Insights

Mar 2019 NEWS

Aluko & Oyebode is delighted to have advised Access Bank Plc (“Access Bank“) on its historic merger with Diamond Bank Plc (“Diamond Bank“). The transaction was executed in furtherance of the implementation, by Access Bank, of its 2018 5-year corporate strategic plan with the vision of becoming Africa’s gateway to the world and the world’s …

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Mar 2019 NEWSLETTERS

This legislation has been modelled, to a great extent, on the European Union competition law derived primarily from Articles 101 to 106 of the Treaty on the Functioning of the European Union.

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Feb 2019 NEWS

Aluko & Oyebode’s position as a leading Nigerian law firm is reaffirmed in Chambers Global Rankings for 2019. Aluko & Oyebode is the only Nigerian law firm to be given Band 1 rankings in four (4) practice areas in this year’s edition of the Chambers Global. Noted practice areas include Banking and Finance (Band 1); …

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Feb 2019 NEWSLETTERS

The National Pension Commission (“PENCOM”) on 28 January 2019 granted its approval for the operation of the Nigerian University Pension Management Company (“NUPEMCO”) as a Pension Fund Administrator (“PFA”) based on an evaluation of NUPEMCO’s compliance with PENCOM’s stipulated requirements. NUPEMCO is the teachers’ union pension company and will now carry on the business of …

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Jan 2019 NEWS

We are delighted to co-sponsor the 2019 Entry Level Associate Training Exercise (ELEVATE). ELEVATE is a practical inter-firm professional development programme collaboratively designed and sponsored by Aluko & Oyebode and 5 other Nigerian law firms for their respective entry-level lawyers as they begin professional careers in corporate and commercial legal practice. The ELEVATE sponsor firms …

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Dec 2018 NEWS

Introduction In June 2018 – in view of the increasing focus on cybersecurity worldwide and the rise in cyber threats both in and outside Nigeria – the Central Bank of Nigeria (CBN) issued a draft risk-based framework and guidelines on cybersecurity for deposit money banks (DMBs) and payment service providers (PSPs), which will come into …

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Nov 2018 NEWS

We are delighted to announce that Aluko & Oyebode has retained its ranking as a Top Tier Firm (Tier 1) in all 7 practice areas in the 2019 IFLR1000 Guide, namely: Banking Capital Markets Infrastructure Energy Mergers & Acquisitions Oil & Gas Project Finance Nine (9) Aluko & Oyebode partners were rated as “highly regarded” …

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Aug 2018 NEWS

We are delighted to be a finalist in this year’s edition of the Law Digest Africa Awards. We have been shortlisted in nine categories.

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Jul 2018 NEWS

Aluko & Oyebode advised Allianz SE (“Allianz”) in connection with the acquisition of 99.03% of the outstanding shares of Ensure Insurance Plc from Greenoaks Global Holdings Limited. Ensure Insurance Plc offers life and non-life insurance services in Nigeria.

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Jun 2018 PUBLICATIONS

After years spent in recession, Nigeria is now starting to see some upward movement in its GDP numbers. Such positive economic indicators offer good opportunities for investors. It is a nation that is fully focused on growing its economy. 

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May 2018 NEWS

The Nigerian Senate on Tuesday 15th of May 2018 repealed the Companies and Allied Matters Act (“CAMA”) Cap C20 Laws of the Federation of Nigeria 2004 and passed its re-enactment of the law after twenty-eight (28) years of its being in force. 

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Apr 2018 NEWS

We are delighted to announce that Aluko & Oyebode has been ranked a top-tier Nigerian law firm by Legal 500 EMEA 2018.

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Feb 2018 NEWS

We are delighted to announce that Aluko & Oyebode has been recognised as a leading firm in the 2018 Edition of Chambers Global.

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Nov 2017 NEWS

In the era of declining oil revenues and the government’s drive to shore up tax revenues, it is no wonder that our proverbial Caesar – the Federal Inland Revenue Service (the “FIRS”) – is seeking to clarify the chargeable rates on various instruments and enforce payments of stamp duties more efficiently. Whilst the FIRS’ actions are laudable, any such actions by the FIRS must be within the ambit of the Stamp Duties Act (the “SDA”). To put this simply, Caesar cannot ask for more than the law permits.

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Oct 2017 NEWS

Aluko & Oyebode is pleased to have retained its ranking as a Top Tier Firm (Tier 1) in all 7 practice areas in the latest IFLR1000 Guide. 

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Oct 2017 NEWS

Partner, Oludare Senbore contributes to the Lawyer Monthly Magazine, September 2017 Issue. He discussed how Nigeria is progressing post-recession. The excerpt below provides a little insight into what was discussed:

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Jul 2017 NEWS

In line with its mandate to promote a sound financial system in Nigeria, the Central Bank of Nigeria (the “CBN”) on 14 June 2017 released a circular titled “Exposure Draft of the Framework for Licencing, Regulation and Supervision of Private Asset Management Companies in Nigeria”.

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May 2017 PUBLICATIONS

This Banking Regulation guide provides a high level overview of the governance and supervision of banks, including legislation, regulatory bodies and the role of international standards, licensing, the rules on liquidity, foreign investment requirements, liquidation regimes and recent trends in the regulation of banks.

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Mar 2017 NEWS

We are pleased to announce the appointment of Aluko & Oyebode Senior Associate, Funmilayo Otsemobor, as the Secretary of the Banking, Finance and Insolvency Committee of the Nigerian Bar Association Section on Business Law.

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Mar 2017 NEWS

We are proud to announce that Aluko & Oyebode has been recognised as a leading firm in the 2017 Edition of Chambers Global. 

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Nov 2016 PUBLICATIONS

The Financial Reporting Council (“FRCN”) of Nigeria on the 17th of October 2016 issued a three-in-one National Code of Corporate Governance (“NCCG”), which seeks to provide regulations on corporate governance as it relates to, public and private companies registered under Nigerian law as well as Nigerian public entities.

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Oct 2016 NEWS

We are delighted to announce that the reputable legal guide IFLR1000 has recommended Aluko & Oyebode as a top tier law firm in seven practice areas in its global ranking for 2017:

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Sep 2016 NEWS

We are delighted to be a finalist in this year’s edition of the Law Digest Africa Awards. We have been shortlisted in three categories:

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Aug 2016 NEWS

We are proud to have been shortlisted for African Legal Awards 2016 – African Law Firm of the Year (Large Practice) for 3rd year in a row. 

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Apr 2016 NEWS

We are delighted to announce that Aluko & Oyebode has been ranked a top-tier Nigerian law firm by Legal 500 EMEA 2016 in four practice area

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Mar 2016 NEWS

We are proud to announce that Aluko & Oyebode has been recognised as a leading firm in Chambers Global 2016 with Band 1 Rankings in 4 Practice Areas:

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Oct 2015 NEWS

We are delighted to announce that IFLR1000 2016 has recommended Aluko & Oyebode as a top tier law firm in seven practice areas:

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Oct 2015 PUBLICATIONS

Nigeria is Africa’s most populous nation with a population of over 170 million people. Of these, it is estimated that less than 50% currently have access to electricity supply. Where access to electricity is available, a full day of uninterrupted electricity is not guaranteed.

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Aug 2015 PUBLICATIONS

As part of its ongoing attempts at stabilizing the value of the Naira as against other foreign currencies, the Central Bank of Nigeria (CBN) issued a circular to all Nigerian banks on the 4th of August 2015, prohibiting Nigerian banks from granting foreign currency loans to customers who solely generate Naira denominated revenues from their businesses.

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Jun 2015 NEWS

The Bankole Olumide Aluko (BOA) Football Tournament 2015 was a huge success. The closing ceremony started with the third place play-off match between Aluko & Oyebode and Tayo Oyetibo & Co./Bayo Osipitan & Co. 

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May 2015 NEWS

Mr. Gbenga Oyebode, MFR is a founding Partner of Aluko & Oyebode and is also the Chairman of the management board of Aluko & Oyebode. Over the years, Mr. Oyebode has development significant experience in project finance, corporate law, energy and natural resource, telecommunications and aviation law…

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May 2015 NEWS

luko & Oyebode acted as Nigerian Legal Counsel to Seplat Petroleum Development Company Plc (“the Borrower”) in connection with the provision of credit facilities to the Borrower by a syndicate of…

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