Olaniwun Ajayi LP

February 18, 2026

Banking & Capital Markets: 2025 Wrap-up and 2026 Outlook

Nigeria’s banking and capital market sectors experienced major regulatory reforms and sustained activity in 2025, demonstrating notable resilience in the face of evolving macroeconomic conditions. Our Banking and Capital Markets...

December 30, 2025

SEC Directs Capital Market Operators to Renew Registration for 2026

In a statement issued on 12 December 2025, the Securities and Exchange Commission (“SEC” or the “Commission”) directed all Capital Market Operators (“CMOs”) to renew their registration with the Commission...

December 1, 2025

Beyond the Headlines: The ISA 2025 and the SEC Clampdown on Illegal Market Operators

The announcement on 24 October 2025 regarding Nigeria’s removal from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring (commonly referred to as the Grey List) represents...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

Introduction In response to what the Securities and Exchange Commission (SEC or the Commission) describes as “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...

April 17, 2025

Digital and Virtual Assets Ownership in Nigeria

Impact of the Investment and Securities Act 2025 on Digital and Virtual Assets Ownership

The Investments and Securities Act, 2025 (ISA 2025), which repeals the Investments and Securities Act, 2007, marks a significant milestone in the evolution of financial regulation in Nigeria. The ISA...

April 10, 2025

Olaniwun Ajayi LP acted as Legal Advisers to Seplat Energy PLC on Senior Notes Issuance

Olaniwun Ajayi LP Advises Seplat Energy PLC on Issuance of the USD 650,000,000 9.125% Rule 144A/Reg S Senior Notes

Deal Announcement Olaniwun Ajayi LP acted as legal advisers to the Global Coordinators (Citigroup, J.P Morgan, Rand Merchant Bank, Standard Bank, Standard Chartered Bank) and Initial Purchasers on the issuance...

April 8, 2025

Legal 500 EMEA 2025 Rankings for Olaniwun Ajayi LP

Olaniwun Ajayi’s Practice Areas and Lawyers Ranked in Legal 500 EMEA 2025

We are pleased to announce our recognition in the recently released Legal 500 EMEA 2025 rankings. Firm Rankings and Client Feedback In this year’s edition, Olaniwun Ajayi has maintained its...

February 21, 2025

An Exposition of the FX Code

The Central Bank of Nigeria (CBN), on 28 January 2025, launched the Foreign Exchange Code (FX Code) as a guide to the banking industry to promote ethical conduct in the...

January 14, 2025

OALP Banking & Capital Markets Outlook 2025

Banking and Capital Markets Wrap-Up 2024 and 2025 Outlook

2024 saw pivotal shifts in Nigeria’s banking and capital markets sectors. Notably, the Central Bank of Nigeria took decisive steps, including a series of monetary policy rate hikes, a banking...

January 10, 2025

Olaniwun Ajayi Advises Bank of Industry on EUR 2 Billion Landmark Syndicated Facility

Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility

Olaniwun Ajayi LP is proud to have served as Nigerian legal counsel to the Bank of Industry Limited (BOI) on its landmark EUR 2 billion syndicated facility. This facility was...

February 18, 2026

Banking & Capital Markets: 2025 Wrap-up and 2026 Outlook

Nigeria’s banking and capital market sectors experienced major regulatory reforms and sustained activity in 2025, demonstrating notable resilience in the face of evolving macroeconomic conditions. Our Banking and Capital Markets...

December 30, 2025

SEC Directs Capital Market Operators to Renew Registration for 2026

In a statement issued on 12 December 2025, the Securities and Exchange Commission (“SEC” or the “Commission”) directed all Capital Market Operators (“CMOs”) to renew their registration with the Commission...

December 1, 2025

Beyond the Headlines: The ISA 2025 and the SEC Clampdown on Illegal Market Operators

The announcement on 24 October 2025 regarding Nigeria’s removal from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring (commonly referred to as the Grey List) represents...

June 24, 2025

SEC Circular on Tenure of Directors

SEC Circular on Transmutation of Independent Non-Executive Directors and Tenure of Directors

Introduction In response to what the Securities and Exchange Commission (SEC or the Commission) describes as “the worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors...

April 17, 2025

Digital and Virtual Assets Ownership in Nigeria

Impact of the Investment and Securities Act 2025 on Digital and Virtual Assets Ownership

The Investments and Securities Act, 2025 (ISA 2025), which repeals the Investments and Securities Act, 2007, marks a significant milestone in the evolution of financial regulation in Nigeria. The ISA...

April 10, 2025

Olaniwun Ajayi LP acted as Legal Advisers to Seplat Energy PLC on Senior Notes Issuance

Olaniwun Ajayi LP Advises Seplat Energy PLC on Issuance of the USD 650,000,000 9.125% Rule 144A/Reg S Senior Notes

Deal Announcement Olaniwun Ajayi LP acted as legal advisers to the Global Coordinators (Citigroup, J.P Morgan, Rand Merchant Bank, Standard Bank, Standard Chartered Bank) and Initial Purchasers on the issuance...

April 8, 2025

Legal 500 EMEA 2025 Rankings for Olaniwun Ajayi LP

Olaniwun Ajayi’s Practice Areas and Lawyers Ranked in Legal 500 EMEA 2025

We are pleased to announce our recognition in the recently released Legal 500 EMEA 2025 rankings. Firm Rankings and Client Feedback In this year’s edition, Olaniwun Ajayi has maintained its...

February 21, 2025

An Exposition of the FX Code

The Central Bank of Nigeria (CBN), on 28 January 2025, launched the Foreign Exchange Code (FX Code) as a guide to the banking industry to promote ethical conduct in the...

January 14, 2025

OALP Banking & Capital Markets Outlook 2025

Banking and Capital Markets Wrap-Up 2024 and 2025 Outlook

2024 saw pivotal shifts in Nigeria’s banking and capital markets sectors. Notably, the Central Bank of Nigeria took decisive steps, including a series of monetary policy rate hikes, a banking...

January 10, 2025

Olaniwun Ajayi Advises Bank of Industry on EUR 2 Billion Landmark Syndicated Facility

Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility

Olaniwun Ajayi LP is proud to have served as Nigerian legal counsel to the Bank of Industry Limited (BOI) on its landmark EUR 2 billion syndicated facility. This facility was...