The newly sworn-in chairman of the Nigerian Bar Association Section on Business Law, Baba Alokolaro, has pledged to modernise business law practice in Nigeria and align transaction standards with global developments in technology and environmental, social and governance issues.<\/p>\n
Alokolaro, Managing Partner of The New Practice, was sworn in as the 10th chairman of the NBA-SBL on August 27, 2026, in Port Harcourt, Rivers State, during the 66th annual conference held recently.<\/p>\n
He succeeded Mrs Ozofu \u2018Latunde Ogiemudia, under whom he served as vice chairman for two years, and will lead the section for the 2026\u20132028 term.<\/p>\n
The NBA-SBL was established in 2004 under its pioneer Chairman, George Etomi, and serves as a platform for business law policy, professional practice development and engagement among the legal profession, government, regulators and the private sector.<\/p>\n
Speaking on his priorities, Alokolaro said the section would continue with efforts to modernise business law practice while preparing younger lawyers for the changing demands of the profession.<\/p>\n
He said, \u201cNigerian business law is at an inflexion point, and the SBL continues to focus on the real work ahead of it.<\/p>\n
\u201cMy priority over the next two years is to continue our efforts in modernising how we practise business law, bringing our transaction standards and engagement with technology and ESG in line with where global business law is heading, while making sure the shift brings our next generation of lawyers coming into this space along with it, not just the practitioners already established in it.\u201d<\/p>\n
Alokolaro also said he would work to strengthen the section\u2019s influence on investment and regulatory issues in the region.<\/p>\n
He said, \u201cBeyond that, I want the NBA-SBL\u2019s voice to continue to carry real weight in how the region thinks about investment and regulatory landscape.<\/p>\n
\u201cSo when businesses and investors look at Nigeria, what they will see reflects the seriousness and sophistication of how we actually practise here. That is the NBA-SBL standard and one I am holding myself to.\u201d<\/p>\n
Alokolaro heads the Corporate Finance and Business Advisory Groups at TNP, where he serves as Managing Partner.<\/p>\n
He previously served as Head of the Corporate Commercial Africa Service Line at Andersen Global, of which TNP is a collaborating firm.<\/p>\n
He obtained his LL.B from the University of Warwick in 1997 and LL.M from the University of East Anglia in 1998 before being called to the Nigerian Bar in 2001.<\/p>\n
Between 2007 and 2011, he served as General Counsel to the Lagos State Governor, advising on policy, strategic investments, infrastructure development, asset optimisation and concession arrangements.<\/p>\n
His areas of practice include finance, capital markets, infrastructure, private equity and mergers and acquisitions, with experience across the power, transportation, manufacturing, financial services and technology, media and telecommunications sectors.<\/p>\n
He is a member of the Nigerian Bar Association, International Bar Association and Chartered Institute of Arbitrators.<\/p>\n
The new chairman takes over from Ogiemudia as the latest in a succession of NBA-SBL leaders that includes Etomi, Mfon Usoro, Gbenga Oyebode, Asue Ighodalo, Olumide Akpata, Seni Adio, Ayuli Jemide and Adeoye Adefulu.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
The newly sworn-in chairman of the Nigerian Bar Association Section on Business Law, Baba Alokolaro, has pledged to modernise business law practice in Nigeria and align transaction standards with global developments in technology and environmental, social and governance issues. Alokolaro, Managing Partner of The New Practice, was sworn in as the 10th chairman of the […]<\/p>\n","protected":false},"author":14,"featured_media":92494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":["post-92493","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t