Articles, Events and Announcements
Settlement of Trade Transactions through PAPSS In Nigeria: Use of Foreign Exchange provided by the CBN and Related Matters
In October 2021, the Central Bank of Nigeria (“CBN”) released the Guidelines on the Operations of Pan-African Payments and Settlement System PAPSS in Nigeria...
Read MoreThe Nigerian Electricity Act 2023: Illuminating the path towards Power Sector transformation in Nigeria
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...
Read MoreChambers Energy: Oil & Gas 2023 (Trends & Developments): Nigeria
UUBO is pleased to have contributed the Nigeria chapter of the Energy: Oil & Gas 2023 (Trends & Developments) Global Practice Guide published by...
Read MoreChambers Global Practice Guide: Doing Business in Nigeria 2023 -Trends and Developments
Udo Udoma & Belo-Osagie is pleased to have contributed the Doing Business in Nigeria 2023 -Trends and Developments chapter of the Chambers Global Practice...
Read MoreLenders Taking Security over Mining Rights for Financing: Nature, Scope and Requirements under Nigerian Law
This article examines the nature of security interests over mining rights in Nigeria and the requirement for the perfection of these security interests, including...
Read MoreAn Appraisal of the Central Bank of Nigeria’s 2023 Guidelines on Contactless Payments
‘s Contactless Payment Guidelines 2023
Read MoreUUBO Pro Bono 2022 Newsletter and Social Impact Report
The Udo Udoma & Belo-Osagie Pro bono team is proud to present the maiden edition of its Pro Bono and Social Impact Report! This...
Read MoreICLG – Fintech 2023 – Promotional Guidelines
UUBO’s Fintech team members Yinka Edu (Partner), Joseph Eimunjeze (Partner), Pamela Onah (Senior Associate) and Oluwatobi Akintayo (Associate) have contributed to the latest Nigerian...
Read MoreLegal Requirements for Financial Services Apps on the Google Play Store
The recent crackdown on mobile applications (“Apps”) that are geared towards the provision of financial services, including lending, by local regulators has necessitated an...
Read MoreReview of the Business Facilitation (Miscellaneous Provisions) Act 2022
The Business Facilitation Act and its implications for certain corporate matters under the Companies and Allied Matters Act 2020 The Business Facilitation (Miscellaneous Provisions)...
Read MoreAdeola Sunmola – The Africa Energy Forum 2023
UUBO’s Adeola Sunmola (a Partner in the firm’s Banking & Finance, Power, Projects and Infrastructure teams) is attending The Africa Energy Forum 2023. The forum, themed...
Read MoreNicholas Okafor – The Africa Energy Forum 2023
UUBO’s Nicholas Okafor (a Partner in the firm’s Power, Projects and Infrastructure, Banking & Finance and Capital Markets teams) is attending The Africa Energy Forum 2023....
Read MoreChisom Okolie – World Bank Group’s International Corruption Hunters Alliance (ICHA)
Our Associate, Chisom Okolie, is one of the 19 youth delegates selected from 14 countries to attend and present perspectives at the *World Bank Group’s...
Read More11th Edition ICLG – Lending & Secured Finance Laws and Regulations in Nigeria 2023
UUBO’s Banking & Finance team is proud to announce their contribution to the latest Nigerian chapter of the Global Legal Group’s 11th Edition of...
Read MoreAN OVERVIEW OF THE FINANCE ACT 2023
The Finance Act 2023 (the “FA 2023”) was signed into law by former President Muhammadu Buhari on 28 May 2023, prior to his leaving...
Read MoreNigerian British Chamber of Commerce’s (NBCC) MSME Experts-in-Residence (EIR) Programme
Our banking & finance, capital markets and energy & infrastructure teams’ partner, Onyinye Okafor, will participate in the Nigerian British Chamber of Commerce’s (NBCC)...
Read MoreAniekan Ukpanah on His Appointment as the Secretary of the Lex Mundi’s Board of Directors
We at Udo Udoma & Belo-Osagie are delighted to announce the appointment of our Managing Partner, Aniekan Ukpanah to the position of Secretary of the Lex Mundi‘s Board of...
Read MoreChartered Institute of Taxation (CIOT) Nigeria themed “Nigeria of the Future: Achieving Sustainable Development through Taxation”
Our tax, mining and metals, and compliance and investigations teams’ partner, Lolade Ososami, joined other leading tax professionals at the just concluded 25th Annual Tax...
Read MoreAfrican Private Capital Association (AVCA) Private Equity Conference and Venture Capital Summit 2023
UUBO Partners, Folake Elias-Adebowale and Ozofu Olatunde Ogiemudia joined over 600 other enthusiasts from across the African and Africa-facing private equity and venture capital ecosystem at the African Private...
Read MoreNigeria and Economic Community of West African States (ECOWAS) chapters of the Bowmans Africa Competition Law Guide
Udo Udoma & Belo-Osagie is pleased to have contributed to the Nigeria and Economic Community of West African States (ECOWAS) chapters of the Bowmans...
Read MoreNigerian chapter to the 2023 edition of The Middle Eastern and African Arbitration Review
Uzoma Azikiwe, SAN (Partner), Festus Onyia (Partner), and Michael Ugah (Senior Associate) of the firm’s dispute resolution team have contributed the Nigerian chapter to the 2023 edition of...
Read MoreOnyinye Okafor: “Enforcement and Recovery” at the LMA Lagos Training
Our banking & finance team partner, Onyinye Okafor, will moderate a panel titled “Enforcement and Recovery” at the LMA Lagos Training, taking place today, Tuesday,...
Read MoreJoseph Eimunjeze: Social infrastructure at the LMA Lagos Training
Our banking & finance team partner, Joseph Odianosen Eimunjeze, will moderate a panel titled “Social infrastructure” at the LMA Lagos Training, taking place today, Tuesday,...
Read MoreInnovative UUBO reinvigorates Nigeria’s dynamic start-up community with U-Law
We are proud to share our Managing Partner, Aniekan Ukpanah‘s Lex Mundi’s member spotlight article. In this article, he shares insights into U-Law,the sub-firm within the...
Read MoreClean 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....
Read MoreUUBO acted as Nigerian Counsel to Rand Merchant Bank South Africa (“RMB SA”) in connection with a secured on-lending transaction in an aggregate sum of up to USD100,000,000
The UUBO Banking and Finance team is pleased to have acted as Nigerian Counsel to Rand Merchant Bank South Africa (“RMB SA”) in connection...
Read MoreUUBO advised Bboxx Energy Access Nigeria Limited (Bboxx) in connection with the provision of credit facility by Nithio FI B.V
The UUBO Banking and Finance Team is pleased to have advised Bboxx Energy Access Nigeria Limited (Bboxx) a market leader in off-grid energy in...
Read MoreDealMaker Award 2023 – Nominated
We are very pleased that DealMakers Africa has shortlisted the Investment in Interswitch Group by LeapFrog Investments and Tana Capital Africa, on which UUBO acted as...
Read MoreTAX SERIES: HIGHLIGHTS OF THE FINANCE BILL 2022
On the 3rd of January 2023, President Muhammadu Buhari signed the 2023 Appropriation Bill for the implementation of the National Budget (the “Budget”) into...
Read MoreAfrica Tech Summit 2023
Udo Udoma & Belo-Osagie is delighted to be at the Africa Tech Summit 2023 in Nairobi, Kenya. To schedule a meeting with our lawyers;...
Read MoreData Protection Compliance: Conducting Annual Data Protection Audits
Did you know that: The Nigeria Data Protection Regulations 2019 (“NDPR”) requires organisations to conduct a detailed audit of their privacy and data protection...
Read MoreUUBO advises Phatisa Food Fund II on its investment in Manipal International Holdings
UUBO congratulates African Private Equity fund manager, Phatisa, and India-based printing, packaging, and technology conglomerate, The Manipal Group, on Phatisa Food Fund 2’s acquisition...
Read MoreThe Lekki Deep Sea Port Project
As President Muhamadu Buhari commissions the Lekki Port Project for commercial operations today, Monday 23rd January, 2023, UUBO reflects on its role as Nigerian counsel...
Read MoreDeal Announcement: OSM Maritime Group and Thome Group
Leading vessel management and maritime services providers, OSM Maritime Group and Thome Group, have agreed to combine their global businesses (subject to jurisdictional regulatory...
Read MoreDeal Announcement: BioNTech SE acquires InstaDeep Ltd
The UUBO Private Equity Team is pleased to have acted as Nigerian Counsel to BioNTech SE, a German biotechnology company in its acquisition of...
Read MoreRevised COVID-19 Public Health Guidelines for All Aviation Service Providers
On 12th December 2022, the Nigerian Civil Aviation Authority (“NCAA”) issued the ‘Revised COVID-19 Public Health Guidelines for All Aviation Service Providers (Domestic and...
Read MoreTHE CLIMATE CHANGE ACT 2021: KEY POINTS FOR CONSIDERATION
In order to protect the Nigerian environment and ecosystem from the ravages associated with climate change and to achieve the reduction of greenhouse gas...
Read MoreChambers FinTech Legal Guide 2023 – Folake Elias-Adebowale
Udo Udoma & Belo-Osagie is pleased to announce that our Private Equity & Venture Capital, Mergers & Acquisitions and Oil & Gas teams’ partner, Folake Elias-Adebowale has...
Read MoreChambers FinTech Legal Guide 2023 – Yinka Edu
Udo Udoma & Belo-Osagie is pleased to announce that our Fintech, Banking & Finance and Capital Markets and U-Law teams’ partner, Yinka Edu has been ranked by...
Read MoreUUBO Banking & Finance team acted as Nigerian Counsel to two Development Finance Institutions
The UUBO Banking & Finance team is pleased to have acted as Nigerian Counsel to two Development Finance Institutions – Société de Promotion et...
Read MorePENCOM Issues Guidelines on Accessing Retirement Saving Account Balance Towards Payment of Equity Contribution for Residential Mortgage
On 23rd September 2022, the National Pension Commission (the “Commission”) released the Guidelines on Accessing Retirement Savings Account (“RSA”) Balance towards Payment of Equity...
Read MoreClient Update on the NAICOM Circular on the Tenure Limit for Executive Directors of Insurance and Reinsurance Companies
On 22nd November 2022, the National Insurance Commission (the “Commission”) released the Circular on the Tenure Limit for Executive Directors of Insurance and Reinsurance...
Read MoreData Protection – Do You Know the Principles Governing the Processing of Personal Data Under the NDPR – Series 2
THE PRINCIPLES GOVERNING THE PROCESSING OF PERSONAL DATA UNDER THE NIGERIA DATA PROTECTION REGULATION 2019
Read MoreFast Facts – Disability in the Workplace
In honour of this year’s International Day of Persons with Disabilities, our Employment Law team have prepared an article on disability in the workplace....
Read More11th Practical Nigerian Content Forum (PNC)
Udo Udoma & Belo-Osagie is a proud co-sponsor of the 11th Practical Nigerian Content Forum (PNC) presented in partnership with the Nigerian Content Development...
Read MoreInternational Bar Association’s Competition Law in Africa Conference
Udo Udoma & Belo-Osagie is a proud co-sponsor of the International Bar Association’s Competition Law in Africa Conference, which is co-presented by the Federal...
Read MoreNigeria Chapter Updates – Lexology Getting the Deal Through – Executive Compensation & Employee Benefits
Nigeria Chapter Updates – Lexology Getting the Deal Through – Executive Compensation & Employee Benefits Our Employment Law partner, Jumoke Lambo, and associates, Peter...
Read MoreUUBO Team Advises on Base10 Partners Investment in BUMPA
We are pleased to have advised Base10 Partners on Nigerian elements of its recent seed funding of Bumpa, an e-commerce platform. The investment is...
Read MoreUUBO Advises European Investment Bank (Eib) in Connection with the Eur100 Million Financing to MTN Nigeria Communications Plc (MTNN)
The UUBO Banking and Finance team is pleased to have acted as Nigerian Counsel to the European Investment Bank (EIB), the lending arm of...
Read MoreClient Update on the Nigeria Startup Act 2022
UUBO’s General Corporate Advisory team is pleased to have published a client update on the Nigeria Startup Act 2022. Contributors to the update include...
Read MoreThe Release of Employees in the Oil & Gas Sector
Our Employment law team is pleased to have hosted a learning and engagement session on Tuesday, November 1, 2022, for our clients in the...
Read MoreThomson Reuters Practical Law Global Guide – Private Equity in Nigeria: Overview
UUBO’s Private Equity team’s Ozofu Olatunde Ogiemudia, Temiloluwa Olowu Okeowo and Aanu Odunaike have contributed to the latest Nigerian Chapter of the Thomson Reuters...
Read MoreIBA Annual Conference 2022, Miami
Udo Udoma & Belo-Osagie is delighted to be at the International Bar Association IBA annual conference 2022 in Miami. To schedule a meeting with our team of...
Read MoreUUBO Co-sponsors a new WuProductions movie, 4444
As part of our diversity and inclusion commitment, Udo Udoma & Belo-Osagie is committed to evolving strategies and to supporting diverse initiatives and organisations...
Read MoreRegulatory Update: Exposure Draft Of The Guidelines For The Regulation Of Representative Offices Of Foreign Banks In Nigeria
In the Nigerian banking sector, there are some representative offices which are owned by foreign banks. A representative office serves as a marketing and...
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