- In recognition of our mergers & acquisition pedigree, the Firm was invited to the Technical Committee set up to assess the impact of the N25,000,000,000 (Twenty Five Billion Naira) banking sector recapitalisation directive on the Nigerian economy. B&I also rendered assistance to the CBN in drawing up the Banking Consolidation Guidelines, which facilitated the successful implementation of the consolidation within the banking industry between 2004 and 2006.
- Between 2009 and 2011, we conducted legal due diligence on the instructions of prospective investors on 8 out of the 10 banks found to be ailing following an industry-wide stress test by the CBN in 2009.