Nigeria’s commercial legal market is sophisticated, competitive and increasingly global. The firms highlighted below have built reputations based on complex transactional work, regulatory advisory and dispute resolution excellence.
Aluko & Oyebode
Founded: 1993
Core Practice Areas: Corporate & Commercial, Tax, Energy, Litigation
Aluko & Oyebode is widely regarded as one of Nigeria’s elite full-service firms. The firm regularly advises multinational corporations, financial institutions and regulators on high-value transactions and regulatory compliance matters.
Its corporate practice has been central to major mergers, acquisitions and restructuring deals in Nigeria’s banking and energy sectors.
Strengths:
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Deep regulatory advisory expertise.
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Strong cross-border transaction capability.
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Recognised presence in international legal rankings.
Templars
Core Practice Areas: Energy & Natural Resources, Infrastructure, Arbitration
Templars is particularly prominent in Nigeria’s oil and gas sector. The firm has advised on upstream, midstream and downstream regulatory matters, as well as project finance and infrastructure transactions.
Its dispute resolution team is active in arbitration proceedings involving energy and construction disputes.
Strengths:
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Sector-specific depth in energy law.
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Strong international transaction exposure.
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Recognised arbitration practice.
Banwo & Ighodalo
Core Practice Areas: M&A, Capital Markets, Private Equity
Banwo & Ighodalo has maintained dominance in Nigeria’s mergers and acquisitions landscape. The firm regularly advises on capital raising, securities regulation and corporate restructuring.
It is particularly known for its transactional precision and corporate advisory depth.
Strengths:
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Consistent involvement in high-value M&A.
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Strong corporate governance advisory.
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Capital markets expertise.

