+234 806 118 5105

Highly regarded


Bar admissions:




Practice areas:

Capital markets
Energy and infrastructure
Project finance

Industry sectors:

Industrials and manufacturing
Oil and gas
Social infrastructure

Reginald is a member of the Firm’s Corporate and Commercial Law unit. He focuses on finance, energy and infrastructure and has advised sponsors, lenders, issuers, underwriters and borrowers in a number of international financing transactions involving LNG plants, avaiation, telecommunications infrastructure, cement plants, and a steel mill.

  • Advised on the acquisition of Oando Plc’s bridge finance and medium term loan facility agreement between Oando Plc and United Bank for Africa Plc and the restructuring of the debt portfolio of Oando Plc and certain of its Nigerian downstream subsidiaries and a series of financing provided by both Nigerian financial institutions and the Helios-Vitol consortium to some of Oando’s Nigerian downstream subsidiaries.The transaction represents one of the largest corporate restructuring in the oil and gas industry in Nigeria.
  • Advised First City Monument Bank Plc in connection with a US$40 Million working capital overdraft facility advanced in March 2012 to Septa Energy Nigeria Limited. This facility was subordinated to the US$150 Million reserve based lending advanced to the Borrower in 2011 by a syndicate of local and international lenders.
  • Advised Afsat Communications Limited – “ACL” on the Nigerian law issues which arose in connection with the acquisition of ACL by Mweb Africa. Specific assignments included: preparing opinions on Nigerian law issues which impacted the transaction; coordinating the procurement of consent from the Nigerian Communications Commission in respect of the transaction, etc. 
  • Advised a syndicate of local and international lenders (First City Monument Bank Plc, First Bank Plc and Standard Chartered Bank, London) in connection with the provision of a US$150 Million reserve-based senior secured loan facility in 2011 to Septa Energy Nigeria Limited, (a subsidiary of Seven Energy International Limited) for the financing of its obligations in connection with certain Oil Mining Leases in Nigeria.
  • Advised Stanbic IBTC Bank PLC, Standard Bank London and First City Monument Bank PLC with regard to the provision of a US$230 Million Acquisition and Borrowing Base Facility in 2011 to FHN 26 Limited, an indirect subsidiary of Afren PLC in connection with the acquisition and development of an Oil Mining Lease. 
  • Advising DnB Nor Bank ASA and Credit Agricole Corporate & Investment Bank (the “Lead Arrangers”) in connection with the US$1.8bn financing of four deep-water drilling vessels, to be utilised for drilling contracts with Star Deep Water Petroleum Limited (an affiliate of Chevron) and Total E & P Nigeria.

  • Banking
  • Financial restructuring
  • Financial services regulatory
  • Hedge funds
  • Investment funds
  • Project development
  • Project finance
  • Real estate finance
  • Real estate funds
  • Restructuring and insolvency

  • Banking
  • Energy
  • Financial services
  • Insurance
  • Media
  • Mining
  • Natural resources
  • Oil and gas
  • Real estate

  • Nigerian Bar Association

  • Chartered Institute of Taxation of Nigeria
  • Institute of Chartered Secretaries and Administrators
  • Nigeria Leadership Initiative

  • 2006 University of London, LL.M.
  • 2002 Called to the Nigerian Bar
  • 2000 University of Lagos, Lagos, LL.B. (Hons)