Aluko and Oyebode Law Firm Announces Strategic Leadership Changes

Sunday Okobi

Aluko and Oyebode Law Firm has announced key leadership changes that underscore its deep bench of legal talent and continued commitment to growth and excellence.

In a statement issued and made available yesterday, it noted that after four transformative years, Kofo Dosekun has stepped down as the firm’s first female chairman.

The statement also noted that she played a foundational role in building and leading the corporate, commercial and banking, and finance practices, and has been central to the firm’s rise to becoming Nigeria’s leading law firm.

It revealed that she was a trailblazer and highly respected figure in Corporate and Commercial Law.

Adding that Kofo will remain at the firm, joining Founding Partner, Gbenga Oyebode, as a counsel.

Recognised as an Eminent Practitioner in Chambers Global 2025, the statement noted  her tenure has significantly advanced the firm’s reputation for diversity, forward-thinking leadership, and exceptional client outcomes.

Dosekun said: “It has been an honour to help shape the growth of Aluko and Oyebode, and to contribute to the firm’s reputation as Nigeria’s leading law firm. I look forward to supporting the new leadership team as they take the firm to new heights—driven by excellence, innovation, and an unwavering commitment to our clients.”

 Olubunmi Fayokun, who succeeds Kofo as chairman, is a distinguished senior partner with four decades of experience advising top-tier domestic and international clients. Listed in both the Legal500 Hall of Fame and the IFLR1000 Women Dealmakers Hall of Fame, she is widely recognised as a market leader in Corporate Commercial Law, Capital Markets, Mergers and Acquisitions, and Financial Services.

Fayokun has led several impactful, market-defining, and precedent-setting transactions, including Nigeria’s first Additional Tier 1 Eurobond, the demutualisation and listing of The Nigerian Stock Exchange (now Nigeria Exchange Limited), and Diageo Plc’s divestment from Guinness Nigeria Plc.

She added: “I am excited to take on this role at such a pivotal moment in the firm’s history. We are not just building on a strong legacy; we are shaping the future of legal practice in Nigeria. With a deep bench of talent and a relentless focus on excellence, we will continue to deliver bold solutions and enduring value to our clients across industries and borders.

“With Olubunmi, Adeolu, and Joke at the helm, Aluko and Oyeare are ideally positioned to lead the next era of legal practice in Nigeria and beyond.”

The post Aluko and Oyebode Law Firm Announces Strategic Leadership Changes appeared first on THISDAYLIVE.

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    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    James Emejo in Abuja

    The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in recent times.

    A day before, external reserves rose to $41 billion from $40.96 billion on August 18, 2025, showing less volatility over the past one month.

    Compared to about $40 billion, announced by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, as at July 18, external reserves had increased by about 2.62 per cent to date.

    The current movement in reserves represented the highest level recorded since December 3, 2021, and has continued to maintain the upward trajectory in recent weeks.

    Essentially, FX reserve movements are particularly crucial for economic stability, currency strength, import capacity, debt management, and overall investor confidence. Changes in the reserves could signal economic stress or health.

    Amid huge debt service obligations, and revenue challenges, the stability in external reserves movement, coupled with a marked deceleration in inflation rate as well as Naira’s relative stability offer renewed hope for the country about better days ahead.

    The development further attests to the position of the central bank’s management team that monetary policy actions have so far headed in the right direction.

    During the last MPC meeting in July, Cardoso had attested to the sustained stability in the foreign exchange market, accentuated by improved capital flows, earnings from increased crude oil production, rising non-oil exports and significant reduction in aggregate imports.

    He said, “That clearly is a reflection of the way that the international investors view the banking system, and I was again very privileged to have a conversation with a good number of them about three or four weeks before this listing took place.

    “And really and truly, a lot of interest, I must say, a lot of interest internationally, on putting money on the Nigerian financial system.

    “The key thing is that we as regulators will continue to play our part to ensure that the system and the players and the actors continue to do what we are doing, creating resilience, creating buffer, and, of course, playing by the rules, because that is so important for those who are looking to invest that they can believe and they trust in you.”

    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in
    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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