Articles, Events and Announcements

The Value Added Tax Quandary: Which Way to Go

September 14, 2022

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ICE September Series – Navigating Cross-border Anti-bribery and Corruption Landmines: Subsidiary, Board and Employee Misconduct

September 3, 2022

Register at http://bit.ly/ICESeptemberSeries to join Udo Udoma & Belo-Osagie’s expert panel as they share their rich experience, diverse cross-border perspectives and best practice #ICETips on ‘Navigating...

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UUBO advises the International Finance Corporation (IFC) in connection with a working capital solutions unsecured loan of up to Us$250 million To Zenith Bank PLC

August 3, 2022

The UUBO Banking and Finance team is pleased to have acted as Nigerian Counsel to the International Finance Corporation (IFC), a member of the...

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Jumoke Lambo sworn in as a Notary Public

July 25, 2022

UUBO celebrates yet another amazing feat by our Partner – Jumoke Lambo, who was sworn in as a Notary Public of Nigeria at a ceremony...

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Capital Market, Startup Financing and Syndicate Funding: Ability of Small and Medium-sized Enterprises to Access the Capital Market

July 25, 2022

Udo Udoma & Belo-Osagie is proud to be a Platinum Sponsor of the 2022 Annual Business Luncheon of the Capital Market Solicitors Association. The theme...

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UUBO – Headline Sponsor of the upcoming NBA-SBL Conference

July 23, 2022

Udo Udoma & Belo-Osagie (UUBO) is proud to be a Headline Sponsor of the upcoming NBA-SBL Conference. Themed ‘Recent Developments in the Business Law...

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16th Annual NBA-SBL Conference – Amina Ibrahim

July 23, 2022

UUBO is pleased to announce that Amina Ibrahim (our Head of Abuja Office and Managing Associate), participated in a panel discussion titled “CAMA 2020:...

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16th Annual NBA-SBL Conference – Lolade Ososami

July 23, 2022

It is Day 2 of the 16th Annual Business Law Conference of the NBA SBL, themed ‘Recent Developments in the Business Law Environment’. UUBO’s...

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Amina Ibrahim speaks at the 16th Annual NBA-SBL Conference

July 22, 2022

UUBO is pleased to announce that Amina Ibrahim (our Head of Abuja Office and Managing Associate), participated in a panel discussion titled “CAMA 2020:...

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NBA-SBL Conference – Recent Developments in the Business Law Environment

July 19, 2022

Udo Udoma & Belo-Osagie (UUBO) is proud to be a Headline Sponsor of the upcoming NBA-SBL Conference. Themed ‘Recent Developments in the Business Law Environment,’...

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The Middle Eastern and African Arbitration Review (GAR)

July 14, 2022

Uzoma Azikiwe, SAN (Partner), Festus Onyia (Partner), and Michael Ugah (Associate) of the firm’s dispute resolution team, have contributed the Nigerian chapter to the...

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Nigerian chapter of the 9th Edition of GLG Group UK’s International Comparative Legal Guide – Data Protection 2022

July 13, 2022

Jumoke Lambo and Chisom Okolie of our Telecommunications, Media And Technology Team have contributed to the latest Nigerian chapter of the 9th Edition of GLG Group UK’s...

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Eid el Kabir greetings

July 9, 2022

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UUBO’s Capital Market team ranked Tier 1 by Euromoney’s IFLR1000 in its 32nd edition

July 8, 2022

Udo Udoma & Belo-Osagie is proud to have its Capital Markets; Debt and Equity practice groups ranked Tier 1 by Euromoney’s IFLR1000 in the...

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Udo Udoma & Belo-Osagie shortlisted in 4 categories in the African Legal Awards 2022

July 7, 2022

Udo Udoma & Belo-Osagie is delighted to have been shortlisted in 4 categories in the African Legal Awards 2022. The awards ceremony recognises outstanding...

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UUBO’s Banking team ranked Tier 1 by Euromoney’s IFLR1000 in its 32nd edition

July 7, 2022

Udo Udoma & Belo-Osagie is proud to have its Banking practice ranked Tier 1 by Euromoney’s IFLR1000 in the 32nd edition of its ranking....

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UUBO advised British International Investment plc on its USD100 million credit facility to First Bank of Nigeria Limited

July 7, 2022

Udo Udoma & Belo-Osagie is delighted to have advised and supported British International Investment plc (formerly CDC Group plc) – the UK Government’s development...

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Fintech update: series 5 – sec new rules on the issuance, offering platforms and custody of digital assets – what you need to know

July 4, 2022

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UUBO wins Lex Mundi Pro Bono Award for Africa

June 30, 2022

Today is a perfect day to do a throwback to when the world’s leading network of independent law firms with in-depth experience in 100+...

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Optimising Exit Opportunities and Options for VC And PE Firms

June 29, 2022

Our Private Equity and Venture Capital team is pleased to have co-hosted a learning and engagement session with the African Private Equity and Venture...

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Uubo – Announcement (Iflr1000 Women Leaders) (1)

June 29, 2022

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Modupe Balogun and Etido David speak at the Founders Factory Africa’s #BehindTheHypeAfrica Twitter Space Series

June 28, 2022

UUBO is pleased to announce that Modupe Elizabeth Balogun (an Associate in the firm’s Banking & Finance and Capital Markets teams) and Etido David...

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Overview of the SEC Rules on Issuance, Offering Platforms & Custody of Digital Assets

June 27, 2022

UUBO’s Fintech Team is pleased to have hosted an engaging networking session, themed ‘Overview of the SEC Rules on Issuance, Offering Platforms & Custody...

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Highlights of Regulatory Changes in the Fintech Space in 2021

June 24, 2022

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Overview Of the SEC Rules on Issuance, Offering Platforms & Custody Of Digital Assets

June 23, 2022

UUBO’s Fintech Team is pleased to have hosted an engaging networking session, themed ‘Overview of the SEC Rules on Issuance, Offering Platforms & Custody...

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The Companies and Allied Matters Act 2020

June 23, 2022

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Innovations in corporate insolvency in Nigeria under the Companies and Allied Matters Act, 2020 –Insolvency Practitioners

June 23, 2022

 

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Public-Private Dialogue (“PPD”) On Franchising In Nigeria

June 23, 2022

Our Corporate Advisory, M&A, Private Equity and Pro Bono teams partner, Ozofu Olatunde Ogiemudia, who is the Thematic Lead for the Regulations Working Group of...

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Fintech update: series 4 – sec new rules on the issuance, offering platforms and custody of digital assets – what you need to know

June 22, 2022

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UUBO’s Adeola Sunmola attends the Africa Energy Forum 2022

June 21, 2022

UUBO’s Adeola Sunmola (a Partner in the firm’s Banking & Finance, Power, Projects and Infrastructure teams) is attending The Africa Energy Forum 2022. The...

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The Federal Competition And Consumer Protection Commission Launches Its Merger Notification Portal

June 20, 2022

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Debt Factoring in Nigeria: Structuring, Legal and Regulatory Framework, and Key Considerations

June 15, 2022

The increasing globalisation of the world’s economy and the demand and supply of capital have impacted how businesses operate in today’s market to leverage...

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Fintech update: series 3 – sec new rules on the issuance, offering platforms and custody of digital assets – what you need to know

June 15, 2022

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Debt Factoring in Nigeria: Structuring, Legal and Regulatory Framework, and Key Considerations

June 15, 2022

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Udo Udoma & Belo-Osagie facilitates a learning, engagement and networking session

June 3, 2022

Udo Udoma & Belo-Osagie is pleased to have facilitated a learning, engagement and networking session with open and interactive discussions at a recent business...

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Tax disputes in Nigeria: the tax appeal tribunal rules that the federal inland revenue service must always prove why the payment of security deposit is required from a taxpayer.

June 3, 2022

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Tax Update: Withholding Tax Rates on Dividend, Interest and Royalty

May 31, 2022

In 1999 the Federal Government of Nigeria (“FGN”), in its budget statement, indicated that a recipient of interest, dividend and royalty income who is...

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Withholding Tax Rates on Dividend, Interest and Royalty Payment to Residents of Nigeria Treaty Partners

May 31, 2022

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Fintech update: series 1 – sec new rules on the issuance, offering platforms and custody of digital assets – what you need to know

May 27, 2022

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Olubukola Olonoade-Agaga speaks on Corporate Governance & The Dynamics of Regulatory Compliance

May 26, 2022

Olubukola Olonoade-Agaga, a Managing Associate in Alsec Nominees Limited (UUBO’s company secretarial arm) will be a facilitator at the one-day intensive programme on “Corporate...

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UUBO Advises LeapFrog on investment in Interswitch

May 17, 2022

Udo Udoma & Belo-Osagie is pleased to have advised LeapFrog Investments on its strategic investment, with Tana Africa Capital, in Interswitch Group, one of Africa’s leading technology-driven companies focused...

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UUBO Advices On Nigerian elements Of General Atlantic’s Beyondnetzero-Led $260m Series D Funding Of Sun King

May 13, 2022

Udo Udoma & Belo-Osagie is pleased to have advised on the Nigerian elements of global growth equity investment firm, General Atlantic’s BeyondNetZero-led Series D...

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Uubo Advises on Nigerian Elements of General Atlantic’s Beyondnetzero-led $260m Series D Funding of Sun King

May 13, 2022

Udo Udoma & Belo-Osagie is pleased to have advised on the Nigerian elements of global growth equity investment firm, General Atlantic’s BeyondNetZero-led Series D...

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UUBO’s Capital Markets team acts as Joint Legal Counsel to MTN Nigeria Communications PLC in connection with the establishment of its N150,000,000,000 Commercial Paper Issuance Programme and its Series 1 and 2 issuances

May 10, 2022

The UUBO Capital Markets team is pleased to have acted as Joint Legal Counsel to MTN Nigeria Communications PLC (“MTN”) in connection with the establishment of...

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UUBO Team Advised International Finance Corporation (“IFC”) on its Sustainable Loan of the Naira Equivalent Of $50 Million to the Lagos State Government

May 10, 2022

Lagos State is the chief commercial and financial center of Nigeria, however, the state’s productivity is threatened by an inadequate transportation system to cater...

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UUBO Teams Advise on Consolidation and Listing of BUA Foods Plc

May 10, 2022

Udo Udoma & Belo-Osagie’s Capital Markets team and its Mergers & Acquisitions team have advised on the consolidation of the BUA Group’s sugar, flour,...

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Legal 500 EMEA 2022 Rankings

May 10, 2022

We are pleased to announce that The Legal 500, in its 2022 rankings publication, has rated Udo Udoma & Belo-Osagie as a Tier 1 firm in...

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Bowmans (Law Firm) Webinar On Emerging Employment Law Issues In Key African Jurisdictions

May 5, 2022

Our Employment Team’s partner, Jumoke Lambo, will be a panelist at the Bowmans (Law Firm) webinar on Emerging employment law issues in key African jurisdictions, taking...

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A Party Seeking To Enforce An Arbitral Award In Nigeria Does Not Need To Comply With The Pre-Action Protocol Required Under The High Court Of Lagos State

May 5, 2022

UUBO’s Dispute Resolution team is pleased to share its most recent publication authored by Uzoma Azikiwe, SAN (Partner), Festus Onyia FCIArb, UK (Partner) and Michael Ugah (Associate), which discusses...

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Nomination: 2022 Trustlaw Awards

May 5, 2022

Udo Udoma & Belo-Osagie is honoured to have been nominated for the Trustlaw Collaboration Award, one of the awards to be presented at the 2022 Trustlaw Awards organised by...

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Appointment of our Managing Partner, Aniekan Ukpanah, to the board of directors of Lex Mundi.

May 4, 2022

Udo Udoma & Belo-Osagie is proud to announce the appointment of our Managing Partner, Aniekan Ukpanah, to the board of directors of Lex Mundi. Lex Mundi is the world’s...

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Eid Mubarak

May 2, 2022

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Women’s Excellence in Law and Leadership (WELL) Speaker Series

April 27, 2022

UUBO is pleased to announce that our Corporate Advisory, Private Equity, Pro Bono and Employment teams’ partner, Ozofu Olatunde Ogiemudia will be a facilitator...

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18TH Annual AVCA Conference- Ozofu ‘Latunde Ogiemudia

April 26, 2022

UUBO’s Ozofu Olatunde Ogiemudia (Partner, Private Equity, Corporate Advisory/M&A, and Pro Bono teams) will be co-facilitating a session at the Legal Agreements Masterclass hosted by the African...

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Folake Elias-Adebowale moderates a session at the VC summit hosted by the African Private Equity and Venture Capital Association (AVCA) as part of the 18th Annual AVCA Conference

April 26, 2022

UUBO’s Folake Elias-Adebowale (Partner, Private Equity, Corporate M&A, and Oil and Gas teams) will be moderating a session at the VC summit hosted by the African Private...

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African Private Equity And Venture Capital Association (Avca) Activity Report 2022

April 26, 2022

Members of Udo Udoma & Belo-Osagie’s Private Equity and Venture Capital and Tax teams, Folake Elias-Adebowale, Temiloluwa Olowu, Kelechi Ibe and Aanu Odunaike, have contributed the “Spotlight on West Africa” segment...

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Chambers Global 2022: Energy and Projects Overview

April 21, 2022

UUBO is pleased to have been featured in Chambers Global 2022: Energy and Projects Overview. The publication is a resource for practitioners and investors...

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Chambers Fintech Global Practice Guide

April 19, 2022

Key trends and developments in the Fintech Sector have been identified and analysed by the UUBO Fintech team in an article published in the...

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UUBO Team Advised as Solicitor to the Trustee in Connection With Presco Plc 34.5 Billion Series 1 Bond Issuance

April 19, 2022

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Good Friday and Easter Greetings

April 15, 2022

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IFLR1000 Women Leaders 2022

April 5, 2022

We are honoured by the recognition that has been accorded to various female members of Udo Udoma & Belo-Osagie by the IFLR1000 in its...

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Impact of the Nigeria Data Protection Regulations (NDPR) Implementation Framework 2020 on the existing provisions of the NDPR

March 29, 2022

Data protection compliance has become an integral part of every organisation that collects and processes personal data. In order to strengthen consumer confidence, organisations are required...

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Bowmans Report: M&A in Africa. Current Trends, 2022

March 23, 2022

We are pleased to have contributed on Nigerian developments to the Bowmans (Law Firm)’s Report on Current Trends in M&A in Key African Jurisdictions, which...

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NBA Lagos Law Week conference themed “Democracy and Legal Order: Shaping the Future”.

March 21, 2022

UUBO’s Lolade Ososami (a partner in the firm’s Tax, Compliance & Investigations, Mining and Oil & Gas teams) will be a panelist at the NBA Lagos...

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ELA – Africa/Middle East Year In Review Webinar Series

March 21, 2022

UUBO, the Nigerian member firm of the Employment Law Alliance (ELA), is pleased to announce that Victoria Agomuo (Associate) will be participating in the ELA – Africa/Middle...

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Chambers and Partners Global Guide 2022 – Mena Ajakpovi

February 25, 2022

We are pleased to announce that our Disputes, Intellectual Property and Entertainment teams’ partner, Mena Ajakpovi has been ranked in the Chambers and Partners Global Guide, and is...

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UUBO Advises Seplat Energy Plc on its Acquisition of Exxon Mobil’s Offshore Shallow Water Business in Nigeria

February 25, 2022

We are delighted to have advised Seplat Energy Plc on this landmark transaction. The transaction was led by partners Folake Elias-Adebowale, Yinka Edu, Adeola...

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Chambers and Partners Global Guide 2022 – Aniekan Ukpanah

February 25, 2022

We are pleased that Aniekan Ukpanah, our Managing Partner, continues to be ranked as the ‘Eminent Practitioner’ for Banking & Finance in the Nigerian legal...

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Uubo Advises Seplat Energy Plc on Its Acquistion of Exxon Mobil’s Offshore Shallow Water Business in Nigeria

February 25, 2022

We are delighted to have advised Seplat Energy Plc on this landmark transaction. The transaction was led by partners Folake Elias-Adebowale, Yinka Edu, Adeola Sunmola and Festus Onyia working with a multi-disciplinary...

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Chambers and Partners Global Guide 2022

February 25, 2022

Chambers and Partners Global Guide independently ranks the top law firms and departments in over 200 jurisdictions. We celebrate our Banking & Finance, Corporate Commercial...

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Chambers and Partners Global Guide 2022 – Dan Agbor

February 25, 2022

We are pleased that Udo Udoma & Belo-Osagie’s Senior Partner, Dan Agbor, continues to be recognised as a “trusted adviser” and to be highly ranked for...

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Chambers and Partners Global Guide 2022 – Folake Elias-Adebowale

February 25, 2022

We are pleased to announce that our Private Equity, M&A and Oil & Gas teams’ partner, Folake Elias-Adebowale, continues to be ranked in the Chambers and...

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Chambers and Partners Global Guide 2022 – Yinka Edu

February 25, 2022

We are pleased to announce that our Capital Markets, Banking & Finance, FinTech and M&A teams’ partner, Yinka Edu, continues to be highly ranked in...

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Chambers and Partners Global Guide 2022 – Festus Onyia

February 25, 2022

We are pleased to announce that our Dispute Resolution team partner, Festus Onyia has been ranked in the Chambers and Partners Global Guide, and is specifically recognised in...

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Chambers and Partners Global Guide 2022 – Onyinye Okafor

February 25, 2022

We are pleased to announce that our Banking & Finance, FinTech and Projects teams’ partner, Onyinye Okafor, has been ranked in Chambers and Partners Global Guide, and is...

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Tax Update: Income Tax on Profit From Bonds and Short-term Government Securities

February 24, 2022

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Income Tax on Profit From Bonds and Short-term Government Securities

February 24, 2022

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UUBO Team Advises Lead Investor on Flutterwave Series D Funding Round

February 21, 2022

We are pleased to have advised the lead investor, B Capital Global Growth Fund III, L.P on its participation in the US$250 million Series...

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UUBO’s Energy and Projects team have advised Geometric Power Limited in connection with (1) the US$50 million new debt funding

February 16, 2022

UUBO’s Energy and Projects team have advised Geometric Power Limited in connection with (1) the US$50 million new debt funding provided by African Export-Import Bank (Afreximbank), (2)...

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UUBO’S Energy and Projects Team has Advised Geometric Power Limited in Connection With (1) The Us$50 Million New Debt Funding

February 16, 2022

UUBO’s Energy and Projects team has advised Geometric Power Limited in connection with (1) the US$50 million new debt funding provided by African Export-Import...

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Lolade Ososami, Chairman of the Taxation Committee of the Nigerian Bar Association Section on Business Law (NBA SBL)

February 9, 2022

UUBO is proud to announce the appointment of our #tax team partner, Lolade Ososami, as Chairman of the Taxation Committee of the Nigerian Bar Association Section on Business...

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Kelechi Ibe, Assistant Secretary of the Taxation Committee of the Nigerian Bar Association Section on Business Law (NBA SBL)

February 9, 2022

UUBO is proud to announce the appointment of our associate, Kelechi Ibe, as Assistant Secretary of the Taxation Committee of the Nigerian Bar Association Section...

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How the Capital Market and the Real Estate Sectors Are Impacted

February 7, 2022

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Uubo Advised on MTN Nigeria’s Initial Public Offer – N478.2 Billion Equity Shelf Programme Establishment and Series 1 Offer

February 4, 2022

UUBO is pleased to have advised on the establishment of a =N=478.2 billion equity shelf programme and the Series 1 offer for sale of...

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UUBO Advised on MTN Nigeria’s Initial Public Offer – N478.2 Billion Equity Shelf Programme Establishment And Series 1 Offer

February 4, 2022

UUBO is pleased to have advised on the establishment of a =N=478.2 billion equity shelf programme and the Series 1 offer for sale of...

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2021 in Review Highlight of Regulatory Changes in the Fintech Space in 2021

February 3, 2022

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Expiration of the 10-year Tax Exemption for Corporate and Supranational Bonds and Government Debt Securities

January 26, 2022

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Examination of the Central Bank of Nigeria (“CBN”) Guidelines on the Operations of the Pan African Payments and Settlement System in Nigeria

January 21, 2022

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We congratulate Adeola Sunmola on her elevation to equity partnership

January 17, 2022

We congratulate Adeola Sunmola on her elevation to equity partnership. Adeola is a partner in the firms banking and finance, power, projects and infrastructure and...

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We congratulate Festus Onyia on his elevation to equity partnership.

January 17, 2022

We congratulate Festus Onyia on his elevation to equity partnership. Festus is a partner on the firm’s Disputes team. He specialises in civil, corporate and commercial...

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We congratulate Joseph Odianosen Eimunjeze on his elevation to equity partnership

January 17, 2022

We congratulate Joseph Odianosen Eimunjeze on his elevation to equity partnership. Joseph is a partner in the firm’s Banking & Finance and Corporate Advisory teams. His...

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Finance Act 2021 – Major Highlights

January 8, 2022

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UUBO Advises Lead Investor on Series A Investment Round in Bamboo Global Inc

January 4, 2022

We are pleased to have advised on the Nigerian elements of a recent Series A investment round in Bamboo Global Inc (Bamboo), the parent...

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The Federal Competition and Consumer Protection Commission Launches Its Merger Notification Portal

October 14, 2021

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Innovations in Corporate Insolvency in Nigeria Under the Companies and Allied Matters Act, 2020 – Insolvency Practitioners

September 24, 2021

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ICE September Series 2021 – Sarah Bishop

September 23, 2021

Join Sarah Bishop (Special Counsel, Covington & Burling LLP) and our distinguished faculty as they share their vibrant, diverse perspectives and insights on ”ESG for Business: Trends,...

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ICE September Series 2021 – Folake Elias-Adebowale

September 23, 2021

Join Folake Elias-Adebowale (Partner, Udo Udoma & Belo-Osagie) and our distinguished faculty as they share their vibrant, diverse perspectives and insights on ”ESG for Business: Trends, Challenges...

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ICE September Series 2021 – Nicole Martens

September 23, 2021

Join Nicole Martens (Director, Martens Impact Advisory) and our distinguished faculty as they share their vibrant, diverse perspectives and insights on ”ESG for Business: Trends, Challenges...

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CE September Series 2021 – Sam Eastwood

September 23, 2021

Join Sam Eastwood (Partner, Mayer Brown International LLP ) and our distinguished faculty as they share their vibrant, diverse perspectives and insights on ”ESG for Business: Trends, Challenges...

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ICE September Series 2021 – ‘Tokunboh Ishmael, CFA

September 23, 2021

Join ‘Tokunboh Ishmael, CFA (co-Founder and Managing Director, Alitheia Capital) and our distinguished faculty as they share their vibrant, diverse perspectives and insights on ”ESG for Business:...

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