ITORO ETIM
Associate
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Itoro Etim is an associate and a member of the firm’s corporate and commercial team. Since joining the firm, he has been involved in a wide range of matters, including banking & finance, mergers & acquisition, private equity, fintech, data protection, and general corporate advisory matters.
2021 | Associate, Udo Udoma & Belo-Osagie |
2020 | Trainee Associate, Streamsowers & Kohn |
2017 | Intern, Attorney General’s Chambers, State Ministry of Justice, Akwa Ibom |
2019 | Nigerian Law School, BL |
2018 | University of Benin, LL.B |
2019 | Nigeria |
Nigerian Bar Association |
Chartered Institute of Arbitrators (United Kingdom) |
Recent 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 the Interbank Foreign Exchange Market” (the “EFEMS Circular”) to introduce the Electronic Foreign Exchange Matching System (the “EFEMS”) – an electronic matching system for foreign exchange (“FX”) transactions. The EFEMS is […]
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 to promote transparency and the efficient functioning of the FX Market. In this regard, the CBN released two circulars on 2 October 2024, announcing policy changes aimed at strengthening and providing […]
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 Eimunjeze, Itoro Uwemedimo Etim, and Joseph Olaogun of our Banking and Finance team explore securitisation, the opportunities it presents, the challenges facing its development in Nigeria, and the Nigerian legal and […]
Read MoreSettlement 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 in relation to the settlement of intra-African trade transactions in goods. The objectives of the Pan-African Payments and Settlement System (the “PAPSS”) include facilitating the implementation of the African Continental Free […]
Read MoreChambers Fintech Global Practice Guide
Key trends and developments in the Fintech Sector have been identified and analysed by the UUBO Fintech team in an article published in the latest edition of the Chambers Fintech Global Practice Guide. The publication is a great resource for practitioners and investors in the ecosystem and highlights recent regulatory developments – including regulatory sandboxes, as […]
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...
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...
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...
Read MoreUUBO’s Capital Markets team acts as Joint Legal Counsel to MTN Nigeria Communications PLC in connection with the establishment of its N150,000,000,000 Commercial Paper Issuance Programme and its Series 1 and 2 issuances
The UUBO Capital Markets team is pleased to have acted as Joint Legal Counsel...
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