Udo Udoma & Belo-Osagie



Practice area

IFLR1000 Reviews

Financial and corporate

Udo Udoma & Belo-Osagie is a leading firm in the banking, capital markets and M&A practice areas. 

In banking recently the firm was busy working for borrowers and lenders on loan facilities, refinancing, project financing and credit facilities deals.

In capital markets, the firm advised issuers, lead managers and trustees on bond issues, a commercial paper issue, and a sukuk. It also worked issuers on rights issues.

In M&A the firm has experience representing joint venture partners in the transport and banking industries, and acquirers in the food, real estate, financial services and aviation sectors.

In projects the firm worked for developers in power, infrastructure and oil and gas projects. 

Recent Deal Data highlights

•Abia 500MW power plant 

•Ecobank $277 million bond programme

•Federal Republic of Nigeria $552 million sukuk

•Kellogg $420 million acquisition of 50% in Dufil Prima

•Lafarge $358 million rights issue

•Union Bank of Nigeria $200 million credit facility


Client feedback

"I have been very impressed by the firm's attention to detail, availability for meetings, conferences and consultations at short notices, despite the wide gap in the time zones of parties and advisers in the transaction. The firm has flexibility on hourly rates and billings and depth of experience in international financing of this nature." – Banking

"Proactive, competitive on fees, client focused, excellent service and advice." – Banking

"The firm is detailed and responsive in its approach in handling matters." - Banking

"The firm provides good consistent advice and can always be relied upon as one of the strong firms in Nigeria." – Banking

"The UUBO team are extremely collaborative and responsive. We had confidence that our Nigerian law needs were being looked after and addressed professionally and competently."- Banking

"They have a large team of knowledgeable lawyers and are cost effective." – Banking

"Proactive and engaging." - Capital markets: Debt

"Sound transaction. Supports the client and has knowledge of the law, gives timely responses and has availability." - Capital markets: Equity

"UUBO is one of the top legal firms in Nigeria and is noted for its expertise in capital markets and so since have been in this position, we have used the firm for every capital markets transactions and recently on a debt restructuring." - Capital markets: Equity

"The firm provides sound, practical advice and is solutions driven." - Capital markets: Derivatives

"I am very impressed by the law firm's work. Their recommendations are thorough and when legal advice is sought, it is received timely." - M&A

"Excellent. Deeply professional." - M&A

“They are responsive, hardworking, practical and they know their market." - M&A

"They were extremely professional, provided us with a comprehensive checklist of all the items to be addressed and closely updating as to their findings." - M&A

"Very efficient and hardworking, very thorough and professional." - M&A

"Very responsive. Detailed and considered legal advice. Has in-depth understanding of the Nigerian power sector and was able to leverage this in providing support on a due diligence process." - Project development

"The firm was very professional, timely, flexible and value adding. I enjoyed working with them." - Project finance

"The firm is very thorough and very technically competent in commercial transactions. Can increase its impact in litigation where they appear to be less active." - Restructuring and insolvency


Adeola Sunmola and Onyinye Okafor

"Great customer service, high level of commitment and dedication, very satisfactory output."

Ekundayo Onajobi

"Ekundayo has good relationship and management skills, he is driven and always ready to put in man hours to see a deal through."

Ekundayo Onajobi, Mary Ekemezie and Tolulope Osindero

"The lawyers are responsive and diligent in their approach to matters handled."

Folake Adebowale

"She is always responsive and solid."

"Thorough bred professional. Excellent."

Joseph Eimujeze

"He displayed an understanding of the banking sector and legal framework. He also paid attention to the mechanics and details of the respective transactions."

Lolade Osasemi and Mena Ajakpovia

"They struck me as extremely intelligent and immensely capable people. Their listening skills are unparalleled. An improvement on their response time will be greatly appreciated."

Nicholas Okafor

"Very technically competent, has a very deep and good knowledge of the industry. Highly responsive to our needs and willing to go the extra mile to meet our demands."

Onyinye Okafor

"Client centred, transparent on pricing and solution driven. A great lawyer."

Ozofu Ogiemudia

"She is a fantastic attorney with great intelligence. She is very knowledgeable about the subject matter and she is very accessible, always making time to speak to me and discuss our legal needs.  Finally, she goes above and beyond to make sure client feedback is properly implemented."

Yinka Edu

"Ability to guide and lead discussion that is beneficial to both clients (lenders and borrowers)."

"Astute and knowledgeable. Brings a deep depth of knowledge to support clients."

"Excellent.  Yinka is very supportive on transactions."

"Leading lawyer, trusted adviser, excellent service at all times."

"Strong understanding of financial markets and current trends in Nigeria, with practical advice on finding solutions."

"Very hard working and highly professional."

"Yinka is accessible, very experienced in the market, flexible on pricing and has eager to get the deal done. It would be great to be able to prise out more discount on fees but the firm is probably very competitive among peer firms of the same size and experience."

"Yinka (and her team) is very professional, competent and collaborative. I enjoy working with the team as communication is clear."