Clarifying Regulatory Authority: Federal High Court Affirms FCCPC’s Oversight in Competition Matters
On February 7, 2025, the Federal High Court in Lagos delivered a landmark judgment in the case of Emeka Nnubia v. Honourable Minister of Industry, Trade and Investment, Federal Competition and Consumer Protection Commission (FCCPC), and MTN Communications Nigeria PLC (Suit No: FHC/L/CS/1009/2024). This ruling affirmed the FCCPC’s regulatory authority over competition and consumer protection […]
UUBO Advises on Proposed Sale of Controlling Interest in Baobab Group to Beltone Financial Holding
Strategic cross-border deals like this are unlocking unprecedented opportunities for the future of African financial inclusion, and UUBO is honoured to support the shaping of that transformation. Udo Udoma & Belo-Osagie is advising on the Nigerian aspects of a proposed sale of a controlling interest in the Baobab Group SA (BG) to Beltone Financial Holding […]
UUBO 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 water business in Nigeria. Udo Udoma & Belo-Osagie is pleased to have advised on the Nigerian elements of this landmark transaction. The deal positions Seplat Energy, dual listed on both the […]
Udo 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 Fosroc for a sum of $1.025 billion. The transaction remains subject to customary conditions including regulatory approvals and is expected to occur in the first-half of 2025. Fosroc has an extensive […]
UUBO 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 subcategory under the Advisors Category. Established in 2012, the PEA Awards spotlights the brightest stars in African private equity, and we are excited to be recognised alongside other industry leaders. These […]
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. […]
UUBO 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 & Belo-Osagie’s Private Equity & Venture Capital and Mergers & Acquisition teams, is live! Through a series of engaging interviews with leading legal practitioners in key jurisdictions, Lexology Panoramic Next: Private […]
Enhancing 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 oil and gas sector. Offering a consistent, transparent, and cost-effective alternative to litigation, the ADRC addresses key challenges in dispute resolution. This initiative aligns with global best practices and supports Nigeria’s […]
Join 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 ‘Managing Expatriate Immigration: Key Compliance Strategies for Employers in the Nigerian Oil and Gas Sector,’ our speakers will discuss the current immigration regulations affecting the sector, best practices for managing expatriate […]
Folake 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 Nigeria’s Energy Future” at Event-Hive’s Nigerian Oil & Gas (NOG) Outlook 2024 Conference. Elo Adhekpukoli, Godson Iwuozo, Noble Chinwendu, Ifunanya Chinwuba and Titilola Odi of our Oil & Gas, Projects and […]