Articles, Events and Announcements
Nigerian Banking and Finance Sector – 2024 Review and Outlook for 2025
The Nigerian Banking and Finance Sector: 2024 Review and 2025 Outlook The Nigerian banking and finance sector faced major regulatory changes in 2024. The...
Read MoreOZOFU OGIEMUDIA SPEAKS AT TRUSTLAW’S PRO BONO INDEX 2024 LAUNCH
Pro Bono service is an integral part of Udo Udoma & Belo-Osagie’s (UUBO) firm culture. We firmly believe that we have a vital role...
Read MoreUUBO Advises GREEN INVEST and Echosys Invest in Connection with USD 15 million Westa Solar Investment
We are delighted to have acted as lead counsel to RGREEN INVEST and Echosys Invest, as Fund Manager and Fund Advisor to Afrigreen Debt...
Read MoreEnforcing Arbitration Awards in Nigeria – Federal High Court Clarifies the Meaning of Incapacity
Enforcing Arbitration Awards in Nigeria: Federal High Court Clarifies the Meaning of Incapacity The Federal High Court of Nigeria (FHC) has provided crucial clarification...
Read MoreSupreme Court Grants States Power to Regulate Lottery and Gaming
The Supreme Court of Nigeria has ruled that lottery and gaming regulation falls under the jurisdiction of individual states rather than the Federal Government....
Read MoreThe Nigerian Supreme Court Rules 2024 and Clarificatory Memorandum on Extension of time
The Nigerian Supreme Court Rules 2024 introduced significant reforms to improve case management and ensure faster appeal resolution. As the highest judicial authority in...
Read MoreNavigating Nigeria’s Tax Landscape: Key Trends and Developments in 2024 and Outlook for 2025
In our latest analysis, “Navigating Nigeria’s Tax Landscape: Key Trends and Developments in 2024 and Outlook for 2025,” we consider Nigeria’s evolving tax landscape....
Read MoreThe Federal Government Announces Reduced Annual Service Fees for Mineral Holders
Following the release of the revised schedule of rates for the mining sector by the Ministry of Solid Minerals Development (MSMD) in July 2024,...
Read MoreUUBO Capital Markets Team Advises Asiko Power Limited in NGN2,500,000,000.00 Commercial Paper Issuance Programme Establishment
The UUBO Capital Markets team is pleased to have acted as Legal Counsel to Asiko Power Limited (“Asiko Power”) in connection with the establishment...
Read MoreOzofu Latunde Ogiemudia Discusses Her Professional Journey in Revealing IFLR Interview
Our Employment, Corporate Advisory, Private Equity, Mergers & Acquisitions (M&A), and Pro Bono teams’ partner, Ozofu ‘Latunde Ogiemudia, was recently featured in the International...
Read MoreEkundayo Onajobi Elevated to Partner
We are pleased to announce the elevation of Ekundayo Onajobi to Partnership at Udo Udoma & Belo-Osagie. Ekundayo provides expert guidance to clients on...
Read MoreRecent Reforms in the Nigeria Foreign Exchange Market and the Introduction of the Electronic Foreign Exchange Matching System
The Central Bank of Nigeria (the “CBN”), on 2 October 2024, issued a circular titled “Introduction of the Electronic Foreign Exchange Matching System in...
Read MoreThe 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,...
Read More6th 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...
Read MoreIslamic 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...
Read MoreUUBO contributes to Debevoise & Plimpton’s Impact of the UNGPs on Courts and Judicial Mechanisms: 2024 Africa Update Publication
Udo Udoma & Belo-Osagie (UUBO) contributed the Nigeria chapter to the Debevoise & Plimpton publication “The Impact of the UNGPs on Courts and Judicial...
Read MoreUUBO ADVISES SEPLAT ENERGY PLC ON ITS ACQUISITION OF EXXON MOBIL’S OFFSHORE SHALLOW WATER BUSINESS IN NIGERIA
We congratulate SEPLAT ENERGY on successfully completing its acquisition of the entire share capital of Mobil Producing Nigeria Unlimited, encompassing ExxonMobil Corporation’s offshore shallow...
Read MoreAn Overview of the CBN Draft FX Code and Circular on Electronic Foreign Exchange Matching System
The Central Bank of Nigeria (“CBN”) has consistently been expressing its policy drive to deepen the Nigerian autonomous foreign exchange market (“FX Market”) and...
Read MoreUdo Udoma & Belo-Osagie advises Saint-Gobain S.A. on the Nigerian elements of its proposed acquisition of the Fosroc
Udo Udoma & Belo-Osagie has advised Saint-Gobain S.A. (“SG”) on the Nigerian elements of its proposed acquisition of Dubai-based global construction chemicals player, the...
Read MoreAdeola 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...
Read MoreUUBO Sponsors Nigeria Mining Week 2024
The Nigeria Mining Week (NMW) 2024 kicks off today, 18 November, until Wednesday, 20 November, at the Abuja Continental Hotel, and as bronze sponsors...
Read MoreUUBO Tax Update – Overview of the Value Added Tax (Modification) Order 2024
This Tax Update on the Value Added Tax (Modification) Order 2024 highlights recent changes introduced by Nigeria’s Minister of Finance to the VAT framework,...
Read MoreUUBO Nominated for 2024 Private Equity Africa Legal Advisors Awards
Udo Udoma & Belo-Osagie (UUBO) is pleased to have been shortlisted for the 2024 Private Equity Africa (PEA) Awards 2024 in the Legal Advisors...
Read MoreImmigration Spot-checks and Inspections
Did you know that Regulation 35 of the Immigration Regulations 2017 (the “Regulations”) provides that an immigration officer may, without a warrant, enter and...
Read MoreUUBO Contributes to Bowmans Law’s 2024 Africa Remuneration Trends Report
We are excited to share that our Partners Jumoke Lambo and Ozofu ‘Latunde Ogiemudia, along with Senior Associate Victoria Agomuo, have contributed to Bowmans...
Read More10 Things To Remember In A Dawn Raid
Is your business ready for the unexpected? A dawn raid by regulatory authorities can be sudden and overwhelming. Knowing how to respond effectively is...
Read More9th Annual Nigeria Mining Week: One Week To Go
One Week to Go! We are counting down to the 9th Annual Nigeria Mining Week taking place from 18-20 November 2024, where Lolade Ososami,...
Read MoreOzofu ‘Latunde Ogiemudia Participates in Bowmans Law’s Value of Knowing Podcast Series
We are pleased to share that Ozofu ‘Latunde Ogiemudia, our Corporate Advisory, Private Equity, Mergers & Acquisitions, Employment, and Pro Bono teams Partner, recently...
Read MoreUdo Udoma & Belo-Osagie Sponsors Nigerian Maritime Law Association (NMLA) 2024 AGM and Lecture
Udo Udoma & Belo-Osagie is pleased to announce its silver sponsorship of the 2024 Annual General Meeting and Lecture of the Nigerian Maritime Law...
Read MoreLolade Ososami Set To Speak At the 2024 Annual Nigeria Mining Week
We at Udo Udoma & Belo-Osagie are pleased to share that Lolade Ososami, Head of our Taxation and Mining & Metals teams, will speak...
Read MoreUUBO Contributes to Thomson Reuters Practical Law’s Commercial Real Estate in Nigeria Guide 2024
UUBO is pleased to have contributed to the Commercial Real Estate in Nigeria: Overview Q&A Guide 2024 published by Thomson Reuters Practical Law. Adeola...
Read MoreUUBO Sponsors 9th Annual Nigeria Mining Week
Udo Udoma & Belo-Osagie is pleased to announce its sponsorship of the 9th annual Nigeria Mining Week scheduled for 18-20 November 2024 at the...
Read MoreUUBO Contributes to Chambers and Partners’ Securitisation (Trends & Developments) Global Practice Guide 2024
UUBO is pleased to have contributed to the Securitisation (Trends & Developments) Global Practice Guide 2024 published by Chambers and Partners. Yinka Edu, Joseph...
Read MoreMarkanthony Ezeoha Completes Africa Climate Academy Training
Our Energy & infrastructure Associate, Markanthony Ezeoha, recently completed his training as a member of the Inaugural Cohort of the Africa Climate Academy, which...
Read MoreUUBO’s M&A Team Advises Micro Labs Limited India On Acquisition Of Servier International B.V. and Servier Nederland B.V.’s Controlling Equity Stake In Swiss Pharma Nigeria Limited
Udoma & Belo-Osagie’s M&A team has advised Micro Labs Limited India (Micro Labs) on its acquisition of Servier International B.V. and Servier Nederland B.V.’s...
Read MoreUUBO PEMA Teams Contribute to Lexology Panoramic Next: Private Equity Publication
The latest edition of Lexology Panoramic Next: Private Equity 2024, a comprehensive guide on private equity in Nigeria authored by members of Udo Udoma...
Read MoreNicholas Okafor Moderates Panel Session at the 2024 Nigerian Energy Leadership Summit
We are excited to announce that Nicholas Okafor, Head of the firm’s Energy, Projects, and Infrastructure teams and Partner in the Banking & Finance...
Read MoreUUBO’s Dispute Resolution Team Contributes to the 2024 International Comparative Legal Guides
UUBO’s Dispute Resolution team members, Mena Ajakpovi (Partner), Festus Onyia (Partner), and Olamide Aleshinloye (Senior Associate) have contributed to the latest Nigerian chapter of...
Read MoreUUBO Contributes to Thomson Reuters’ Practical Law Practice Note Overview 2024
We are pleased to announce our contribution to the chapter titled “Data Localization Laws: Overview (Nigeria)”, featured in the Practical Law Practice Note Overview...
Read MoreUUBO’s Data Protection Practice Group Contributes to the 2024 International Comparative Legal Guides
We are pleased to announce our contribution of the chapter titled “Data Protection Laws and Regulations, Nigeria, 2024,” published in the International Comparative Legal...
Read MoreEnhancing Dispute Resolution in Nigeria’s Oil & Gas Industry
The Alternative Dispute Resolution Centres (ADRCs), introduced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), bring a centralized approach to managing disputes in the...
Read MoreSmart Contracts: Assessing Some Legal Implications of its Use in the Nigerian Capital Market
Smart contracts, among various blockchain technology innovations, have one of the most transformative impacts on operations in financial transactions. As smart contracts usher in...
Read MoreOnyinye Okafor to Speak at the AFSIC – Investing in Africa Conference 2024
Our Banking & Finance and Corporate Advisory Partner, Onyinye Okafor, will be a distinguished speaker at the AFSIC – Investing in Africa Conference 2024....
Read MoreJoseph Eimunjeze to Speak at the AFSIC – Investing in Africa Conference 2024
Our Banking & Finance, Fintech, Tax, Capital Market, and Corporate Advisory teams Partner, Joseph Eimunjeze, will be a speaker at the AFSIC – Investing...
Read MoreIBA Banking & Financial Law Committee – Fintech Report, September 2024
Our Banking and Finance, Capital Markets, and Fintech Partners, Yinka Edu and Joseph Eimunjeze, contributed to the second edition of the International Bar Association’s...
Read MoreRegulatory Update – Payment Service Providers Connectivity to PTSAs for the Processing of Electronic Transactions
On 11 September 2024, the Central Bank of Nigeria (“CBN”) issued a new circular to all Payment Service Providers (“PSPs”) regarding their connectivity to...
Read MoreOverview of NCC Guidance on the Simplification of Tariffs in the Nigerian Communication Sector
The Nigeria Communication Commission (“NCC”) on 29 July, 2024 released the Guidance on the Simplification of Tariffs in the Nigerian Communication Sector. The document...
Read MoreCybersquatting in Nigeria – Challenges and Countermeasures
Did you know that in our digitally driven world, where the internet is a cornerstone of commerce, communication, and information dissemination, cybersquatting has emerged...
Read MoreUUBO Contributes to Bowmans Law’s Africa Guide—Employment Impacts of Business Transfers
We are pleased to have contributed the Nigerian chapter to Bowmans Law’s recently published guide, Africa Guide—Employment Impacts of Business Transfers. This guide provides...
Read MorePersonal Data of a Minor: What You Must Know
To process personal data, did you know that a child is any person below the age of 18 (Section 31 Nigeria Data Protection Act...
Read MoreUUBO Announces 6th Edition of Annual I.C.E. Summit
Building on the success of five impactful editions, Udo Udoma & Belo-Osagie (UUBO) is excited to announce our 6th annual Investigations, Compliance, and Ethics...
Read MoreKelechi Ibe Ranked as Rising Star in 2025 ITR World Tax Rankings
We congratulate our senior associate, Kelechi Ibe, on his ranking and recognition as a “Rising Star” in the 2025 ITR World Tax Rankings. Kelechi...
Read MoreJoseph Eimunjeze Ranked as Highly Regarded in 2025 ITR World Tax Rankings
We are thrilled to announce that Joseph Eimunjeze, a partner in the banking and finance, corporate advisory, taxation, and fintech teams, has been ranked...
Read MoreLolade Ososami Ranked as Highly Regarded in 2025 ITR World Tax Rankings
We at Udo Udoma & Belo-Osagie are delighted to announce that Lolade Ososami, our partner and head of our taxation and mining and metals...
Read MoreUUBO Recognised in Three Categories in 2025 ITR World Tax Rankings
We at Udo Udoma & Belo-Osagie are proud to announce our rankings and recognitions in three categories of the ITR World Tax Rankings 2025....
Read MoreI.C.E. SUMMIT 2024
Are you ready to break the I.C.E.? Mark your calendars for October 15, 2024, as Udo Udoma & Belo-Osagie hosts its 6th Investigations, Compliance...
Read MoreUUBO’S BANKING & FINANCE TEAM ADVISED OLD MUTUAL ON THE ACQUISITION OF ITS INSURANCE BUSINESSES BY EMPLE GROUP LIMITED
We are proud to have advised Old Mutual on the acquisition of its insurance businesses by emPLE Group Limited. The transaction aligns with Old...
Read MoreConnect with Adeola Sunmola at the IBA Conference 2024 in Mexico
We are excited to share that our Banking & Finance, Compliance, Power, Projects, and Infrastructure teams partner, Adeola Sunmola, will be speaking at two...
Read MoreConnect with Yinka Edu at the IBA Conference 2024 in Mexico
We are proud to announce that our Banking & Finance, Capital Markets and Corporate teams partner, Yinka Edu, will be speaking at the International...
Read MoreMeet the UUBO delegation at the IBA Mexico City conference in September 2024
We at Udo Udoma & Belo-Osagie are delighted to participate in the International Bar Association (IBA) Annual Conference, set to take place from 15...
Read MoreOzofu ‘Latunde Ogiemudia Inaugurated as Chair of the Nigerian Bar Association Section on Business Law (NBA-SBL)
We congratulate Ozofu ‘Latunde Ogiemudia, a partner in our general corporate advisory, private equity, mergers & acquisitions, employment law, and pro bono teams, on...
Read MoreJoin Our Breakfast Session on Immigration Compliance Strategies for Expatriate Employees in Nigeria’s Oil & Gas Industry.
Join us at our exclusive breakfast session as we explore crucial immigration compliance strategies for expatriate employees in Nigeria’s oil and gas industry. Themed...
Read MoreFolake Moderates Nigeria Oil & Gas Opening Panel Session
Yesterday, our Oil & Gas, Mergers & Acquisitions, and Private Equity and Venture Capital teams partner, Folake Elias-Adebowale, moderated the opening panel on “Financing...
Read MoreState of Enterprise (SOE) 2024 Report
Udo Udoma & Belo-Osagie is pleased to have contributed to Enterprise NGR’s recently-launched State of Enterprise (SOE) 2024 Report. The Report provides a detailed...
Read MoreWho’s Who Legal (WWL) Energy 2024 Report
We are pleased to announce the ranking and inclusion of our senior partner, Dan Agbor, and partner, Folake Elias-Adebowale, in the Who’s Who Legal...
Read MoreNigeria Oil & Gas Outlook 2024
Join our Oil & Gas, M&A, and Private Equity & Venture Capital teams’ partner, Folake Elias-Adebowale, at Eventhive.ng’s upcoming Nigeria Oil & Gas Outlook...
Read MorePEVCA Legal and Regulatory Committee’s 2024 Mid-Year Review and Strategic Outlook
We are proud of the UUBO Private Equity & Venture Capital Team’s contributions to, and support of, the PEVCA Legal and Regulatory Committee’s 2024...
Read MoreData Privacy Newsletter: Issue 25
Our Telecommunications, Media, Technology, and Data Protection group partner, Jumoke Lambo, senior associate Babatunde Olayinka, senior associate Chisom Okolie, associate Opeyemi Adeshina, and associate...
Read MoreTitilola Olatunde-Fasogbon Delivers Presentation at the 6th African Labour Laws Society Conference
We are pleased to share that our Senior Associate, Titilola Olatunde-Fasogbon, delivered an insightful presentation on the topic “Fundamental Principles and Rights at Work...
Read MoreUUBO Launches Pro Bono Connect Initiative
On 7 August 2024, UUBO introduced its inaugural Pro Bono Connect event, marking a significant step in its commitment to social impact. This year’s...
Read MoreTitilola Olatunde-Fasogbon, Michael Ugah Contribute to Planning of 14th Annual One-Day Maritime Law Seminar
We are pleased to recognise the outstanding contributions of our senior associates, Titilola Olatunde-Fasogbon and Michael Ugah, to the maritime industry. As members of...
Read MoreUUBO Donates Food Boxes to Widows in Indigent Communities
World Widows’ Day 2024 held a special place in our hearts at Udo Udoma & Belo-Osagie (UUBO) as we stood in solidarity with vulnerable...
Read MoreUUBO Participate in18th Annual International Business Law Conference of the Nigerian Bar Association Section on Business Law (NBA SBL)
We at Udo Udoma & Belo-Osagie are delighted to have participated in the 18th Annual International Business Law Conference of the Nigerian Bar Association...
Read MoreNicholas Okafor and Adeola Sunmola Participate in Africa Energy Forum (AEF) 2024
Udo Udoma & Belo-Osagie (UUBO) is proud to recognise the participation of our highly regarded Power, Projects & Infrastructure, and Banking & Finance partners,...
Read MoreAdeola Sunmola Participates in 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM2024)
Last week, our partner in the Banking and Finance, Power, Projects, and Infrastructure teams, Adeola Sunmola, participated in the 31st African Export-Import Bank (Afreximbank)...
Read MoreUUBO Sponsors Women in the Profession (WIP) Breakfast Session
We at Udo Udoma & Belo-Osagie are delighted to have sponsored the Women in the Profession (WIP) breakfast session titled “Strategic Rainmaking: Empowering Women...
Read MoreHappy International Women’s Day!
Happy International Women’s Day! Today, as we celebrate the incredible achievements of women worldwide, let’s remember our shared commitment to inspire inclusion in every...
Read MoreHalima Adeola-Bello Becomes Supreme Court Barrister and Solicitor
We at Udo Udoma & Belo-Osagie celebrate with our trainee associate, Halima Adeola-Bello, BL. LLB. ACA. Ac.Arb. Adeola-Bello on becoming a Barrister and Solicitor...
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