Phone +234 14622307-12; 2774921-2

AddressSt Nicholas House, (10th, 12th & 13th Floors), Catholic Mission Street, Lagos, Nigeria.

Chisom Okolie



Chisom Okolie is an Associate and a member of the firm’s Private Equity, Banking & Finance, Capital Markets, Tax and Real Estate teams. Since joining the firm, she has been involved in a wide range of matters, including general corporate advisory and litigation.


Associate, Udo Udoma & Belo-Osagie
Trainee Associate, Udo Udoma & Belo-Osagie
Intern, Simmonscooper Partners


Nigerian Law School, BL
University of Nigeria, Nsukka, LL.B

Professional Membership

Nigerian Bar Association

Bar Admissions





Banking and Finance

Advised a syndicate of 7 Nigerian banks on a NGN200 billion facility to MTN Nigeria Limited (now MTN Nigeria Communications Plc); 

Advised BlueOrchard Finance in connection with the acquisition of 39.25% of the equity shares in Royal Exchange General Insurance Company Limited; 

Advised HSBC in connection with a US$50,000,000 loan to Airtel Networks Limited, as the borrower, and Bharti Airtel International (Netherlands) B.V as the guarantor; 

Advised Leapfrog Investments in its acquisition of up to 28% percent shareholding valued at NGN840 million in AIICO Insurance PLC;

Advised the International Finance Corporation (“IFC”) in connection with a term loan of US$87,500,000 to Access Bank PLC; 

Advised IFC in connection with a term loan of US$40,000,000 to Republic Bank (Ghana) Limited; 

Advised a syndicate of 12 Nigerian banks on a NGN200 billion facility to MTN Nigeria Communications Limited; 

Advising a leading power generation and distribution company on the debt restructuring of a facility provided by three Nigerian Lenders to the company’s affiliate; 

Advising a leading oil and gas company on the debt restructuring of US$1.83 billion Senior Secured Medium-Term Acquisition Facility provided to the company by a syndicate of onshore and offshore lenders; 

Advising a leading Nigerian broadband communication solution integrator on the financing of fibre optic cables and the restructuring of existing debt; and 

Assists various clients with structuring transactions to ensure compliance with Nigeria’s regulatory regime including various regulations of the Central Bank of Nigeria, the Corporate Affairs Commission and the Federal Inland Revenue Service.

Mergers, Acquisitions and Restructuring

UUBO is pleased to have advised Tangerine Life Insurance Limited and ARM Life PLC on the merger of both companies. The merger is expected to improve the positioning of the Enlarged Tangerine Life Limited in the life insurance sector, creating a stronger player with a larger retail footprint and an increased underwriting capacity.

UUBO’s Mergers and Acquisitions and Private Equity team that advised on this deal was led by our Partner, Ozofu ‘Latunde Ogiemudia and included team members Amina Ibrahim, Faridah Orimobi, Tobechi Nwokocha, Chisom Okolie and Bolaji Odekunle with support from our litigation team members, Olukayode Dada, Chisom Ndubuisi and Titilola Olatunde-Fasogbon.

To learn more about UUBO’s Mergers and Acquisitions work, email and visit

Corporate Advisory

UUBO corporate team advises restaurant brands international on the franchising of the burger king brand in Nigeria

The UUBO Corporate Advisory team is pleased to have advised Restaurant Brands International, the New York and Toronto listed company which owns some of the world’s most prominent restaurant brands including BURGER KING®️, on its franchise arrangement for the BURGER KING®️ brand in Nigeria, which has led to the entry of the BURGER KING®️ restaurant brand into the Nigerian market and widening of the brand’s presence in Africa.

The transaction advisory team was led by UUBO Corporate partner, Ozofu ‘Latunde Ogiemudia, and included Kunle Durosinmi- Etti, Babatunde Olayinka, Chisom Okolie and Bolaji Odekunle.

For more information about our corporate advisory practice, please email us at

Power, Infrastructure and Projects

UUBO’s Energy and Projects team have advised Geometric Power Limited in connection with (1) the US$50 million new debt funding provided by African Export and Import Bank (“Afrexim Bank”), (2) the debt restructuring of a facility of more than USD 500 million provided by three Nigerian lenders to Geometric Power Aba Limited (an affiliate of Geometric Power Limited), (3) the Aba Integrated Power Project (“Aba IPP”), and (4) the investment in the Aba Power Plant Project by equity investors who provided an aggregate amount of USD 19 million in new equity funding.

The Aba IPP is the most impactful and significant power sector project closing following the conclusion of the Azura transaction in 2015 and the power sector privatization in 2013. It is an integrated power island that has its own generation assets and its own distribution assets to serve a population of approximately 2 million people within 9 Local Government Areas in Abia State.

The transaction will lead to the creation of the 12th electricity distribution company in Nigeria and the establishment of a fully integrated utility by Geometric Group, having its own distribution network, an embedded generation facility and a dedicated 27-kilometre pipeline that will supply natural gas to the power plant. The BPE handed over the Aba IPP to Geometric today, Wednesday, 16th February 2022.

The UUBO team was led by Energy and Projects Partners Nicholas Okafor and Onyinye Okafor, with support from Amina Ibrahim (Managing Associate), Victor Samuel (Senior Associate), as well as Chisom Okolie, Maryam Salami, Uchechukwu Ajala, Oluwatobi Akintayo, Godson Iwuozo and Opeyemi Adeshina (Associates).

For more information about UUBO, its teams and our full-service offerings, including in Power, Projects and Infrastructure, please contact us at

Banking and Finance

Lagos State is the chief commercial and financial center of Nigeria, however, the state’s productivity is threatened by an inadequate transportation system to cater to its dense population of over 22 million people, heavy traffic and associated carbon pollution.

Udo Udoma & Belo-Osagie is delighted to have advised International Finance Corporation (“IFC”) on its sustainable loan of the Naira equivalent of USD 50 million to the Lagos State Government for financing the development, construction, and rehabilitation of two Quality Bus Corridors totaling 8 kilometers to be implemented by Lagos Metropolitan Area Transport Authority. In line with sustainable development goals, this impact investment aims to provide a sustainable transportation system in the megacity, ease the pressure on road traffic, and drastically reduce carbon emissions. The transaction also marks IFC’s first financing to a sub-national in Nigeria as part of its objective to achieve sustainable growth in developing countries.

The team was led by partners Nicholas Okafor, Yinka Edu, Onyinye Okafor, Joseph Eimunjeze and included Victor Samuel, Pamela Onah, Chisom Okolie and Maryam Salami.

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