DETAIL HOSTS WORKSHOP ON DEVELOPING AND FINANCING OFF-GRID SOLUTIONS AT THE POWERING AFRICA NIGERIA INVESTMENT SUMMIT
On the 4th October, 2017, DETAIL hosted a workshop at Transcorp Hilton, Abuja on the topic “Developing and Financing Off-Grid Solutions in the Nigerian Power Sector.” The workshop formed part of the 6th Annual Powering Africa: Nigeria Investment Summit and was facilitated by DETAIL lawyers, Abiodun Oyeledun, Senior Associate; Ifedayo Adeoba, Senior Associate, and Bolaji Fasehun, Associate. click here to read more.
DETAIL CO-SPONSORS 6TH ANNUAL POWERING AFRICA: NIGERIA SUMMIT AND WORKSHOP ON “DEVELOPING AND FINANCING OFF-GRID SOLUTIONS IN THE NIGERIAN POWER SECTOR” ON 4TH OCTOBER 2017
Detail Commercial Solicitors is co-sponsoring the 6th Annual Powering Africa: Nigeria Conference to be held on 4 – 6 October, 2017 at Transcorp Hilton, Abuja. During the Summit, DETAIL will host an interactive workshop, on 4th October 2017 entitled: “Developing and Financing Off-Grid Solutions in the Nigerian Power Sector.” For the full program agenda, click here to read more
“ENGINEERING MEETS FINANCE” – DETAIL & ILF BUSINESS CONSULT HOST PROJECT DEVELOPMENT FINANCING SEMINAR
ENGINEERING MEETS FINANCE – BEST PRACTICES IN PROJECT DEVELOPMENT FINANCING,7TH JULY, 2017
For more information, click here
DOLAPO KUKOYI TO SPEAK AT THE AFRICAN UTILITY WEEK, 17TH – 19TH MAY, 2016
(i) Cost Reflective Tariffs: Solution to Utilities’ Funding Gap?
(ii) Could Micro-grids and New Technologies Make Rural Electrification a Reality?
For more information, click here
AYULI JEMIDE, DETAIL LEAD PARTNER TO SPEAK AT THE AFRICA ENERGY INVESTMENT SUMMIT, 10TH – 12TH APRIL, 2016
AYULI JEMIDE TO SPEAK AT THE MIT SLOAN AFRICA INNOVATE CONFERENCE, 8TH – 9TH APRIL, 2016
UPCOMING 2-DAY WORKSHOP ON STRUCTURING POWER GENERATION PROJECTS WITH AN EMPHASIS ON POWER PURCHASE AGREEMENTS ON THE 29TH-30TH MARCH, 2016
Please click here to read more or register for the workshop
DETAIL PARTNERS WITH SIDLEY AUSTIN LLP TO SUPPORT THE SIDLEY AFRICA-ASIA AGRICULTURAL ENTERPRISE PRO BONO PROGRAMME
Sidley Austin is a leading international law firm that began in 2012 a unique programme of providing free legal support to eligible African and Asian small and medium-sized agriculture-related enterprises and development NGOs. Click here to read more
AYULI JEMIDE APPOINTED AS A MEMBER OF THE FOUNDERS CARBON NETWORK AFRICA
AYULI JEMIDE APPOINTED MEMBER OF THE INTERNATIONAL PROJECT FINANCE ASSOCIATION WEST AFRICA BRANCH COUNCIL
DOLAPO KUKOYI, DETAIL PARTNER, MODERATES A SESSION AT THE WEST AFRICAN POWER INDUSTRY CONVENTION (WAPIC) HELD ON 25TH NOVEMBER, 2015
5TH DETAIL BUSINESS SERIES
“NIGERIA’S INFRASTRUCTURE: WHAT’S NEXT?”
OVERVIEW: SETTING THE TONE
On Monday, 16th November, 2015, DETAIL hosted its 5th DETAIL Business Series under the theme “Nigeria’s Infrastructure: What’s Next?” It was a lively expert discussion on Nigeria’s infrastructure investment needs, the limited capital resources available to address such needs and recommended solutions to bridge Nigeria’s infrastructure gap.
The forum commenced with a keynote presentation by Ayuli Jemide, Lead Partner at DETAIL and the leading Infrastructure lawyer in Nigeria; followed by panel discussions with renowned industry experts, namely: Opuiyo Oforiokuma, CEO/MD ARM-Harith Infrastructure Investment Ltd; Wale Shonibare, Deputy Group CEO/MD, United Capital Plc; Olufunke Jones, Head, Power & Energy, Ecobank Nigeria Plc; Hakeem Olopade, Executive Director, Projects, The Infrastructure Bank Plc; and Tonna Ejiofor, Vice President, Project and Structured Finance, FBN Capital Ltd.
Click here to read more
DETAIL’S RECOMMENDATIONS TO THE NIGERIAN GOVERNMENT FEATURE IN THE POWERING AFRICA: NIGERIA OFFICIAL POST SHOW REPORT
1. achieving cost reflective tariffs;
2. promoting a competitive gas market to ensure availability of ample gas supply;
3. eliminating regulatory hurdles and streamlining licensing processes for power project development;
4. providing guarantees in the mid-term whilst the liquidity issues in the sector are being resolved;
5. establishing a more predictable regulatory regime with bodies having defined duties which do not overlap;
6. providing clarity on government’s policy in relation to transmission; and
7. promoting a diverse energy mix to increase power generation, provide grid stability and exploring more eco-friendly power generation e.g. solar.
To download the full post-show report, please click here
AYULI JEMIDE TO SPEAK AT THE ANGOLA TRADE & INVESTMENT FORUM
DETAIL HOSTS PRESENTATION BY UK EXPORT FINANCE ON FINANCING SUPPORT AVAILABLE TO BUYERS OF UK GOODS
On Thursday, 15th October, 2015, Detail Commercial Solicitors (DETAIL), in collaboration with UK Trade and Investment, Nigeria, hosted a presentation by the UK’s export credit agency, UK Export Finance (UKEF). The presentation was delivered by UKEF’s Director of the International Business Development Division, David Ludlow and provided an overview of financial support UKEF offers to businesses that purchase UK goods and services.
Ayuli Jemide, Lead Partner of DETAIL welcomed attendees in his opening remarks and highlighted the importance of the forum for information gathering on financing options available to Nigerian businesses and for fostering trade relations between Nigeria and the UK.
Click here to read more
AYULI JEMIDE, DETAIL LEAD PARTNER TO GIVE OPENING REMARKS AT A PRESENTATION BY THE UK’S EXPORT CREDIT AGENCY, UK EXPORT FINANCE (UKEF)
On Thursday, 15th October, 2015 from 10am – 12noon, DETAIL, in collaboration with the UK Trade & Investment, Nigeria, will host a presentation by the UK’s export credit agency, UK Export Finance (UKEF).
Ayuli Jemide, Lead Partner, DETAIL will give the welcome address and introduce David Ludlow, Director, International Business Development Division, UKEF, who will give an overview of the UKEF offerings and products.
UKEF has over 100 years’ experience in helping overseas borrowers finance purchases from UK suppliers by either lending directly or guaranteeing a loan from a commercial bank.
AYULI JEMIDE, DETAIL LEAD PARTNER, MODERATES A SESSION AT THE REAL ESTATE UNITE CONFERENCE HELD 29-30 SEPTEMBER, 2015
Ayuli Jemide, DETAIL Lead Partner, served as the moderator for a panel session of the Real Estate Unite Conference held on the 30th September, 2015 at Eko Hotel & Suites, Lagos. Guided by the theme, “Connecting the D.O.T.S in Africa’s Real Estate,” the conference engaged industry players in a dialogue on “Drivers, Opportunities, Transformation and Sustainability” in Africa’s real estate market.
As moderator for the Opportunities Plenary Session, Ayuli Jemide steered a frank discussion among panelists and audience members on possible opportunities in the real estate sector in the midst of housing deficits and infrastructure shortages. The panelists highlighted the need to boost the medium-to-low end housing market by making available more financing opportunities for first time home buyers, which in the long run, will lead to sustainable real estate development. It was also emphasized that providing affordable housing will require setting in place adequate transportation infrastructure.
To wrap up the session, Ayuli Jemide emphasized that government officials should be engaged as speakers at future Real Estate Unite conferences to provide insight on the government’s agenda for addressing housing deficits, urban planning and infrastructure development.
DETAIL PARTNER, DOLAPO KUKOYI SPEAKS AT THE POWERING AFRICA: NIGERIA MEETINGS HELD 14-15 SEPTEMBER, 2015
DETAIL Partner, Dolapo Kukoyi, spoke at the Powering Africa: Nigeria meetings held on the 14 – 15 September, 2015 at Transcorp Hilton, Abuja. The conference theme was “Maintaining Momentum in Nigeria’s Power Sector”. Joining a panel at the session of the conference entitled “Releasing Private Sector Capital for Investment in the Power Sector,” Dolapo shared pertinent views on the current limitations that hinder the bankability of power projects. One of such limitation is that although the sector industry agreements have been executed with the privatized PHCN generation and Distribution companies, there is not yet a track record to show how the contracts actually work. With the Transitional Electricity Market now declared open, the Industry Agreements need to build operational momentum; therefore, investors will need to exercise patience to see how the agreements operate in order to identify the related risks and better plan to manage such risks.
Another limitation Dolapo raised during her remarks is the lack of guarantees on rate of returns. The Nigeria Bulk Electricity Trader and other government entities are not willing to provide the guarantees which investors need. This remains a gap which will need to be deliberated between the Nigerian government, commercial banks, development finance institutions and private investors to come up with creative solutions.
Dolapo also served as moderator for the session of the conference entitled “Nigeria’s Energy Mix and the Participation of IPPs,” navigating a lively discussion on harnessing diverse energy sources in Nigeria, including gas, coal, hydro, solar, and other renewables. The discussions also highlighted factors influencing a successful energy mix, which include sources of finance, cost efficiency, geographic availability of energy source, and legal and regulatory requirements.
DETAIL HOSTS THE PRE-MEETING DRINKS RECEPTION FOR POWERING AFRICA: NIGERIA
DOLAPO KUKOYI SPEAKS AT THE NIGERIAN ELECTRICITY MARKET & SYSTEM OPERATOR WORKSHOP ON INTERPRETATION & UNDERSTANDING OF THE NIGERIAN TRANSITIONAL ELECTRICITY MARKET RULES
Dolapo Kukoyi will be speaking on the Contracts Value Chain in the Transitional Electricity Market.
Please click here to read more or register for the workshop
DETAIL WILL BE HOSTING THE 4TH DETAIL BUSINESS SERIES ON BUILDING COMPETITIVE ADVANTAGE IN FAST MOVING MARKETS BY IE BUSINESS SCHOOL. WEDNESDAY 13TH MAY 2015
As markets mature and competition increases, businesses are faced with some tough decisions. Continue as they are – with increasing price pressure and an inevitable fall in profits – or launch into new areas of business? If they are bold enough to do the latter, how do they know which new markets to enter and what that requires?
During this workshop, we will investigate the nature of Competitive Advantage and the extent to which a business can create unique and sustainable advantages over competitors. What are the attributes that can make a business stand out from the rest? Are these attributes that they currently have, or are they things which they need to acquire? And most importantly, to what extent can any advantage be sustainable?
As we shall see, even the most traditional businesses are beginning to realise that their continued success is dependent more on their so-called ‘softer’ aspects than on the technical and operational. It is the staff and customers that make any business, inevitably underpinned (or is that undermined!) by culture. The ‘how’ we do things and the ‘why’ we do them have become more important than ‘what’ we do or ‘where” we do them.
Please click here to read more
DETAIL RECEIVES CENTURY INTERNATIONAL QUALITY ERA AWARD
On the 9th of March, Detail Commercial Solicitors was presented the Century International Quality ERA (CQE) Award of Business Initiative Directions (B.I.D) in the Gold Category. This award is presented in recognition of those companies or organizations in different countries throughout the world that further their reputation and position by implementing and promoting quality culture.
This award was presented to Detail Commercial Solicitors in recognition of three core values which the firm continuously promotes in client services which are innovation, technology and good management.
DETAIL COMMERCIAL SOLICITORS CO-SPONSORS INVESTING IN NIGERIA SYMPOSIUM AT DRAPERS HALL, LONDON
Developing Markets Associates (DMA) and Homestrings hosted the ‘Investing in Nigeria’ symposium on March 7th at Drapers’ Hall in London. which was co-sponsored by Detail Commercial Solicitors (DETAIL) specifically DETAIL hosted the pre-event dinner attended by a number of the participants including the British High Commissioner, Chief Executive of Diamond Bank, and Chief Kolapo Lawson, Chairman of Agbara Estates . This event is the second in the DMA –Homestrings’s Diaspora. The essence of the symposium was to showcase the latest exciting investment opportunities in Nigeria. The event was attended by Nigerians in the diaspora, institutional investors, government agencies and development finance institutions. Highlighted at the event were direct investment opportunities in key sectors including: Transportation & Infrastructure; Power & the Extractive Industries; Healthcare, Education & Agri-business and Commercial and Residential Real Estate and Construction.
Projects were presented by Kohath Investment Group, Land Afrique Agro Limited, UPDC, Crystal Thorpe Limited, First Deepwater Discovery, Orient Petroleum Resources, Savannah Gold, Pearl and Energy, Davandy Group, Venture Garden Group, Debonair Devices and Sosai Renewable Energies. Presentations were also made by representatives from the African Development Bank, Oyo State, Ondo State, Rivers State and Ogun State.
AMCON’S DIVESTMENT OF INTEREST IN THE BRIDGE BANKS
“The 1st edition of the Detail Business Series event tagged “AMCON’s divestment of interest in the Bridge Banks” was held on the 20th, February 2014.
The event was centered on the process through which the Asset Management Corporation of Nigeria (AMCON) was divesting of its shareholding in Enterprise Bank and learning curves which will be carried forward into the sale of shares in Nigeria’s other two bridge banks (Main Street Bank and Keystone Bank).
The Key Speaker at the event was Mr Mustafa Chike- Obi – (MD of AMCON) and the event was anchored by Mrs Toyin Sanni (UBA Group CEO) and DETAIL’s Lead Partner Mr Ayuli Jemide. The AMCON Boss spoke on various issues aside from the divestment process including; the Status of the Amcon Bonds, amendments to the Amcon Act as well as the current status of the Non-Performing Loans that have been acquired by AMCON.
The focus of the event was to gather key stakeholders and decision makers in the Banking industry and the program was well attended.”
SEMINAR ON FINANCING AND STRUCTURING POWER PROJECTS IN NIGERIA
REFINANCING ASSETS IN THE NIGERIAN POWER SECTOR
On Thursday 13th March 2013, Detail Commercial Solicitors held the 2nd edition of the Detail Business Series. The theme of the Business Series was “Refinancing Assets in the Nigerian Power Sector”. This topic was considered timely in the light of the recent privatization on the PHCN generation and distribution assets concluded in November 2013 as well as the current privatization of the 10 NIPP power generation companies.
Discussions were driven on a commercial and industry level by a Finance and Industry Panel. The Finance Panel deliberated on the “Considerations in refinancing the privatized power assets” and was constituted by Mr. Patrick Mgbenwelu (FBN Capital), Mr. Abiodun Aina (International Finance Corporation), Mr. Opuiyo Oforiokuma (ARM Infrastructure), Mr. Daniel Muller (Global Emerging Markets) and Mr. Eluma Obibuaka (Africa Finance Corporation). This panel was anchored by Mrs. Ifeyinwa Azubike, an Associate Partner at Detail.
The second panel deliberated on the “Industry and regulatory expectations in refinancing the privatized power assets”. This Industry Panel was constituted by Dr. Victor Okoro (Nigerian Electricity Regulatory Commission) who was representing Dr. Sam Amadi, Mr. Nnaemeka Ewelukwa (Nigerian Bulk Electricity Trading Company) who was representing Mr. Rumundaka Wonodi, Mr. Micheal Tarney (CEC Africa Plc, the investors in Abuja Disco and Shiroro Genco) and Mrs. Rahila Thomas (AF- Mercados EMI). The panel was anchored by Mrs. Dolapo Kukoyi, Partner and Head of the Power Practice at Detail.
The Business Series was well attended by over 60 participants including power sector asset holders, financiers, banks, legal, technical and financial advisers and consultants. The Business Series addressed the key commercial considerations in securing refinancing for power sector assets as well as the regulatory concerns arising from refinancing and the general expectation of stakeholders in the power sector
DETAIL CO-FACILITATES SESSION WITH BRITISH EXPERTISE IN LONDON
Click here to download his presentation.
Click here to download her presentation.
DETAIL COMMERCIAL SOLICITORS HAS RECEIVED 2 WORLD FINANCE AWARDS
NERC & DETAIL ORGANISE A WORKSHOP ON EMBEDDED GENERATION FRAMEWORK IN THE NIGERIAN ELECTRICITY SUPPLY INDUSTRY
The Nigerian Electricity Regulatory Commission (NERC) and Detail Commercial Solicitors, Lagos successfully organised a workshop on the 15th of November, 2012 in Lagos that provided participants with an insight into the embedded generation framework in the Nigerian Electricity Supply Industry. The workshop was put together following the release of Regulations on Embedded Generation earlier in the year by NERC. Click here to download the presentations at the workshop.
DETAIL AND AIQ CAPITAL HOST NIGERIA BUSINESS OPPORTUNITIES ROAD SHOW IN JOHANNESBURG
DETAIL Commercial Solicitors and AIQ Capital Management Limited hosted the Nigeria Business Opportunities Road Show in Johannesburg, South Africa on Friday, September 14, 2012. Click here to download presentation slides for the event.
DETAIL ADVISES FCDA ON $386.6 MILLION PUBLIC-PRIVATE PARTNERSHIP CONTRACT
DETAIL Commercial Solicitors advised the Federal Capital Development Authority (FCDA) on the review of the PPP. Read Article
DETAIL AND ADDLESHAW GODDARD HOSTS UK BRIBERY ACT SEMINAR
DETAIL Commercial Solicitors and Addleshaw Goddard LLP, in conjunction with the British Deputy High Commission in Lagos, hosted a Seminar on the UK Bribery Act and the implications for business in Nigeria. The UK Bribery Act 2010, which comes into force on the 1st of July 2011, introduces a wide reaching, new anti-corruption framework for the UK. These extra-territorial provisions of the Act have implications for any commercial organisation carrying on business in the UK or those with UK connections. Business Entities may be prosecuted under the Act regardless of where the bribery takes place, and in addition to inevitable reputational damage, could face potentially significant fines or term of imprisonment of up to 10 years.
DETAIL ADVISES ON HEINEKEN’S 5 BREWERY ACQUISITION
DETAIL EMERGES REAL ESTATE TEAM OF THE YEAR
DETAIL Commercial Solicitors won the “Real Estate, Property & Construction Team of the Year” Award at the Nigerian Legal Awards, held on 9th December 2010. DETAIL’s Real Estate team, led by one of its Partners, Yemisi Ogbuaku – was recognized for its renowned practice which spans across: acquisitions; finance; planning; trusts; development and construction.
DETAIL IFLR RANKING
For more on this story, click on the following link:http://www.iflr1000.com/JurisdictionFirm/4176/129/Detail-Solicitors.html#Jurisdiction90
DETAIL SOLICITORS HOST PRE-BRIEFING COCKTAIL PARTY
DETAIL Solicitors hosted a pre-event Cocktail reception for the ICRC on PPP Opportunities in Nigeria, on the 23rd of June 2010, at the Temple Garden Swissotel the Howard London.
DETAIL SOLICITORS SUPPORTS THE INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ICRC) LONDON BRIEFING ON PPP OPPORTUNITIES IN NIGERIA
DETAIL Solicitors joined other prominent organisations, including The UK Trade Investment (UKTI), Standard Chartered Bank (London), British Expertise, and The International Project Finance Association (IPFA), at the Standard Chartered Bank in London on 24th of June 2010. Read Article
DETAIL ACTS AS SOLICITOR TO THE TRUSTEE IN THE KADUNA STATE N8.5 BILLION DEVELOPMENT BONDS ISSUE
All processes for the insurance of the N8.5 Billion Kaduna State Development Bonds have been completed. At a 12.5% Fixed Rate, this bonds issue matures in 2015 and is the first tranche of the State’s N15 Billion Bond Issuance Programme. Read Article