Adenike is a Managing Counsel in the firm’s Corporate and Commercial Law Practice Group. She holds a Master of Laws degree in International Commercial Law (with Distinction) from the University of Aberdeen, Scotland United Kingdom.
Adenike has advised clients for almost a decade on various areas of law, including, establishment of businesses, mergers & acquisitions, corporate governance, regulatory compliance, general corporate advisory, financial technology, and foreign direct and foreign portfolio investment in Nigeria. She also manages the company secretarial portfolio of over 50 international and domestic companies. Her experience spans across various sectors of the Nigerian economy (including Financial Services, Information and Communications Technology, Hospitality, Oil and Gas, Power, and Fast-Moving Consumer Goods) and cuts across start ups, and small and medium sized enterprises, and blue-chip companies.
She routinely negotiates, drafts and reviews various corporate agreements for Nigerian subsidiaries of multi-national companies and advises on attendant transactional issues.
Adenike has a sterling reputation as a pragmatic commercial minded lawyer, who is sensitive to the commercial realities of clients and offers business friendly solutions/advice to help clients achieve their objectives within the ambit of the law.
A Selection Of Relevant Experience
- General Electric in connection with the Nigerian aspect of its global spin-off into three publicly traded companies focused on aviation, healthcare, and energy, as well as on its acquisition of the Nexus Controls business from Baker Hughes.
- Various Big-Tech companies including Apple, on different components of financial technology, including the regulatory framework for use of credit and debit cards, mobile wallets, mobile payments, carrier billing, payment service providers, payment initiators, international money transfer involving cryptocurrency and fiat money etc, as well as the applicable consumer rights laws and privacy laws.
- Various International Oil Companies (IOCs) on compliance with the Environmental, Social and Governance (“ESG”) requirements in the Petroleum Industry Act. This includes; a) advising on the structuring and implementation of the ESG framework for the various Host Communities within the IOCs area of operations in the Niger Delta Region (“NDR”) and establishment of incorporated trusts for the different host communities, b) developing various policies for the trusts, as well as for efficient implementation of the ESG framework, including for effective corporate governance, transparency, accountability, anti-corruption, and anti-money laundering, and c) establishing structures and mechanisms for reporting, investigations, and disciplinary actions within the ambit of extant applicable laws.
- Kantar Group, the leading data, insights, and consulting company on the Nigerian aspect of the reorganization of its entities across various jurisdictions. The role entailed advising on all legal issues relating to the transfer of shares and assets, employee transfers, as well as the establishment, capital funding and repatriation for a new subsidiary created as part of the reorganization.
- One of the world’s largest e-commerce companies on all legal issues relating to its market entry and day-to-day operations in Nigeria.
- African Capital Alliance in connection with the legal, regulatory and competition matters arising from its investment in West Indian Ocean Cable Company.
