• Thursday, March 28, 2024
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ǼLEX welcomes two new partners

NGOZI EFOBI (1)

Two female practitioners, Ngozi Efobi and Perenami Momodu have recently been admitted into the Partnership of one of Nigeria’s largest firms, ǼLEX, bringing the number of its partners to 11.

In a recent announcement, the firm expressed delight at the admission of Efobi and Momodu into its partnership, stating that the promotion of both women (drawn from the firm’s dispute resolution practice),was in keeping with its commitment to expanding opportunities for its people and providing first-rate representation for its clients.

Ngozi has over 11 years of experience in Dispute Resolution (Litigation, Commercial Arbitration and Mediation) and Project Finance, Company Secretarial and Regulatory Compliance. She successfully represented a Nigerian oil concern with major offshore shareholding in two rounds of multi-party arbitrations involving several other IOCs. A graduate of the Nnamdi Azikiwe University. She has been recognised by the International Financial Law Review (IFLR1000) as a Rising Star.

Perenami who has a post graduate certificate in International Business law, master’s in law (LLM), as well as a diploma in International Environmental & Natural Resources Law, from the University of London, has over 10 years of broad-based expertise in Dispute Resolution (Litigation and Commercial Arbitration), Insolvency, Energy, Agriculture and Labour Law.

She is currently leading the team handling a portfolio of matters arising out of the privatisation & bid process, ownership and title of one of Nigeria’s major enterprises. In 2019, she received a Special Recognition Award from the Vice-President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, for her involvement with the proposed insolvency reforms in Nigeria.

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Her other successes include team-lead on a team that successfully represented an exploration and production company in an arbitration pertaining to assignment of interest and cost recovery in a marginal field to the tune of about US$40 million, and being part of a team representing an investment and asset company in litigations relating to capital market disputes at the Securities and Exchange Commission and appeals at the Supreme Court. Clients have described her as an experienced negotiator and an “out of the box” thinker.

Commenting on their promotion, ǼLEX’s Managing Partner, Theophilus Emuwa said, “I am proud to welcome Ngozi and Perenami into the firm’s partnership. Over the years, their expertise, diligence and commitment to delivering excellent client service have contributed immensely to the firm’s success. I am positive that they will continue to embody the values that ǼLEX stands for and wish them the very best as they take on their new roles.”

ǼLEX is known for its global commercial and political awareness and extensive network of associations and contacts. The firm also has in-depth local knowledge that provides insight for international clients seeking to establish, operate, and grow commercial entities in Nigeria and Ghana. The firm is ranked as firm of the year 2019, 2017, 2016, 2015, 2011 & 2009 for Nigeria by (Who’s Who Legal).