The 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, the MSMD has now reduced the annual service fees for mineral title holders. At the time of the initial fee increase, the Minister explained that the increase was aimed to deter […]
UUBO’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 controlling equity stake in Swiss Pharma Nigeria Limited (SwiPha). Micro Labs, a fully integrated pharmaceutical company, manufactures and markets branded generic formulations globally, with a strong presence in over 50 countries. […]
IBA 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 special project, Fintech: How is the World Shaping the Financial Innovation Industry? (2024), conducted by the IBA Banking & Finance Law Committee. Our contribution, featured on pages 34 to 42, provides an […]
Fintech H1 2024 Review and Outlook for H2 2024
Regulatory Update: NIBSS Directive to Disconnect Switches, Payment Solution Service Providers, and Super Agents from NIBSS Instant Payment (NIP) Outwards System
Client Update – The Business Facilitation Act and its implications for certain corporate matters under the Companies and Allied Matters Act 2020
CLIENT UPDATE – PERSONS WITH SIGNIFICANT CONTROL REGULATIONS 2022
Client Update on Prudential Guidelines for Insurance Institutions 2022
Deal 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 InstaDeep Ltd, a company which provides and develops AI decision making solutions. UUBO conducted legal due diligence on InstaDeep Ltd Nigeria and advised on the Nigerian-law-related issues in the transaction. This […]
UUBO Advises Lead Investor on Series A Investment Round in Bamboo Global Inc
We are pleased to have advised on the Nigerian elements of a recent Series A investment round in Bamboo Global Inc (Bamboo), the parent company of Bamboo Systems Technology Limited. Greycroft VC and Tiger Global LL.C co-led the financing round in the online investment business with participation from Motley Fool Ventures, Chrysalis Capital and key […]