Healthcare and Life Sciences in Africa: Current Trends, 2023
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 […]
PENCOM Issues Guidelines on Accessing Retirement Saving Account Balance Towards Payment of Equity Contribution for Residential Mortgage
On 23rd September 2022, the National Pension Commission (the “Commission”) released the Guidelines on Accessing Retirement Savings Account (“RSA”) Balance towards Payment of Equity Contribution for Residential Mortgage by RSA Holders (the “Guidelines”). The Guidelines permit RSA holders to utilise part of their retirement savings as equity contributions to secure a residential mortgage. The Guidelines […]
Client Update on the NAICOM Circular on the Tenure Limit for Executive Directors of Insurance and Reinsurance Companies
On 22nd November 2022, the National Insurance Commission (the “Commission”) released the Circular on the Tenure Limit for Executive Directors of Insurance and Reinsurance Companies (the “Circular”). The Circular was issued pursuant to the powers of the Commission under the National Insurance Commission Act 1997 and the Nigerian Code of Corporate Governance 2018. The Circular, […]
Client Update on the Nigeria Startup Act 2022
UUBO’s General Corporate Advisory team is pleased to have published a client update on the Nigeria Startup Act 2022. Contributors to the update include Ozofu ‘Latunde Ogiemudia, Kelechi Ibe, Aanu Odunaike, Ikechukwu Fijo and Dumebi Anike-Nweze. The update highlights new developments and critical regulatory provisions of the Act that will impact the start-up ecosystem in […]
The Release of Employees in the Oil & Gas Sector
Our Employment law team is pleased to have hosted a learning and engagement session on Tuesday, November 1, 2022, for our clients in the oil and gas sector titled “The Release of Employees in the Oil & Gas Sector: A review of the case of Shell Petroleum Development Company of Nigeria v. The Minister of […]
Thomson Reuters Practical Law Global Guide – Private Equity in Nigeria: Overview
UUBO’s Private Equity team’s Ozofu Olatunde Ogiemudia, Temiloluwa Olowu Okeowo and Aanu Odunaike have contributed to the latest Nigerian Chapter of the Thomson Reuters Practical Law Global Guide titled ‘Private Equity in Nigeria: Overview’, in which they discuss key practical issues in private equity transactions in Nigeria. Please click on the link to read the […]
Ozofu ‘Latunde Ogiemudia – IFLR1000
We are pleased to announce that our partner, Ozofu ‘Latunde Ogiemudia has been ranked as a ”Highly Regarded” lawyer by the IFLR1000 in the M&A and Private equity practice areas. For more information about Ozofu’s work and the areas of specialisation of our other highly regarded lawyers, please email uubo@uubo.org and visit www.uubo.org The rankings […]
IFLR 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 […]