Banking & Finance
Global Guide 2024 : Nigeria
Band 1
Email address
[email protected]Contact number
+234 9060003561-2About
Provided by Banwo & Ighodalo
The Banking and Finance practice group (the “Team”) of Banwo & Ighodalo (the “Firm”) has extensive expertise in debt and project financing transactions. The Team advises government agencies, development finance institutions, major investment and commercial banks, and international and domestic borrowers and lenders in transactions involving secured, unsecured, multi-currency and bilateral and syndicated lending arrangements. The Team provides bespoke legal services on various products offered by financial institutions including:
- Debt restructuring
- Infrastructure and project finance
- Acquisition finance
- Trade finance
- Structured finance and securitisation
- Aircraft, shipping, and vessel leasing and financing
- Real estate financing
- Finance leases/Asset financing
- Leveraged financing
The innovative and award-winning structuring solutions proffered by the Team have led the Firm to advise on complex, pioneer restructuring transactions in the international market involving debt-to-equity swaps, derivatives, Islamic finance, and fintech.
The Team routinely advises on compliance with banking and regulatory legislation, and most recently, our attorneys were tapped by the federal government between 2019 and 2020 to provide guidance on the repeal and amendment to the Companies and Allied Matters Act – one of the premier regulations governing financial transactions in Nigeria.
Chambers Review
Banwo & Ighodalo operates a highly regarded banking group that possesses considerable expertise in loan transactions. The firm is well known for advising a number of major commercial banks and domestic financial institutions, as well as working with multinational companies investing in Nigeria. It possesses extensive experience structuring financial transactions and advising on regulatory matters, and is increasingly involved in transactions and financings involving the oil and gas and real estate sectors.
Work Highlights
- Banwo & Ighodalo acted for Access Bank, as Nigerian counsel on a USD280 million debt finance loan by the US International Development Finance Corporation, as well as a USD20 million loan from Citibank.
Strengths
Provided by Chambers
"Banwo & Ighodalo is highly competent and consistently demonstrates why it is one of Nigeria's leading law firms. Its expertise in financing is second to none in the Nigerian market."
"The team demonstrates a strong ability to handle complex matters."
"The firm's service levels and responsiveness are exceptional."
"Banwo & Ighodalo is highly competent and consistently demonstrates why it is one of Nigeria's leading law firms. Its expertise in financing is second to none in the Nigerian market."
"The team demonstrates a strong ability to handle complex matters."
"The firm's service levels and responsiveness are exceptional."
Notable Practitioners
Asue Ighodalo is an esteemed banking lawyer, lauded highly by market commentators. His work includes project finance and various high-value facilities matters.
Ayotunde Owoigbe has experience advising on bank mergers and various loan syndication matters. She is an established lawyer in the Nigerian market and heads the firm's corporate finance group.
Seyi Bella is developing a strong reputation as a practitioner advising major banks, corporations and financial institutions both in Nigeria and further afield. She has experience with secured lendings, project finance and refinancing mandates.
"Seyi Bella is an exceptional lawyer who knows her craft and is very committed to client satisfaction."
"She is extremely brilliant."
Ranked Lawyers at
Banwo & Ighodalo
Nigeria
Members
Provided by Banwo & Ighodalo
Basirat Raheem
Boluwatife Anjola
Daniel Olika
Ibrahim Hassan
Isa Alade
Mayowa Olagbaiye
Oluwatobi Pearce
Seyi Bella
Clients
Provided by Banwo & Ighodalo
ABSA Group Limited
ACTIS
African Development Bank
African Export-Import Bank
African Finance Corporation
AppZone Group
Avanti Communications Group Plc
BNP Paribas (Suisse) SA
Chevron Nigeria Limited
Custodian Investments Plc
Dangote Group
Deutsche Bank AG
Ecobank Development Company Limited
Ecobank Nigeria Limited
Emerging Markets Telecommunications Services Limited
FBNQuest Merchant Bank Limited
Goldman Sachs
Green Africa Airways Limited
Growthpoint Investec African Properties Limited
MainOne Cable Company Limited
Mauritian Commercial Bank Limited
Moove Africa
Natixis Bank
Niger Delta Petroleum Resources Limited
Nigerian Breweries PLC
Nigerian Bulk Electricity Trading PLC
Nigerian Gas Company
Nigerian National Petroleum Corporation
Oando Plc
Oceanwinds Hospitality Limited
Overseas Private Investment Corporation
Petrobras Oil & Gas B.V.
Rand Merchant Bank Limited
Shoreline Natural Resources Limited
Stanbic IBTC Bank PLC
Standard Bank of South Africa
Standard Chartered PLC
Trafigura Ventures V.B.V
United States International Development Finance Corporation
Industries
Provided by Banwo & Ighodalo
Banking
Commercial & Professional Services
Construction & Materials
Energy & Natural Resources
Financial Services
Fintech
Food & Beverage
Government
Hospitality
Private Clients / Individuals
Real Estate
Telecommunications
Transportation (Aviation and Shipping)