Value undisclosed
Moniepoint US$110m Series C funding
Advised by Olaniwun Ajayi LP, Norton Rose Fulbright, Aluko & Oyebode
Nigeriaolaniwunajayi.net18 transactions on record
This profile lists Meridian records in which the firm is publicly identified as counsel. Verified matters below are drawn from public sources; the West Africa 50 position measures public evidence of activity, not the quality of advice.
Evidence record
Position 4 in the Meridian West Africa 50 · score 26.62 · 16 verified matters (14 with a dated source) · evidence confidence: High.
| Date | Type | Matter | Source |
|---|---|---|---|
| 2026-09-14 | Transaction | Dangote Petroleum Refinery and Petrochemicals FZE initial public offering (up to 4.1bn ordinary shares) | Olaniwun Ajayi LP, Olaniwun Ajayi Advises on Dangote Petroleum Refinery IPO |
| 2026-09-08 | Transaction | Bank of Industry USD 1bn multi-currency instrument programme and N274.19bn Series 1 17.60% bonds due 2031 | Olaniwun Ajayi LP, Bank of Industry's USD1 Billion Multi-Currency Instrument Programme |
| 2026-07-27 | Dispute | Federal High Court dismissal of US$3bn host-community suit against SPDC, Renaissance Africa Energy and others (Ekpetiama Kingdom) | Olaniwun Ajayi LP, Federal High Court Dismisses $3 Billion Claim Against SPDC & Ors |
| 2026-06-11 | Transaction | EUR40m senior secured term loan from Lendable Asset Management to SafeDriver ennoo Rental (Germany) | Legal Era, Olaniwun Ajayi Advised Lendable Asset Management On EUR40 Million Senior Secured Term Loan Facility |
| 2026-05-18 | Transaction | Zenith Bank Plc acquisition of Paramount Bank Limited, Kenya | Olaniwun Ajayi LP, Olaniwun Ajayi LP advises Zenith Bank on its acquisition of the entire equity stake in Para |
| 2026-03-24 | Transaction | USD 15m term loan by British International Investment to Starsight Energy Africa Holding Limited | Olaniwun Ajayi LP, OALP advises British International Investment plc on a USD15 million facility to Starsight |
| 2026-01-28 | Transaction | NGN4 trillion Power Sector Multi-Instrument Issuance Programme and NGN501bn Series 1 bonds (power sector arrears) | Olaniwun Ajayi LP, Olaniwun Ajayi Advises on NGN4 Trillion Power Sector Issuance Programme |
| 2025-11-25 | Transaction | Lagos State Government NGN14.82bn Series 3 Green Bonds and NGN230bn Series 4 Conventional Bonds | Olaniwun Ajayi LP, Lagos State Government Bond Issuances |
| 2025-10-07 | Transaction | US$7.5m term loan by British International Investment to Odyssey Energy Solutions Procure I, Inc. for mini-grid deployment in Nigeria | Olaniwun Ajayi LP, British International Investment |
| 2025-10-06 | Transaction | Lagos State Government partnership with E1 to host the E1 Electric Boat Racing Championship in Lagos (first in Africa) | Olaniwun Ajayi LP, Olaniwun Ajayi LP Advises Lagos State Government on Africa’s First E1 Electric Boat Racing |
| 2025-04-10 | Transaction | Seplat Energy US$650m 9.125% Rule 144A/Reg S Senior Notes due 2030 | Olaniwun Ajayi LP, Olaniwun Ajayi LP Advises Seplat Energy PLC on Issuance of the USD 650,000,000 9.125% Rule |
| 2025-02-13 | Transaction | IFC US$50m investment in Lagos Free Zone Company | Olaniwun Ajayi LP, Olaniwun Ajayi Advises IFC on Landmark $50 Million Investment to Propel Lagos Free Zone Dev |
| 2025-01-10 | Transaction | Bank of Industry EUR 2bn syndicated facility (AFC and Standard Chartered as global coordinators) | Olaniwun Ajayi LP, Olaniwun Ajayi Advises Bank of Industry on EUR 2 billion Landmark Syndicated Facility |
| 2025-01-02 | Transaction | MOFI Real Estate Investment Fund (NGN1trn M-REIF) establishment and NGN150bn Series 1 Offering | Olaniwun Ajayi LP, Olaniwun Ajayi Advises on MOFI’s NGN1 Trillion Fund and NGN150 Billion Series 1 Offering |
| 2025 (undated) | Transaction | Husk Power naira revolving loan (mini-grids) | Mage Africa benchmarking (LinkedIn, Dec 2025) (secondary) |
| 2025 (undated) | Transaction | AFC / Afreximbank US$330m financing to FG Gold (Sierra Leone) | DealMakers Africa 2025 tables (secondary) |
Matters are those in which a public source names the firm in a role. Secondary or undated sources count at half weight in the ranking. Firms can submit missing matters for verification.
Transactions
Value undisclosed
Advised by Olaniwun Ajayi LP, Norton Rose Fulbright, Aluko & Oyebode
Value undisclosed
Advised by Olaniwun Ajayi LP
Value undisclosed
Advised by Olaniwun Ajayi LP
Value undisclosed
Advised by Banwo & Ighodalo, Olaniwun Ajayi LP
Value undisclosed
CardinalStone / Verod Capital
Advised by Olaniwun Ajayi LP, Udo Udoma & Belo-Osagie
Value undisclosed
Advised by Olaniwun Ajayi LP
₦27bn US$20.3m
Infrastructure Credit Guarantee Company Plc
Advised by Olaniwun Ajayi LP
₦274.19bn
Bank of Industry / Domestic institutional investors
Advised by Olaniwun Ajayi LP
₦2.15trn US$1.63bn
Dangote Petroleum Refinery & Petrochemicals FZE / NGX public offer
Advised by Banwo & Ighodalo, Olaniwun Ajayi LP, ÆLEX
0
Zenith Bank Plc
Advised by Olaniwun Ajayi LP
₦501bn US$376.4m
Federal Government of Nigeria
Advised by ENR Advisory, Olaniwun Ajayi LP
US$24.3m
NSIA Advanced Medical Services Limited (MedServe) / International Finance Corporation (lender)
Advised by TEMPLARS, Olaniwun Ajayi LP
Value undisclosed
African Alliance Insurance Plc
Value undisclosed
GZ Industries
Advised by Olaniwun Ajayi LP
Value undisclosed
Federal Ministry of Communications, Innovation and Digital Economy
Advised by Duale Ovia & Alex-Adedipe, Olaniwun Ajayi LP
US$40m
Lightrock (UK-based sustainable investment platform)
Advised by Olaniwun Ajayi LP
₦244.82bn US$183.9m
Lagos State Government
Advised by Aluko & Oyebode, Duale Ovia & Alex-Adedipe, Jackson, Etti & Edu +1
Value undisclosed
Advised by Olaniwun Ajayi LP, Udo Udoma & Belo-Osagie
Reporting
Legal Updates
A joint statement ties CAC registration of share transfers to an NCC letter of no objection. The regularisation window has closed and unapproved transfers risk being…
Legal Updates
Signed on 17 July 2026, the Order establishes a Virtual Assets Council and Virtual Asset Office to harmonise oversight between the SEC and the Central Bank.
Legal Updates
Changes cover electronic interbank trading, IMTOs, service exports, capital importation and e-CCIs, domiciliary accounts and PAPSS.
Legal Updates
The Regulations apply to persons whose records are inadequate or whose income cannot be ascertained with reasonable accuracy.
Law Firms & Lawyers
Baring spent 15 years as a Herbert Smith Freehills partner and will focus on Africa-wide financing.
Law Firms & Lawyers
A record-based review of published counsel credits on the quarter's main transactions, including the Dangote refinery IPO and notes, the Bank of Industry bond and First…
Deals & Transactions
The offer of up to 4.1 billion shares opened on 14 September. Banwo & Ighodalo, Olaniwun Ajayi and ÆLEX sit on the legal side of an…
Deals & Transactions
A ₦274.19bn development bank issue at 17.60% and a ₦26.7bn drugmaker issue at 19% show domestic investors paying for scale and discriminating on credit.