently and effectively.

Department Name Email Telephone
Banking and finance Kofo Dosekun
Banking and finance Oludare Senbore
Banking and finance Reginald Udom
Business advisory Oghogho Makinde
Capital markets Olubunmi Fayokun
Capital markets Ayodeji Oyetunde
Dispute resolution Babatunde Fagbohunlu (SAN)
Dispute resolution Adeniyi Adegbonmire
Dispute resolution Mark Mordi
Dispute resolution Tonye Krukrubo
Dispute resolution Chukwuka Ikwuazom
Dispute resolution Joke Aliu
Energy and natural resources Oghogho Makinde
Energy and natural resources Oludare Senbore
Energy and natural resources Reginald Udom
Governance, risk and compliance Simeon Obidairo
Insolvency and restructuring Kofo Dosekun
Insolvency and restructuring Adeniyi Adegbonmire
Insolvency and restructuring Oghogho Makinde
Insolvency and restructuring Oludare Senbore
Insolvency and restructuring Chukwuka Ikwuazom
Intellectual property Uche Nwokocha
Mergers and acquisitions Olubunmi Fayokun
Mergers and acquisitions Ayodeji Oyetunde
Private equity and wealth management Oghogho Makinde
Private equity and wealth management Oludare Senbore
Private equity and wealth management Ayodeji Oyetunde
Privatisation/PPP Olubunmi Fayokun
Privatisation/PPP Oghogho Makinde
Real estate Adeniyi Adegbonmire (SAN)
Structured finance Kofo Dosekun
Structured finance Olubunmi Fayokun
Structured finance Oludare Senbore
Structured finance Reginald Udom
Structured finance Ayodeji Oyetunde
Taxation Chukwuka Ikwuazom
Transport (shipping and aviation) Mark Mordi
Number of lawyers : 80
at this office : 65
Other offices : Port Harcourt
Other offices : Abuja