Udo Udoma & Belo-Osagie

Banking & Finance

4 ranked lawyersBand 2NigeriaGlobal 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Highly reputed group with wide-ranging expertise in the financial sector. Consistently engaged in high-value matters on behalf of domestic and international financial institutions and banks, with extensive experience acting for lenders on transactions.


A source stated: "We value their knowledge and navigation of the regulatory requirements for financial services."

Interviewees identify the firm as one of "the key players in the banking and finance space in Nigeria."

Work highlights

Served as Nigerian counsel to CDC Group as lender with regard to USD75 million which the client proposed to provide to Stanbic IBTC.

Notable practitioners

Respected partner Aniekan Ukpanah advises on the financing of a wide range of projects and provides valued representation to lending syndicates. His experience in the banking and finance space is broad, encompassing sectors such as telecommunications and real estate.

Dan Agbor is described by interviewees as "a thoroughbred lawyer" with "deep industrial experience." He has a wealth of banking and secured credit transactional experience, and is active in the energy sector. Sources call him "a well-respected lawyer with many years in practice."

Nicholas Okafor has experience advising on the introduction and restructuring of loan facilities. Sources note his presence on high-value financings, and clients value that "he strongly pushes for his clients' views and positions on all issues."

Yinka Edu is a highly regarded practitioner who possesses experience representing numerous lenders in transactions. She advises on banking-related compliance issues, and her strength in banking and finance is complemented by capital markets expertise.

Department Information

This content is provided by Udo Udoma & Belo-Osagie.


Our banking and finance practice is a key area of specialisation for which the firm has consistently earned some of its highest and largest number of commendations from independent ranking publications. The team advises a plethora of clients, and on projects, ranging from the aviation, oil and gas, energy (including power), telecommunications and real estate sectors of the Nigerian economy. We have consistently been retained by leading Nigerian and international banks, private equity funds and other financial institutions, including development finance institutions, governmental, non-governmental and not-for-profit organisations across the globe, to advise on a variety of finance transactions. 

Lauded for its “intelligent approach”, the team is particularly known for its strength in acquisition finance, reserve based lending, project finance and syndicated lending and, also, advises routinely on corporate lending, secured and unsecured lending, asset-based lending, debt capital markets, real estate financings, project and structured finance, and global depository receipts, amongst others. Our expertise includes advising local and international clients on a wide range of cross border transactions, including those in the foregoing space, as well as on a breadth of other banking and finance issues namely: the establishment of a bank in Nigeria, setting up representative offices, regulatory capital, foreign exchange and compliance with regulations of the Central Bank of Nigeria.


Ukpanah, Aniekan (Head of Department)

Agbor, Dan

Edu, Yinka

Eimunjeze, Joseph

Okafor, Nicholas

Okafor, Onyinye

Onajobi, Ekundayo

Sunmola, Adeola



Africa Finance Corporation

Bank of America Merrill Lynch

Barclays Bank

Bettervest GMBH

Citibank N. A. London

Credit Suisse

DEG – Deutsche Investitions-und Entwicklungsgesellschaft mbH

Ecobank Nigeria Limited

FMO - Netherlands Development Finance Company

FSDH Merchant Bank

GZ Industries Limited

HSBC Bank - Hongkong and Shanghai Banking Corporation

International Finance Corporation

Lafarge Africa

Proparco – Societe de Promotion et de Participation Pour La

Rand Merchant Bank

Seven Energy International Limited

Standard Bank of South Africa

Standard Chartered Bank

Swiss Re

UACN Property Development Company PLC



Charities / Not for Profit


Construction & Materials

Consumer Product Manufacturing

Energy (Oil and Gas and Power)

Financial Services


Health Care



Private Clients / Individuals

Real Estate Finance



Banking & Finance Department

Udo Udoma & Belo-Osagie

Department location

St Nicholas House (10th and 13th Floors)

Catholic Mission Street




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Articles, Highlights and Press Releases

Total 1 Articles, Highlights and Press Releases

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.


Banking & Finance

Aniekan Ukpanah
Eminent Practitioners
Dan Agbor
Eminent Practitioners
Nicholas Okafor
Band 3
Yinka Edu
Band 2