Financial Services

Trusted advisor to leading banks and other financial institutions

Financial Services

Trusted advisor to leading banks and other financial institutions

The financial services sector in Nigeria presents compelling opportunities, but also challenges which should not be underestimated.

The emphasis on much needed infrastructure projects and the fast growing middle class consumer base holds much potential, but creative strategies beyond conventional banking, insurance and investment management offerings are essential for such potential to be realised. Institutions have to be ever mindful of the complexities arising from industry reforms and the tightening of policies in Nigeria and Africa at large.

As long-standing advisers to many of the major financial institutions, we have the expertise, the experience and the on-the-ground knowledge to help our clients navigate the complexities that doing business in Africa frequently entails.

According to client feedback quoted by Chambers & Partners 2017, we are “a very diligent and professional outfit”; we “add a lot of value to a transaction”; our “project management skills in putting deals together are very impressive”; and we “really take ownership of the process”.

We advise international and regional banks, investment banks, insurers and asset managers on debt and equity markets transactions, public and private mergers and acquisitions, structured, leveraged and asset financing, restructurings, product development, regulatory matters and the structuring and establishment of investment funds.

Significant Deals

  • GuarantCo in relation to the $50 million capital funding facility to Infrastructure Credit Guarantee Company Limited
  • Standard Chartered Bank, Commerzbank Aktiengesllschaft and ING Belgium NV/SA in relation to their $107 million ONDD-backed financing to Satellite Oil & Gas International Limited
  • MainOne Cable Company Limited on the redenomination and refinancing of up to US$66 million term loan facilities being owed to a syndicate of local and offshore banks
  • Standard Chartered Bank in respect of a $200 million facility granted to Orlean Invest Holding Limited
  • A syndicate of international lenders in respect of a $150 million facility granted to Africa Finance Corporation

Quick Links