About

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.


Chambers Review

Provided by Chambers

Banking & Finance - Nigeria

1
Band 1

What the Team is Known For

Udo Udoma & Belo-Osagie is a highly respected law firm with wide-ranging expertise in the financial sector in Nigeria. Its lawyers are consistently engaged on high-value matters on behalf of domestic and international financial institutions and banks, with extensive experience acting for both borrowers and lenders on finance transactions.

Work Highlights

Provided by Udo Udoma & Belo-Osagie

  • Udo Udoma & Belo-Osagie advised British International Investment in relation to a USD26.5 million secured loan facility to AFEX Group.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Dan Agbor
S
Dan Agbor
S
Senior Statespeople
Senior partner Dan Agbor is a highly regarded lawyer with a wealth of banking and secured credit transactional experience. He is active on behalf of several clients within the energy sector in Nigeria.
Aniekan Ukpanah
E
Aniekan Ukpanah
Head of Banking & Finance
E
Eminent Practitioners

Firm managing partner Aniekan Ukpanah is experienced in 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.

Yinka Edu
1
Yinka Edu
1
Band 1

Yinka Edu is a highly regarded lawyer who represents numerous lenders in transactions. She advises on banking-related compliance issues as well as loan facility agreements.

Yinka Edu is the ultimate professional. She is knowledgeable and has all the necessary experience.

Regardless of the complexity of the transaction or situation, I find her solution-oriented approach very commendable.

Yinka Edu is great to work with. She always assists on issues requiring high-level input and advice.

She is a well-respected lawyer within the Nigerian market and continues to provide useful and thorough legal advice to our business.

Nicholas Okafor
3
Nicholas Okafor
3
Band 3
Nicholas Okafor has experience advising on the introduction and restructuring of loan facilities. He advises energy companies and financial institutions.

Nicholas Okafor is very sound and creative in finding solutions to problems.

Nicholas Okafor's expertise goes beyond legal to commercial and investment banking, which has been very useful in our deal negotiations.

Onyinye Okafor
3
Onyinye Okafor
3
Band 3

Onyinye Okafor is a Lagos-based lawyer who has significant cross-border financial services experience and is notably active advising institutional lenders, banks and energy companies.

Onyinye Okafor is knowledgeable, understands the issues, provides creative solutions, and is responsive and always available.

She understands our objectives and accommodates our requests. She represents our interests well and she is available, accessible and prompt.

Onyinye Okafor is very knowledgeable, strategic, commercial and absolutely dependable. She is very thorough, intelligent and responsive.

Onyinye has shown a remarkable ability to align legal strategies with our business objectives, ensuring that the advice provided is not only legally sound but also commercially astute.

4
Adeola Sunmola
4
Band 4
Adeola Sunmola is an experienced practitioner in loan issuances and project financings. She notably works with international and domestic banks, financial institutions and energy companies.

She has very good insight and knowledge of the market. Her input is very helpful and excellent.

Adeola Sunmola leads a team that is proactive in its approach, identifying and addressing issues before they escalate.

Adeola Sunmola is approachable and strong technically. She also has expansive knowledge of the market. She understands issues quickly and offers practical solutions.

She brings exceptional leadership and expertise in Nigerian law, particularly in handling complex cross-border issues.

4
Joseph Eimunjeze
4
Band 4
Joseph Eimunjeze has a wealth of experience in the banking and finance space. He primarily advises international and domestic lenders on debt and project financings.

Joseph Eimunjeze is very knowledgeable in banking and financial regulations. He is always proactive and leads his team well.

Joseph is very experienced, always willing to help, and brings in additional resources when necessary. He understands the end goal and our expectations.

He displays excellent leadership and sound knowledge in all engagements with our organisation.

Chisom Okolie
Associates to watch

Chisom Okolie supports clients on the day-to-day management of complex and sophisticated corporate and project finance transactions across multiple sectors.

I have worked with Chisom over the years and can attest to her sharp attention to detail, negotiation prowess and responsiveness.

Chisom is the senior associate we work with on a day-to-day basis. She is very responsive and thorough.

Chisom Okolie demonstrates a strong analytical approach and meticulous attention to detail.

Chisom was outstanding, strong and proactive on the deal.

Ranked Lawyers at
Udo Udoma & Belo-Osagie

Provided by Chambers
Filter by
Band

Nigeria

Banking & Finance

Dan Agbor
S
Dan Agbor
S
Senior Statespeople
Aniekan Ukpanah
E
Aniekan Ukpanah
Head of Banking & Finance
E
Eminent Practitioners
Yinka Edu
1
Yinka Edu
1
Band 1
Nicholas Okafor
3
Nicholas Okafor
3
Band 3
Onyinye Okafor
3
Onyinye Okafor
3
Band 3
4
Adeola Sunmola
4
Band 4
4
Joseph Eimunjeze
4
Band 4
Chisom Okolie
Associates to watch

Members

Provided by Udo Udoma & Belo-Osagie

Adeola Sunmola

Aniekan Ukpanah

Aniekan Ukpanah

Head of Department

Chisom Okolie

Ekundayo Onajobi

Godson Iwuozo

Joseph Eimunjeze

Onyinye Okafor

Victor Samuel

Clients

Provided by Udo Udoma & Belo-Osagie

Actis

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

Industries

Provided by Udo Udoma & Belo-Osagie

Banks

Charities / Not for Profit

Chemicals

Construction & Materials

Consumer Product Manufacturing

Energy (Oil and Gas and Power)

Financial Services

Government

Health Care

Infrastructure

Insurance

Private Clients / Individuals

Real Estate Finance

Retail

Telecommunications