ADEOLA SUNMOLA
PARTNER
Adeola, a distinguished and accomplished professional, is a partner in Udo Udoma and Belo-Osagie’s esteemed teams specialising in banking and finance, power, projects, and infrastructure. Her expertise encompasses a diverse range of legal subjects, notably cross-border lending, syndicated lending, non-interest finance, debt restructuring, and financing for intricate power, manufacturing, and infrastructure projects in Nigeria. She leads legal teams that advise on project development, and project finance in the power sector.
With a wealth of experience, Adeola offers counsel to local and international banks, corporate entities, regional and global energy corporations, development finance institutions, and private equity funds. Her advisory expertise extends to multifaceted initiatives involving oil and gas assets, port developments, road infrastructure, power generation plants, steel mills, cement production facilities, and real estate development.
Recognised as a trailblazer, Adeola secured a place of honour in the IFLR1000 Women Leaders for 2022, a prestigious distinction reserved for the world’s most outstanding women in the legal profession. She maintains a consistent status as a ‘Highly Regarded’ Lawyer according to IFLR1000, renowned for her exceptional contributions to Banking and Finance, as well as Project Development and Project Finance. The esteemed Legal500 has also bestowed recognition upon her for her mastery in Energy and Natural Resources, while her Banking and Finance competence is recognised by Who’s Who Legal.
In 2019, Adeola proudly received the ‘Nigerian Rising Star: 40 under 40’ award from the Nigerian Legal Awards, a testament to her role as a luminary among young legal talents under the age of 40 who are poised to shape the legal landscape of the future.
Beyond her legal prowess, Adeola holds seats on the boards of notable entities such as FGN Sukuk Roads PLC – a vital issuer of non-interest finance bonds under the aegis of the Federal Government of Nigeria. She’s also involved with Syarpa, a cutting-edge Fintech firm facilitating cross-border payments through innovative digital asset solutions in Africa and beyond.
A fervent advocate for women’s empowerment, Adeola is an engaged member of the Steering Committee and Board of Trustees for Women in the Profession (Nigerian Chapter), a distinguished initiative associated with the Cyrus R. Vance Centre for International Justice. She is also the African Regional Forum Liaison Officer of the International Bar Association’s Women Lawyers’ Committee.
While she wields remarkable legal prowess, Adeola also nurtures diverse interests beyond the legal practice. She’s an enthusiast of women’s empowerment, fashion, and travel, and she actively participates in initiatives to enhance capacity within her domains of expertise.
| 2017 | Partner, Udo Udoma & Belo-Osagie |
| 2014 | Managing Associate, Udo Udoma & Belo-Osagie |
| 2012 | Senior Associate, Udo Udoma & Belo-Osagie |
| 2007 | Associate, Udo Udoma & Belo-Osagie |
| 2006 | Counsel, Paul Usoro & Co |
| 2005 | Intern, Adeyinka Ajayi & Co |
| 2005 | Nigerian Law School, B.L |
| 2004 | Olabisi Onabanjo University (formerly Ogun State University), LLB |
| 2005 | Nigeria |
Nigerian Bar Association
The Lagos State Electricity Law 2024: A Synopsis
On December 3, 2024, Lagos State Governor, Mr. Babajide Sanwo-Olu, signed the Lagos State Electricity Bill into law, establishing the Lagos State Electricity Law, 2024. This landmark legislation aligns with the recent amendments to the Nigerian Constitution and the Electricity Act, 2023, which grant states the authority to regulate electricity generation, transmission, and distribution within […]
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6th Annual UUBO I.C.E. Regulators’ Masterclass Communique
In 2018, Udo Udoma and Belo-Osagie (“UUBO”) launched its flagship initiative, the annual UUBO Investigations, Compliance, and Ethics (I.C.E.) Summit. This initiative demonstrates our unwavering commitment to building capacity and facilitating robust discussions on a wide range of legal and regulatory matters. The sixth edition of the UUBO I.C.E. Summit was held on October 15 […]
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Islamic Finance in Nigeria – 2024 Year in Review and 2025 Outlook
Islamic Finance in Nigeria, though still developing, has achieved significant growth, with the industry stated to have grown from NGN 1.5 trillion in 2022 to NGN 2.5 trillion in 2023. The sector has gained traction through initiatives such as sukuk issuances, non-interest commercial papers, and regulatory reforms, positioning it as a vital component of the […]
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Adeola Sunmola and Tomisin Bhadmus-Ladi Contribute Article to Islamic Finance News
Our Partner, Adeola Sunmola, and Associate, Tomisin Bhadmus-Ladi, have contributed a comprehensive feature article to Islamic Finance News, the world’s leading Islamic finance news provider. The article highlights Nigeria’s emergence as a dominant force in African Islamic finance, currently holding an impressive 42% of the continent’s Sukuk market. This leadership position reflects years of careful […]
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Electricity Act 2023: Transforming Nigeria’s Power Sector
Renewable Energy: On June 9th, 2023, President Bola Ahmed Tinubu marked a significant milestone in Nigeria’s electricity sector by signing the Electricity Act 2023. This groundbreaking legislation replaces the Electric Power Sector Reforms Act of 2005 and paves the way for a transformative journey towards a more efficient, sustainable, and accessible industry. In this insightful […]
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Clean Energy Tool
Renewable energy is in high demand worldwide as countries and companies recognise the value they can unlock by making the transition to clean energy. The same is true in Nigeria but, as elsewhere, the legal and regulatory environment can be complex and difficult to navigate for potential investors and developers. Udo Udoma & Belo-Osagie is […]
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Chambers Global 2022: Energy and Projects Overview
UUBO is pleased to have featured in Chambers Global 2022: Energy and Projects Overview. The publication is a resource for practitioners and investors in Nigeria and provides valuable information about current economic, legal, and political trends affecting the Nigerian Energy and Project space and its key players. Nicholas Okafor (Partner), Adeola Sunmola (Partner), Victor SAMUEL […]
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IFLR Africa Market Makers Report
UUBO is pleased to have contributed the Nigerian chapter of the 2022 edition of the IFLR Africa Market Makers report, authored by partners Jumoke Lambo, Folake Elias-Adebowale, Yinka Edu, Ozofu Olatunde Ogiemudia, Nicholas Okafor, Adeola Sunmola, Joseph Odianosen Eimunjeze and Onyinye Okafor. The report highlights and offer perspectives on trends, developments and key regulatory and […]
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Chambers Global 2022: Energy and Projects Overview
UUBO is pleased to have been featured in Chambers Global 2022: Energy and Projects Overview. The publication is a resource for practitioners and investors in Nigeria and provides valuable information about current economic, legal, and political trends affecting the Nigerian Energy and Project space and its key players. Nicholas Okafor (Partner), Adeola Sunmola (Partner), Victor […]
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Building strong foundations
Our partners, Nicholas Okafor and Adeola Sunmola are pleased to have authored an article titled, Building Strong Foundations. This piece provides an overview of infrastructure project financing in Nigeria. To access this article, please click here
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Creating liquidity in Nigeria’s power sector and making it more bankable
Creating liquidity in Nigeria’s power sector and making it more bankable
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The Lekki Deep Sea Port Project
As President Muhamadu Buhari commissions the Lekki Port Project for commercial operations today, Monday...
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UUBO Advices On Nigerian elements Of General Atlantic’s Beyondnetzero-Led $260m Series D Funding Of Sun King
Udo Udoma & Belo-Osagie is pleased to have advised on the Nigerian elements of...
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UUBO Advises Seplat Energy Plc on its Acquisition of Exxon Mobil’s Offshore Shallow Water Business in Nigeria
We are delighted to have advised Seplat Energy Plc on this landmark transaction. The...
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What the market says…
“Adeola Sunmola is praised as “a very analytical practitioner” who “always goes above and beyond” in her financial advice to clients in the real estate and construction industries.”
- WWL
"She had the requisite experience needed to advise us of the best structure to adopt for the transaction."
- IFLR1000
"She is very attentive, coordinated and quite knowledgeable."
- IFLR1000
