Sefton Fross has been recognized and recommended in the 2017 Edition of the Legal 500, Europe, Middle East and Africa. The publication recognised Sefton Fross as a leading player in two practice areas in Nigeria which are:
1) Banking, Finance and Capital Markets; and
2) Energy and Natural Resources.
Also, the Legal 500 Guide to outstanding lawyers in Europe, Middle East & Africa recognized and recommended Sefton Fross Managing Partner, Mrs. Olayemi Anyanechi as a leading individual in Banking and Finance and Energy and Natural Resources Practice Areas.
According to the Guide, the Sefton Fross team “is experienced in advising on financing’s related to the energy and natural resources sectors, as well as telecoms, infrastructure, real estate, financial services and insurance. It recently advised the trustee on Fidelity Bank’s fixed rate subordinated unsecured bond issuance and provided Société Générale with a legal opinion involving the treatment of derivatives in Nigeria. The practice also advised Fast Credit on a convertible loan note issuance. Team head and managing partner Olayemi Anyanechi is highly rated”.
The Legal 500, an international legal directory, rates capacities of law firms across the world, using a comprehensive research programme revised and updated every year to bring the most up-to-date vision of the global legal market. The Legal 500 assesses the strengths of law firms in over 100 jurisdictions and a total of 82 countries. We are immensely proud of our recognition by our peers through this publication and we congratulate the Firm and our Managing Partner for this recognition and the appreciation of our excellent legal services from the global outlook.
You can view the results at

Sefton Fross wishes to announce our recent contribution to the foreign investment review, getting the deal through.
The foreign investment review is an international publication published annually by Law Business Research Limited,
a team of international legal experts. Sefton Fross contributors this year were: our Managing Partner, Mrs Olayemi Anyanechi
and Senior Associate, Mrs. Enovwor Odukuye.

The foreign investment review discusses mainly the various laws, both local and international, that govern foreign
investments in different parts of the world and Sefton Fross is very proud to be associated with it and to be the
only contributor from Nigeria.

Getting the deal through provides international expert analysis in key areas of law, practice and regulation for
corporate counsel, cross boarder legal practitioners and company directors and officers.

The foreign investment review can be read here…

Sefton Fross is pleased to announce the appointment of our Managing Partner, Olayemi Anyanechi, as the Chairman of the Mergers, Acquisitions & Corporate Reorganizations Committee of the Nigerian Bar Association Section on Business Law.

Olayemi brings to the table the experience and expertise required to add value to the laudable achievements of the Committee through a proven record of operational leadership, strategy development and relationship management.

With twenty years cognate experience in diverse areas of law, including Banking and Finance, Capital Markets, Energy and Natural Resources, and Corporate & Commercial Law, she has acted for numerous corporate organizations and multinationals in virtually all legal issues faced by corporates, including on cross-border transactions and the issues affecting businesses.

She is recognized as one of the leading lawyers in Nigeria and is internationally commended for her “exceptional service delivery” and for being “very smart, and intellectually creative if you need to find a solution and sort things out”.

Olayemi was also recently appointed as a member of the Technical Committee of the Nigerian Senate on Financial Law Reform.

Sefton Fross is pleased to announce the appointment of Sefton Fross Senior Associate, Enovwor Odukuye as Assistant Secretary of the Mergers, Acquisitions and Corporate Reorganisations Committee of the Nigerian Bar Association Section on Business Law.

Enovwor is a member of the Firms Banking & Finance and Energy & Natural Resources Practice Groups team and has acted on numerous high value mergers and acquisition transactions for the Firm, including in the oil and gas, electricity and financial services space.  She also has extensive experience advising on structured finance transactions, particularly derivatives.

She has amassed a wealth of experience advising multinational companies, governmental agencies, private investors, lenders and borrowers.

She is the co-author of Getting the Deal Through- Foreign Investment Review for 2016 published by Law Business Research UK.

Sefton Fross is pleased to announce the appointment of Managing Partner, Olayemi Anyanechi, as a member of the Nigerian Senate’s Technical Committee on Financial Law Reform.

The 12-man Committee consists of seasoned experts and leaders of industry from various disciplines including banking and finance, economics and law. The Committee is charged with reviewing and harmonizing bills undergoing legislative review, to assist the Senate ensure that Bills meet international standards, as well as minimize opportunities for regulatory arbitrage.

The respective Bills deal with a wide range of financial law matters, including the provision for the management, administration, operation, regulation and supervision of payment, clearing and settlement systems and connected matters; creation of a legal framework for national crediting reporting and connected matters, as well as amendment of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act.

The Committee was formally inaugurated on the 7th of March 2017 at the Senate in Abuja.

Sefton Fross acknowledges the know-how and expertise Olayemi will bring to the Committee and wish her and the other members of the Committee successful deliberations.

Sefton Fross is pleased to announce that we recently contributed to the World Bank Enabling the Business of Agriculture (EBA) 2017 Report. Our team of lawyers which includes Olayemi Anyanechi, Managing Partner; Enovwor Odukuye, Senior Associate and Oluwatobi Adeyemo, Associate were contributors to the EBA 2017 Report.

Sefton Fross is pleased to be a part of this World Bank initiative which presents data that measure legal barriers for businesses operating in agriculture in 62 economies and across 12 topic areas. The data can be used by governments, investors, analysts, researchers and others interested in the regulatory environment for agribusiness, to assess countries’ performance on the topics measured and to identify regulatory good practices.

Kindly read full report  Here

Sefton Fross is pleased to announce that Olayemi Anyanechi, the firm’s Managing Partner was one of the speakers at the National Assembly Stakeholders Interactive Dialogue/Workshop titled “The Nigerian Power Challenge: A legislative Intervention”, held at the Congress Hall, Transcorp Hilton, Abuja on the 7th – 8th February 2017.

Olayemi presented a paper  titled “Developing a Liquidity Solution for the Nigerian Power Sector”. The Paper addressed the importance of a sustainable structure that addresses some of the fundamental reasons for the liquidity challenges in the sector, which invariably guarantees the improvement of Disco operational efficiency for the sustained growth of the NESI.

The Interactive Dialogue/Workshop is the first of its kind on the Power Sector from the National Assembly. You can read Olayemi’s presentation on our Knowledge Bank page.

Sefton Fross has advised Standard Alliance Insurance Plc (SAIP) and Standard Alliance Life Assurance Limited on their Scheme of Merger.

The merger resulted in an enlarged SA Insurance as the resultant company, while Standard Alliance Life Assurance Limited was dissolved without winding up. The merger will position the enlarged SA Alliance carry on both the business of life and general insurance under one entity in Nigeria thereby positioning it for sustainable long term growth whilst strengthening its market share in the insurance industry and creating value for all stakeholders.

The Firm’s transaction team included Olayemi Anyanechi, Managing Partner, Elohor Odukuwe; Senior Associate; and Oluwatobi Adeyemo, Associate.

Sefton Fross has advised Aiteo Eastern E&P Company Limited (Aiteo), on the restructuring of its US$2 Billion term facility with its group of lenders. This success is a testament to the firm’s outstanding Banking & Finance reputation and the firm’s resolve to put the Client’s business first.

The Firm’s transaction team was led by Managing Partner, Olayemi Anyanechi.