In 2025, Nigeria’s banking and financial services sector underwent transformative changes, marked by far-reaching regulatory reforms, banking recapitalisation, foreign exchange market recalibration, and significant developments across payments,
The UUBO Banking and Finance team is pleased to have acted as Nigerian counsel to the lenders, including Rand Merchant Bank and The Standard Bank
Nigeria’s economic growth and rapid population increase have heightened environmental sustainability concerns, particularly the rise in greenhouse gas (“GHG”) emissions. In response, green finance has
The Secured Transactions in Movable Assets Act 2017 (“STMA”) introduced a modern framework for the creation, registration and enforcement of security interests over movable assets
We are pleased to announce our contribution to the latest publication of “Lending and Taking Security in Nigeria: Overview” published by Thomson Reuters Practical Law. Udo Udoma
Our Banking & Finance, Capital Markets, and Fintech teams partner, Yinka Edu, was recently featured in the International Financial Law Review (IFLR) ‘Five Minutes With’
We are pleased to have contributed to Enterprise NGR’s State of Enterprise (SOE) 2025 Report, launched earlier this month. Our team worked on the Professional
The Central Bank of Nigeria (“CBN”) recently issued a letter to all Nigerian banks announcing a temporary suspension of dividend payments, payment of bonuses to
Remittances from Nigerians in the diaspora have become a critical driver of Nigeria’s foreign exchange earnings and Gross Domestic Product. As such, they play a
In November 2024, the Central Bank of Nigeria (CBN) issued the Revised Guidelines for the Nigerian Foreign Exchange Market (NFEM). This change allowed Bureaux de