ONYINYE OKAFOR
PARTNER
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Onyinye Okafor is a partner in the firm’s Banking & Finance and Corporate Advisory departments. Her specialisations include corporate and project finance, debt restructuring, structured finance, trade finance, fintech, debt capital markets, insolvency and corporate advisory. Onyinye regularly advises international banks such as Bank of America Merrill Lynch, Credit Suisse, JP Morgan, Standard Chartered Bank, etc on derivatives and structured finance transactions and was a key member of the team that reviewed the netting provisions of the Companies and Allied Matters Act 2020.
Onyinye is very familiar with finance and investment related documents including the LMA investment and leveraged finance documents, and she drafts, reviews and negotiates these documents on a regular basis together with drafting any related local law security documents (where required). She has been involved in the structuring and financing of various projects and advises international and local financial institutions on a day to day basis on issues concerning the creation and perfection of security and foreign exchange issues. She has advised on many DFI financing and has worked with several DFIs including IFC, FMO, Proparco, AFDD, AFC, IFAD etc.
She has also advised on and led many syndicated transactions in the corporate finance sphere including advising a group of Nigerian banks led by Citibank Nigeria Limited on a NGN200 billion medium term facility provided to MTN Nigeria Communications Limited; advising Ecobank Nigeria Limited and a club of Nigerian Banks in respect of a refinancing facility of billion provided to IHS Nigeria Limited. She also advised the Barak Fund SPC in relation to a trade finance facility to Global Foodpro Holdings Limited for the exportation of Cashew and ABSA in respect of a structured inventory finance facility to Valency International Trading PTE secured with relevant inventory in Nigeria. She has opined on many the enforceability of close-out netting provisions and contingent liabilities in structured finance transactions.
Onyinye is a member of the Sustainable Finance Sub-Committee of the Debt Capital Market Programme and a member of the Legal & Risk Management Thematic Area Meeting of the Financial Centre for Sustainability. She has written articles on cross-border finance and security including the IFLR Cross-Border Financing Report and Thomson Reuters Practical Law finance guide. Onyinye facilitates training sessions including the LMA documentation training session, in-house training sessions for clients on Credit and Security and Project Finance sessions for new lawyers within the Firm. Onyinye has been recognised for her work on the banking and finance space by both IFLR 1000 and Legal 500.
2018 | Partner |
2015 | Managing Associate, Udo Udoma & Belo-Osagie |
2010 | Senior Associate, Udo Udoma & Belo-Osagie |
2009 | Associate, Udo Udoma & Belo-Osagie, Lagos |
2008 | Visiting Associate, Denton Wilde Sapte LLP, London |
2008 | Intern, BaFin, Frankfurt Germany |
2005 | Associate, Udo Udoma & Belo-Osagie, Lagos |
2004 | Intern, Okocha & Okocha, Manuchim Chambers, Port Harcourt |
2003 | Intern, Sofunde, Osakwe, Ogundipe & Belgore, Lagos |
2015 | Middlesex University Post Graduate, Certificate in mechanics of Project Finance |
2008 | Goethe University Frankfurt, LL.M Finance |
2004 | Nigerian Law School Victoria Island Lagos, BL |
2002 | Nnamdi Azikiwe University Awka, LL.B. |
2004 | Nigeria |
Nigerian Bar Association
11th 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 the International Comparative Legal Guide – Lending & Secured Finance Laws and Regulations in Nigeria 2023. Join us in recognising the exceptional work of our team members: Onyinye Okafor (Partner), Chisom Okolie and Oluwatobi Akintayo (Associates). Their […]
Read MoreIFLR 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 […]
Read MoreUUBO Advises Geometric Power on the Construction and Development of Nigeria’s First Integrated Power Plant
As Vice President Kashim Shettima commissions the Geometric Power Plant for commercial operations today,...
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 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...
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 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...
Read MoreUUBO 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...
Read MoreUUBO Team Advised International Finance Corporation (“IFC”) on its Sustainable Loan of the Naira Equivalent Of $50 Million to the Lagos State Government
Lagos State is the chief commercial and financial center of Nigeria, however, the state’s...
Read MoreUUBO’s Energy and Projects Team has Advised Geometric Power Limited in Connection With (1) The Us$50 Million New Debt Funding
UUBO’s Energy and Projects team has advised Geometric Power Limited in connection with (1)...
Read MoreContact details
What the market says…
"Excellent problem-solving skills, good knowledge of the law and super responsive."
- IFLR1000
"Quick to understand the issues and good analysis to properly articulate the issues and proffer workable solutions."
- IFLR1000
"Deep knowledge of the sector."
- IFLR1000
"She provided good communication and relationship management."
- IFLR1000
"Great communication skills, awesome people skills, a good Listener and executer, she was helpful."
- IFLR1000
"Highly knowledgeable, pragmatic and delivery focused practitioner."
- IFLR1000
"She is accessible, has given us good legal advice and helped with a number of things outside of her field due to her wide network. Additionally, she managed her team well to deliver result."
- IFLR1000
"Quick response to issues and she provides innovative solutions."
- IFLR1000
"Excellent with feedbacks and follow ups, she has an in-depth knowledge of banking transactions."
- IFLR1000
"She is extremely accessible and available to discuss matters on an informal basis with me. She does this without any implicit or underlying pressure to bill me for her time. As a result, I am inclined to use her when I have billable work.
- IFLR1000
"She is honest in her approach to work and is not afraid to say when she does not know the answer, which is very refreshing."
- IFLR1000
I have found that on numerous occasions, "Onyinye has raised additional issues that I had not contemplated in my discussions with her due to her knowledge of both my business and the industry too, and that gives me the confidence that she has the best interest of my company at heart."
- IFLR1000