| ‘The banking and finance team in Udo Udoma & Belo-Osagie is easily the most commercially astute team that I have ever worked with in Nigeria. The team understand the market, the pitfalls to avoid and work with an eye to details when advising on transactions. The partners are a phone call away and very accessible, and its billing is reasonable and commercially affordable. The quality control in the practice is noteworthy, and relationship-building and networking practices endear me to the firm.’ |
CBN Caps Stay Period for Termination Rights and Payment Obligations under BOFIA at Two Business Days
The Central Bank of Nigeria (“CBN”), on 1 July 2026, issued a circular titled “Interpretative Guidance on the Practical Operation of Sections 34(2)(b) and 40(2)
