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Global Leader

Energy 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Stella Duru is internationally renowned for her excellence when it comes to handling high-value transactions across the energy and natural resources sector.

Biography

Ms Stella Duru is one of six female partners in Banwo & Ighodalo (B&I), and currently the only female partner in the firm’s energy practice group. Stella holds a bachelor’s degree in law from the University of Lagos, where she served as vice president of the Law Society, and was admitted to the Nigerian Bar in 2001. That year Stella began her law career at B&I, where she undertook her mandatory one-year national service; she was then retained as an associate at the firm and after two years became a team leader. A couple of years later, following a rigorous selection process involving lawyers working in-house, in private practice and at government agencies across the continent, Stella was named the best candidate in Africa and was enrolled on to the nine-week visiting lawyer internship at Edward Nathan Pty Ltd in Johannesburg. Stella was successively promoted to counsel and counsel at B&I, before her admission to the partnership on 1 March 2012.

Stella’s core areas of practice are energy and natural resources, project finance, corporate finance, corporate and commercial law, and mergers and acquisitions. In her 18 years at B&I, Stella Duru has advised several local and multinational entities on matters pertaining to the legal and regulatory framework for doing business in Nigeria.

Stella is a member of the Nigerian Bar Association, the International Bar Association (section on energy and natural resources law), and the Association of International Petroleum Negotiators. She is also an associate of the Nigeria Leadership Initiative (affiliated with the Aspen Institute) and WimBiz, an association of women in management, business and public service.

Project Finance 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Stella Duru gains plaudits for her "really strong expertise in the projects arena". Her negotiation skills attract further commendation.

Biography

Ms Stella Duru is one of six female partners in Banwo & Ighodalo (B&I), and currently the only female partner in the firm’s energy practice group. Stella holds a bachelor’s degree in law from the University of Lagos, where she served as vice president of the Law Society, and was admitted to the Nigerian Bar in 2001. That year Stella began her law career at B&I, where she undertook her mandatory one-year national service; she was then retained as an associate at the firm and after two years became a team leader. A couple of years later, following a rigorous selection process involving lawyers working in-house, in private practice and at government agencies across the continent, Stella was named the best candidate in Africa and was enrolled on to the nine-week visiting lawyer internship at Edward Nathan Pty Ltd in Johannesburg. Stella was successively promoted to counsel and counsel at B&I, before her admission to the partnership on 1 March 2012.

Stella’s core areas of practice are energy and natural resources; project finance; corporate finance; corporate and commercial law; and mergers and acquisitions. In her 18 years at B&I, Stella Duru has advised several local and multinational entities on matters pertaining to the legal and regulatory framework for doing business in Nigeria.

Stella is a member of the Nigerian Bar Association, the International Bar Association (section on energy and natural resources law) and the Association of International Petroleum Negotiators. She is also an associate of the Nigeria Leadership Initiative (affiliated with the Aspen Institute) and WimBiz, an association of women in management, business and public service.

National Leader

WWL Ranking: Recommended

WWL says

Stella Duru is one of the foremost energy practitioners in the Nigerian market, with profound knowledge of oil and gas transactions and energy projects. 

Biography

Stella is a Partner in Banwo &Ighodalo (B&I)’s Energy & Natural Resources Practice Group. She obtained her law degree from the University of Lagos and was called to the Nigerian Bar in January 2001; she joined B&I shortly afterwards and was admitted into the firm’s partnership in 2012. She is a consummate professional with excellent mastery of the entire value chain of energy projects and almost twenty (20) years of cognate experience advising on a broad range of transactions including Power, Infrastructure, Project Finance, Oil & Gas, Mergers & Acquisitions and Corporate Commercial transactions within the energy sector.

Stella has deep experience in oil, gas and power projects in Nigeria and has indeed been involved in World Bank sponsored work streams advising on the power sector reforms in Nigeria. Stella was actively involved in several of the power privatization transactions, and presently leads multiple teams advising on several transactions within the power sector, including infrastructure projects in the generation and distribution segments of the Nigerian Electricity Supply.

Stella continues to advise on transactions along the entire value chain of generation, transmission and distribution; as well as on deals pertaining to IPPs, off-grid and on-grid solutions to the power deficit in Nigeria. She is very passionate about monetizing and utilizing Nigeria’s natural gas resources in order to get Nigeria powered up.

Stella leads the team advising the acquisition of interest in a large Power Project from an unincorporated joint venture. She is also leading the team advising the on the privatization of one of the electricity generation companies in Nigeria.

Additionally, Stella leads the team advising a group of investors in a notable Free Trade Zone in Nigeria in connection with the establishment of a forty thousand (40,000) barrels per day hydroskimming plant and refinery. Similarly, Stella leads the team advising a gas utilization company in connection with the conceptualization, structuring, construction and operation of a Gas Processing Plant.

Stella authors articles in leading law publications as well as a key resource person for continuing legal education for young and aspiring lawyers. She is continually invited as a Speaker at different conferences and seminars in Nigeria and internationally, including conferences held at the prestigious Harvard Business School in Boston and Power Africa in South Africa.

Stella is a member of the Nigerian Bar Association, International Bar Association (Section on Energy and Natural Resources Law) and Association of International Petroleum Negotiators.

Stella is also an Associate of the Nigeria Leadership Initiative (a leadership development not-for-profit, affiliated with the Aspen Institute) as well as an Associate “WimBiz” (An association of Women in Management, Business & Public Service). Stella is a non-executive director on the board of Zedcrest Capital Group, which is a capital management firm. She is also a non-executive director on the boards of Zimvest Limited and RexelPay (both subsidiaries of Zedcrest Capital). She was recently appointed as a member of the Council of the Section of Business Law of the Nigerian Bar Association.

Nigeria - Project Finance 2020

Professional Biography

WWL Ranking: Recommended

WWL says

Stella Duru is looked upon with enormous favour thanks to the top-tier counsel she delivers to clients on financings and projects in the energy and natural resources sector.

Biography

Stella is a Partner in Banwo &Ighodalo (B&I)’s Energy & Natural Resources Practice Group. She obtained her law degree from the University of Lagos and was called to the Nigerian Bar in January 2001; she joined B&I shortly afterwards and was admitted into the firm’s partnership in 2012. She is a consummate professional with excellent mastery of the entire value chain of energy projects and almost twenty (20) years of cognate experience advising on a broad range of transactions including Power, Infrastructure, Project Finance, Oil & Gas, Mergers & Acquisitions and Corporate Commercial transactions within the energy sector.

Stella has deep experience in oil, gas and power projects in Nigeria and has indeed been involved in World Bank sponsored work streams advising on the power sector reforms in Nigeria. Stella was actively involved in several of the power privatization transactions, and presently leads multiple teams advising on several transactions within the power sector, including infrastructure projects in the generation and distribution segments of the Nigerian Electricity Supply.

Stella continues to advise on transactions along the entire value chain of generation, transmission and distribution; as well as on deals pertaining to IPPs, off-grid and on-grid solutions to the power deficit in Nigeria. She is very passionate about monetizing and utilizing Nigeria’s natural gas resources in order to get Nigeria powered up.

Stella leads the team advising the acquisition of interest in a large Power Project from an unincorporated joint venture. She is also leading the team advising the on the privatization of one of the electricity generation companies in Nigeria.

Additionally, Stella leads the team advising a group of investors in a notable Free Trade Zone in Nigeria in connection with the establishment of a forty thousand (40,000) barrels per day hydroskimming plant and refinery. Similarly, Stella leads the team advising a gas utilization company in connection with the conceptualization, structuring, construction and operation of a Gas Processing Plant.

Stella authors articles in leading law publications as well as a key resource person for continuing legal education for young and aspiring lawyers. She is continually invited as a Speaker at different conferences and seminars in Nigeria and internationally, including conferences held at the prestigious Harvard Business School in Boston and Power Africa in South Africa.

Stella is a member of the Nigerian Bar Association, International Bar Association (Section on Energy and Natural Resources Law) and Association of International Petroleum Negotiators.

Stella is also an Associate of the Nigeria Leadership Initiative (a leadership development not-for-profit, affiliated with the Aspen Institute) as well as an Associate “WimBiz” (An association of Women in Management, Business & Public Service). Stella is a non-executive director on the board of Zedcrest Capital Group, which is a capital management firm. She is also a non-executive director on the boards of Zimvest Limited and RexelPay (both subsidiaries of Zedcrest Capital). She was recently appointed as a member of the Council of the Section of Business Law of the Nigerian Bar Association.

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