Phone +234 1 2774920, 2774921, 2774922, 2719811, 2719812, 2719813

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

Itorobong Udom



Itorobong Udom is an Associate and a member of the firm’s Corporate and Commercial team. Since joining the firm, she has been involved in a wide range of matters, including banking and finance, private equity, mergers & acquisitions, competition, capital markets, tax, general corporate advisory and litigation.


Associate, Udo-Udoma & Belo Osagie
Trainee Associate, Udo-Udoma & Belo-Osagie
Intern, Mobil Producing Nigeria Unlimited


Nigerian Law School, BL
University of Edinburgh, LL.B

Professional Membership

Nigerian Bar Association

Bar Admissions





Banking and Finance

Currently advising a DFI in relation to a facility to a company operating in the agricultural sector; 

Advised a DFI in connection with facility to a Nigerian bank; 

Advised a foreign financial technology company on the establishment of its subsidiary in Nigeria; 

Advised Greycroft VC on the Nigerian elements of a Series A investment round in Bamboo Global Inc., the parent company of Bamboo Systems Technology Limited; 

Advised a multinational telecommunications company on a third-party financing transaction; 

Key member of the team advising a leading Nigerian Bank on its NGN100,000,000,000.00 debt issuance programme; 

Key member of the team advising a Nigerian bank on its NGN5,000,000,000 bonds issuance programme; 

Key member of the team advising LeapFrog Investments Group Limited in its proposed acquisition of an interest of 10% – 20% of the equity of a leading payments processing and digital commerce company in Nigeria; 

Key member of the team that advised Enhancing Financial Innovation and Access Ltd/Gte (a financial sector development organization that promotes financial inclusion in Nigeria) on the GBP2,000,000 COVID-19 Fund by the Foreign, Commonwealth and Development Office of the UK Government, to support the development of solutions to mitigate the far-reaching impact of COVID-19 on startups and SMEs in Nigeria; 

Advises startups and small and medium scale enterprises (SMEs) on compliance with Nigeria’s regulatory regime, including various regulations of the Central Bank of Nigeria, the Corporate Affairs Commission, and the Securities and Exchange Commission; and 

Part of the team that routinely advises foreign clients on proposed investments in Nigerian companies and that conducts due diligence exercises on the target companies.

Capital Markets

The UUBO Capital Markets team is pleased to have acted as Joint Legal Counsel to MTN Nigeria Communications PLC (“MTN”) in connection with the establishment of its N150,000,000,000 (one hundred and fifty billion Naira) Commercial Paper Issuance Programme (the “Programme”) and the Series 1 and 2 issuances amounting to a total sum of N127,000,000,000 (one hundred and twenty-seven billion Naira) thereunder. The Series 1 issuance was for a tenor of 184 days priced at a yield of 7.50% yield, while the Series 2 issuance was for a tenor of 254 days priced at a yield of 8.50%.

The successful establishment of the Programme and issuances is the largest single Commercial Paper Issuance in Nigeria.

MTN is the leading telecommunications company in Nigeria and the size of the issuance is a representation of the trust in its brand and operations. The Issuance is in line with MTN’s strategy to diversify its financing options, with the proceeds being deployed towards its short-term working capital requirements and general corporate purposes.

The team was led by our Capital Markets team partners, Yinka Edu and Joseph Eimunjeze, and included Ekundayo Onajobi, Lisa Esamah, Damilola Opayinka, Itoro Etim, and Richard Enoch.

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