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Key contacts
Co - Founder/Of Counsel: Gbenga Oyebode, MFR
Of Counsel: Kofo Dosekun
Chairman : Olubunmi Fayokun
Co-Managing Partners: Joke Aliu
Co Managing Partners : Adeolu Idowu
Senior Partner: Babatunde Fagbohunlu (SAN)
Quick facts
Number of partners

24

Other fee earners

150

Languages

English, French, Yoruba, Igbo, Hausa

Key practice areas
Banking and finance
Banking
Project finance
Capital markets
Capital markets : Debt
Capital markets : Equity
Financial and corporate
Corporate and M&A
Private equity
Restructuring and insolvency
M&A
Energy and infrastructure
Project development : Power
Project development : Infrastructure
Restructuring and insolvency
Project development : Energy
Projects
Firm overview

At Aluko & Oyebode multi-national companies, local entrepreneurs and pro bono clients can expect the same level of world class legal services delivered with the highest ethical standards. As the largest full-service commercial law firm in Nigeria, we strive for excellence in everything we do. Clients come to us for our deep knowledge of Nigerian law as well as our breadth of international expertise – and an understanding of our clients’ industries that can only be borne of direct experience.

Our practice areas encompass the full range of corporate and commercial legal services, including Banking; Capital Markets; Competition & Anti-Trust; Corporate Services; Corporate Governance and Compliance; Employment, Immigration and Incentives; Energy and Natural Resources; Financial Institutions Advisory; Infrastructure Finance and PPP; Intellectual Property; International Trade; Litigation, Dispute Resolution & Risk Management; Mergers & Acquisitions; Private Equity; Privatisation & Public Procurement; Real Estate; Tax; Telecommunication; Media, Entertainment & Technology; Venture Technology & Emerging Growth Companies; and White Collar & Investigation.

Key transactional practices
  • Banking
  • Capital markets: Debt
  • Capital markets: Derivatives
  • Capital markets: Equity
  • Capital markets: High yield
  • Competition
  • Financial restructuring
  • Financial services regulatory
  • Investment funds
  • M&A
  • PPP/PFI
  • Private equity
  • Private equity funds
  • Project bonds
  • Project development
  • Project finance
  • Real estate finance
  • Restructuring and insolvency
  • Securitisation
  • Structured finance/securitisation
  • Trade finance
Key practice contacts and recent transactional highlights

Energy and Natural Resources:
Gbenga Oyebode
Babatunde Fagbohunlu
Olubunmi Fayokun
Tonye Krukrubo
Oghogho Makinde
Chukwuka Ikwuazom
Reginald Udom
Cephas Caleb

Olagoke Kuye

Inyene Robert

Construction/Infrastructure:
Adeniyi Adegbonmire (SAN)
Oghogho Makinde
Oludare Senbore

Financial Services:
Kofo Dosekun
Olubunmi Fayokun
Oghogho Makinde
Chukwuka Ikwuazom
Oludare Senbore
Reginald Udom
Ayodeji Oyetunde

Public Sectors:
Gbenga Oyebode
Joke Aliu
Hamid Abdulkareem

Corporate Governance & Compliance:
Sumbo Akintola

Power:
Olubunmi Fayokun
Oludare Senbore

Technology, Media and Telecommunication:
Sumbo Akintola
Oghogho Makinde

Intellectual Property:
Mark Mordi

Toritseju Dottie

Ayokunle Adetula

Uche Nwokocha

 

Recent Transactional Highlights:

  • Advised Access Bank Plc on its merger with Diamond Bank Plc.
  • Advised as Joint Solicitor to the Trustees on Lagos State Government's Series IV 10 - Year ₦200 Billion Fixed Rate Bond Issuance, the largest subnational bond in Nigeria.
  • Advised Citibank Nigeria Limited on its capital raise via a rights issue of $136 million to meet CBN recapitalisation mandate.
  • Advised as Nigerian counsel on the €1.87 billion syndicated debt issuance facility for the Bank of Industry with AFC and Afreximbank.
  • Advised Arnergy Solar Limited on its $18 million Series B fundraise for solar manufacturing and deployment expansion in Africa. 
  • Advised Skyway Aviation Handling Company on its merger with Skypower Aviation Handling Company as well as its subsequent IPO and Listing on The Nigerian Stock Exchange (the only IPO in the Nigerian capital market in the last 4 years).
  • Advised Unilever Plc on the Nigerian aspects of the US$8.1 Billion sale of its margarine and spreads business to KKR & Co.
  • Advised Access Bank Plc on a US$40 Million Green Bond issuance, the first ever Climate Bonds standard certified corporate green bonds to be issued in Africa.
  • Advised Union Bank of Nigeria Pc on the establishment of a ₦100 Billion (approx. US$280 Million) Debt Issuance Programme.
  • Lead counsel to International Flavours and Fragrances in  connection with the establishment of a US$1 Million world class research and development facility in Nigeria as a research and development hub for West Africa.
  • US$800 Million Eurobond Issuance by IHS Netherlands Holdco B.V.
  • Restructuring of US$1.97 Billion oil and gas acquisition facilities;
  • US$300 Million sale by Exxon Mobil Oil Corporation of its 60% equity stake in Mobil Oil Nigeria Plc to Nipco Plc;
  • US$600 Million Standard Advisory London Ltd restructuring of oil and gas acquisition facility;
  • Letshego Holdings’ acquisition of FBN Microfinance Bank; US$300 Million Eurobond Issuance by Access Bank Plc;
  • S$219 Million Commercial Paper Issuance by Rand Merchant Bank Nigeria;
  • US$125 Million Commercial Paper Upsizing by Guinness Nigeria;
  • 8 Miles LLP US$80 Million Equity Investment in Beloxxi Industries;
Sector expertise
  • Agriculture
  • Aviation
  • Banking
  • Construction and materials
  • Consumer goods and services
  • Energy
  • Financial services
  • Food and beverage
  • Government and public policy
  • Industrials
  • Insurance
  • Investment management
  • Media
  • Mining
  • Natural resources
  • Oil and gas
  • Real estate
  • Shipping
  • Social infrastructure
  • Tech and telecoms
  • Tourism
  • Transport
  • Utilities
Other offices

1, Murtala Muhammed Drive
(formerly Bank Road), Ikoyi
Lagos, 234
Nigeria

T: +234 1 462 8360-71
F: +44 207 681 3402 
E: ao@aluko-oyebode.com
W: www.aluko-oyebode.com 

3rd Floor, Plot 173,
Sani Abacha Road
GRA Phase III, Port Harcourt
Rivers State, 234
Nigeria

T: +234 703 192 2607
F: +44 207 681 3402

Afri Investment House
2nd Floor, Right Wing No. 50,
Aguiyi Ironsi Street, Maitama
Abuja, 234
Nigeria

T: +234 9 292 1083
F: +44 207 681 3402

Address:
Plot 1384A Agulu Lake Street
Maitama, Abuja
Tel:+234 02 4628360 Email:Contact Us Web Address:http://www.aluko-oyebode.com
Rankings published in 2026
Banking
Tier 1
27 firms ranked
View full list

Tier 1

ALN Nigeria | Aluko & Oyebode
17 practice areas
View full profile
Banwo & Ighodalo
17 practice areas
View full profile
G Elias & Co
17 practice areas
View full profile
Olaniwun Ajayi
15 practice areas
View full profile
Templars
16 practice areas
View full profile
Udo Udoma & Belo-Osagie
17 practice areas
View full profile

Tier 2

Dentons ACAS-Law
16 practice areas
View profile
Jackson Etti & Edu
17 practice areas
View full profile
Odujinrin & Adefulu
17 practice areas
View profile
ǼLEX
16 practice areas
View full profile

Tier 3

Abdulai Taiwo & Co
16 practice areas
View full profile
Bloomfield LP
12 practice areas
View full profile
Detail Commercial Solicitors
17 practice areas
View profile

Tier 4

Alliance Law Firm
15 practice areas
View full profile
Duale, Ovia & Alex-Adedipe (DOA)
9 practice areas
View full profile
Olajide Oyewole
14 practice areas
View profile
Solola & Akpana
11 practice areas
View profile

Tier 5

Advocaat Law Practice
14 practice areas
View full profile
DealHQ Partners
8 practice areas
View profile
Pavestones
6 practice areas
View full profile

Notable

ALP NG & Co
5 practice areas
View full profile
Giwa-Osagie & Co
15 practice areas
View full profile
Greychapel Legal
13 practice areas
View full profile
Ikeyi Shittu & Co
16 practice areas
View full profile
Streamsowers & Köhn
14 practice areas
View full profile
Stren & Blan Partners
1 practice area
View full profile
TNP
9 practice areas
View profile
Capital markets : Debt
Tier 1
25 firms ranked
View full list

Tier 1

ALN Nigeria | Aluko & Oyebode
17 practice areas
View full profile
Banwo & Ighodalo
17 practice areas
View full profile
G Elias & Co
17 practice areas
View full profile
Olaniwun Ajayi
15 practice areas
View full profile
Templars
16 practice areas
View full profile
Udo Udoma & Belo-Osagie
17 practice areas
View full profile

Tier 2

Jackson Etti & Edu
17 practice areas
View full profile
TNP
9 practice areas
View profile
ǼLEX
16 practice areas
View full profile

Tier 3

Abdulai Taiwo & Co
16 practice areas
View full profile
Alliance Law Firm
15 practice areas
View full profile
Bloomfield LP
12 practice areas
View full profile
Detail Commercial Solicitors
17 practice areas
View profile

Tier 4

DealHQ Partners
8 practice areas
View profile
Duale, Ovia & Alex-Adedipe (DOA)
9 practice areas
View full profile
Odujinrin & Adefulu
17 practice areas
View profile
SPA Ajibade & Co
8 practice areas
View full profile

Tier 5

ALP NG & Co
5 practice areas
View full profile
Punuka Attorneys & Solicitors
14 practice areas
View full profile

Tier 6

Dentons ACAS-Law
16 practice areas
View profile
Greychapel Legal
13 practice areas
View full profile

Notable

OAKE Legal
9 practice areas
View profile
Olajide Oyewole
14 practice areas
View profile
The Metropolitan Law Firm
4 practice areas
View profile
Wigwe & Partners
2 practice areas
View full profile
Capital markets : Equity
Tier 1
21 firms ranked
View full list

Tier 1

ALN Nigeria | Aluko & Oyebode
17 practice areas
View full profile
Banwo & Ighodalo
17 practice areas
View full profile
G Elias & Co
17 practice areas
View full profile
Olaniwun Ajayi
15 practice areas
View full profile
Templars
16 practice areas
View full profile
Udo Udoma & Belo-Osagie
17 practice areas
View full profile

Tier 2

Detail Commercial Solicitors
17 practice areas
View profile

Tier 3

Abdulai Taiwo & Co
16 practice areas
View full profile
Jackson Etti & Edu
17 practice areas
View full profile
Odujinrin & Adefulu
17 practice areas
View profile
ǼLEX
16 practice areas
View full profile

Tier 4

Alliance Law Firm
15 practice areas
View full profile
Dentons ACAS-Law
16 practice areas
View profile

Notable

Advocaat Law Practice
14 practice areas
View full profile
Bloomfield LP
12 practice areas
View full profile
Duale, Ovia & Alex-Adedipe (DOA)
9 practice areas
View full profile
Greychapel Legal
13 practice areas
View full profile
OAKE Legal
9 practice areas
View profile
Olajide Oyewole
14 practice areas
View profile
Punuka Attorneys & Solicitors
14 practice areas
View full profile
Wigwe & Partners
2 practice areas
View full profile
M&A
Tier 1
29 firms ranked
View full list

Tier 1

ALN Nigeria | Aluko & Oyebode
17 practice areas
View full profile
Banwo & Ighodalo
17 practice areas
View full profile
G Elias & Co
17 practice areas
View full profile
Olaniwun Ajayi
15 practice areas
View full profile
Templars
16 practice areas
View full profile
Udo Udoma & Belo-Osagie
17 practice areas
View full profile

Tier 2

Dentons ACAS-Law
16 practice areas
View profile
Jackson Etti & Edu
17 practice areas
View full profile
ǼLEX
16 practice areas
View full profile

Tier 3

Bloomfield LP
12 practice areas
View full profile
DealHQ Partners
8 practice areas
View profile
Detail Commercial Solicitors
17 practice areas
View profile
Duale, Ovia & Alex-Adedipe (DOA)
9 practice areas
View full profile
Olajide Oyewole
14 practice areas
View profile
Solola & Akpana
11 practice areas
View profile

Tier 4

Abdulai Taiwo & Co
16 practice areas
View full profile
ENR Advisory
9 practice areas
View profile
Greychapel Legal
13 practice areas
View full profile
Odujinrin & Adefulu
17 practice areas
View profile
Streamsowers & Köhn
14 practice areas
View full profile
TNP
9 practice areas
View profile

Tier 5

Advocaat Law Practice
14 practice areas
View full profile
Alliance Law Firm
15 practice areas
View full profile
Anaje Olumide Oke Akinkugbe (AO2 Law)
6 practice areas
View profile
Ikeyi Shittu & Co
16 practice areas
View full profile
OAKE Legal
9 practice areas
View profile
SPA Ajibade & Co
8 practice areas
View full profile

Notable

Pavestones
6 practice areas
View full profile
Perchstone and Graeys
11 practice areas
View profile
Private equity
Tier 1
10 firms ranked
View full list

Tier 1

ALN Nigeria | Aluko & Oyebode
17 practice areas
View full profile
Banwo & Ighodalo
17 practice areas
View full profile
G Elias & Co
17 practice areas
View full profile
Olaniwun Ajayi
15 practice areas
View full profile
Udo Udoma & Belo-Osagie
17 practice areas
View full profile

Tier 2

Detail Commercial Solicitors
17 practice areas
View profile

Tier 3

Odujinrin & Adefulu
17 practice areas
View profile

Notable

Greychapel Legal
13 practice areas
View full profile
Jackson Etti & Edu
17 practice areas
View full profile
Pavestones
6 practice areas
View full profile
Projects
Tier 1
30 firms ranked
View full list

Tier 1

ALN Nigeria | Aluko & Oyebode
17 practice areas
View full profile
Banwo & Ighodalo
17 practice areas
View full profile
G Elias & Co
17 practice areas
View full profile
Olaniwun Ajayi
15 practice areas
View full profile
Templars
16 practice areas
View full profile

Tier 2

Dentons ACAS-Law
16 practice areas
View profile
ENR Advisory
9 practice areas
View profile
Udo Udoma & Belo-Osagie
17 practice areas
View full profile
ǼLEX
16 practice areas
View full profile

Tier 3

Abdulai Taiwo & Co
16 practice areas
View full profile
Bloomfield LP
12 practice areas
View full profile
DealHQ Partners
8 practice areas
View profile
Detail Commercial Solicitors
17 practice areas
View profile
Odujinrin & Adefulu
17 practice areas
View profile
Streamsowers & Köhn
14 practice areas
View full profile

Tier 4

Alliance Law Firm
15 practice areas
View full profile
Jackson Etti & Edu
17 practice areas
View full profile
Solola & Akpana
11 practice areas
View profile

Tier 5

ALP NG & Co
5 practice areas
View full profile
Advocaat Law Practice
14 practice areas
View full profile
Anaje Olumide Oke Akinkugbe (AO2 Law)
6 practice areas
View profile
Duale, Ovia & Alex-Adedipe (DOA)
9 practice areas
View full profile
Ikeyi Shittu & Co
16 practice areas
View full profile
OAKE Legal
9 practice areas
View profile
Pavestones
6 practice areas
View full profile
T&A Legal
1 practice area
View full profile
The New Practice
2 practice areas
View profile

Notable

CLG
1 practice area
View profile
ENR Advisory
9 practice areas
View profile
Greychapel Legal
13 practice areas
View full profile
The Law Crest
9 practice areas
View profile
Linked Reviews
Financial and corporate

Aluko & Oyebode is a full-service corporate law firm in Nigeria. The firm was founded in 1993 and has grown to have over 80 attorneys and offices in Lagos, Abuja, and Port Harcourt. 

  

Focusses / specialisms 

The firm has a very strong practice in every ranked area in Nigeria, achieving top tier status across all of them. 

  

Key clients 

The firm has developed strong relationships within the banking and finance industry, specifically with MTN Nigeria Communications, Bank of Baroda, Standard Chartered Bank, FirstRand Bank, Ecobank Nigeria, Absa Bank, Citibank, Goldman Sachs, and JP Morgan.  

In capital markets the firm has connections with Consolidated Receipts Management, FCMB Asset Management, Rand Merchant Bank, Africa Finance Corporation, Access Bank, Coronation Merchant Bank, the Nigerian Stock Exchange, MTN Group, Allianz Nigeria Insurance, and Lekoil.  

In M&A the firm has developed bonds with Access Corporation, Allianz Crown, Flour Mills, Petrobras International Braspetro, Metropolitan International Holdings, and Lafarge Africa.  

In project development the firm has relationships with Africa Infra Plus Fund, China Development Bank, Shelter Afrique, Powerchina Huadong Engineering Corporation, and International Flavors & Fragrances.  

In project finance it has connections with Petrogap Oil and Gas, Africa Infra Plus Fund, Guaranty Trust Bank, Stanbic IBTC, Guaranty Trust Bank, First City Monument Bank, and Polaris Bank.

 

Research period review: 34th edition (2024/2025) 

The firm was active in banking, debt and equity capital markets, M&A and projects work during the research cycle. 

In M&A, the firm advised Access Holdings and the majority shareholder of Access Pensions in connection with the acquisition of a majority equity stake in ARM Pensions. The merger led to the establisment of the second largest Pension Fund Administrator in Nigeria. 

In banking and finance, the firm advised Africa Finance Corporation (AFC) in connection with an estimated EURO 2 billion term loan to Bank of Industry (BOI)

 

Client feedback: 34th edition (2024/2025) 

"A & O reviewed and advised on the transaction with such distinct level of depth and made the bank understand all the options available in the circumstance. their advise was a guiding light for the bank." - Banking and finance

"We have appreciated Aluko & Oyebode’s responsiveness, as well as the professionalism of their team in handling our work." - Investment funds

"They are a professional service and responsive to our many queries and changes." - Restructuring

"The depth of their expertise and turnaround time." - Project Development 

"His legal advise and being able to break it down in such simplistic way and manner." - Dare Senbore

"He is very responsive." - Orinari Horsfall 

"Responsiveness and communication." - Ajibola Asolo

 

22 results22 results
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Deal Highlights
60 results60 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Africa Finance Corp - Bond Issue
2021-02-01
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
Jefferies Group LLC
Underwriter
Africa Finance Corp - Bond Issue
2021-04-01
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
JP Morgan Chase, Bank of America Merrill Lynch
Underwriter
Africa Finance Corp - Bond Issue
2021-08-01
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
Jefferies Group LLC
Underwriter
United States International Development Finance Corporation - Financing
2020-12-30
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Kofo Dosekun, Funmilayo Otsemobor
United States International Development Finance Corporation
Lender
African Trade Finance; Mashreqbank - Financing
2020-01-07
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Funmilayo Otsemobor
African Trade Finance, Mashreqbank
Agent
Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden (FMO) - Financing
2020-01-03
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Kofo Dosekun, Funmilayo Otsemobor
Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden (FMO)
Lender
Standard Chartered Bank (UK); Standard Chartered Bank (Mauritius) - Financing
2020-01-10
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Funmi Otsemobor
Standard Chartered Bank (UK), Standard Chartered Bank (Mauritius)
Lender
Deutsche Zentral-Genossenschaftsbank (DZ Bank) - Financing
2020-01-05
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Kofo Dosekun, Funmilayo Otsemobor
Deutsche Zentral-Genossenschaftsbank (DZ Bank)
Lender
Barak Fund - Financing
2020-01-12
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Kofo Dosekun, Funmilayo Otsemobor
Barak Fund
Lender
Nile University of Nigeria - Financing
2020-12-14
ALN Nigeria | Aluko & Oyebode
Niger
Financing
Funmilayo Otsemobor
Nile University of Nigeria
Borrower
Guaranty Trust Bank - Restructuring
2021-02-25
ALN Nigeria | Aluko & Oyebode
Niger
Restructuring
Kofo Dosekun
Guaranty Trust Bank
Debtor
Africa Finance Corporation - Project finance
2020-01-11
ALN Nigeria | Aluko & Oyebode
Niger
Project finance
Oludare Senbore, Ayodeji Oyetunde
Africa Finance Corporation
Lender
Shell Western Supply and Trading - Project finance
2020-01-12
ALN Nigeria | Aluko & Oyebode
Niger
Project finance
Oludare Senbore
Shell Western Supply and Trading
Lender
Guaranty Trust Bank - Project finance
2020-01-03
ALN Nigeria | Aluko & Oyebode
Niger
Project finance
Reginald Udom
Guaranty Trust Bank
Lender
IHS Netherlands Holdco BV - Bond Issue
2021-11-01
ALN Nigeria | Aluko & Oyebode
Netherlands
Bond issue
ABSA Bank, Access Bank plc, Citigroup, Goldman Sachs, JP Morgan Chase, Rand Merchant Bank Ltd, Royal Bank of Canada, Standard Chartered Bank
Underwriter
Access Bank plc - Bond Issue
2021-10-01
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
Access Bank plc
Issuer
Guaranty Trust Holding Company Plc - Secondary share offering
2021-01-06
ALN Nigeria | Aluko & Oyebode
Niger
Secondary share offering
Kofo Dosekun, Ayodeji Oyetunde
Guaranty Trust Holding Company Plc
Issuer
Access Bank Plc - Bond issue
2021-09-21
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
Olubunmi Fayokun, Ajibola Asolo
Access Bank Plc
Issuer
Access Bank Plc - Bond issue
2021-07-10
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
Olubunmi Fayokun, Ajibola Asolo
Access Bank Plc
Issuer
Access Bank Plc; Garden City Receivables Management Ltd - Bond issue
2021-02-17
ALN Nigeria | Aluko & Oyebode
Niger
Bond issue
Olubunmi Fayokun, Ajibola Asolo
Access Bank Plc, Garden City Receivables Management Ltd
Issuer
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