Mfonobong Ukpe

Associate Partner/Head Corporate Practise

Mfonobong Ukpe specialises in banking, financial technology, capital markets, energy and contract management work, primarily in the infrastructure sector, finance and restructuring.

Mfonobong Ukpe​ Associate Partner /HCP​ at Manifield Solicitors

Our Clients

About Mfonobong Ukpe

Mfonobong Ukpe is a seasoned legal practitioner and the Associate Partner & Head of Corporate Practice at Manifield Solicitors. With a focus on banking, financial technology, capital markets, energy law, and contract management, Mfonobong delivers strategic legal counsel to financial institutions, fintech startups, infrastructure companies, and energy firms.

He brings over a decade of experience advising high-value, complex transactions across Nigeria’s finance and corporate sectors. His deep understanding of both legal structure and business strategy positions him as a trusted advisor to banks, sponsors, and corporate stakeholders.

Selected Project Highlights

Mfonobong has led or advised on several landmark projects, including:

  • NIBSS (Nigeria Inter-Bank Settlement System) – IP advisory on 100+ proprietary products worth $250M+, BVN Licensing, Afrigocard deployment, and PAPSS integration.

  • WTES Projects – Legal advisory on the acquisition of Verdant Microfinance Bank and negotiations with Safari China and Union Pay.

  • Bud Telecoms & Sparkwest – Investment structuring for the Lagos Smart City Project.

  • Princeps Holding – Oversight of the Mystash.ng acquisition, refinancing, and a ₦700M Series B Funding round.

  • Source Bank – Full legal setup and licensing advisory.

  • Calcot Technologies (UK) – IP security for the DIGISIGN platform.

  • Emval Nigeria – Consortium negotiation with Friburge Oil & Gas for upstream and downstream projects.

  • Afrexim Bank – Integration legal support with NIBSS into PAPSS (Pan-African Payment and Settlement System).

Mfonobong also offers legal counsel to leading fintechs such as Budpay, Credit Wallet, Deduckt, Source Bank, and DigiSign.

Other highlights about Mfonobong

Areas of Expertise

  • Corporate Finance & Restructuring
  • Banking & Peer-to-Peer Lending

  • Capital Markets & Regulatory Compliance

  • Fintech Law & Payment Systems

  • Infrastructure & Energy Transactions

  • Corporate Governance & Contract Management

  • Foreign Direct Investment (FDI)

Practice Approach

With a business management background, Mfonobong strikes the perfect balance between legal compliance and commercial value. His negotiation skills and deep regulatory knowledge make him an invaluable resource for organisations navigating high-stakes transactions.

Education

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