About Grey Shield Advisory

The Story Behind Grey Shield Advisory

From a single advisory practice in Lagos to one of Nigeria's most trusted multi-disciplinary firms — built on integrity, driven by outcomes, and committed to the long-term success of every client we serve.

Our Journey

The Grey Shield Advisory Story

From a single advisory practice to a multi-disciplinary firm trusted by leaders across Africa.

5 Milestones

Founded & Incorporated

Grey Shield Advisory was officially incorporated on 20 December 2019 in Abuja, FCT, with a clear mission: to provide Nigeria's ambitious businesses with the quality of advisory typically reserved for multinational corporations.

2019

First Major Engagements

Within our first year of operations, Grey Shield Advisory secured its first major client engagements across tax consultancy and business structuring — laying the foundation for a reputation built on rigour and honest counsel.

2020

Expanded Service Lines

We broadened our offering beyond strategic advisory to include Accounting Services, Business Compliance, and Operational Systems Design — creating a truly integrated advisory practice.

2022

Premier Advisory Recognition

Recognised as one of Nigeria's leading independent advisory firms, Grey Shield Advisory serves C-suite executives, family offices, and growth-stage companies across the country and the diaspora.

2023

FIRS Award of Excellence

Grey Shield Advisory was honoured by the Federal Inland Revenue Service (FIRS) with an Award of Excellence, recognising our outstanding contributions to tax compliance advisory and commitment to supporting Nigeria's revenue generation goals.

2025
Who We Are

Vision & Mission

Our Vision

To be the most trusted advisory firm for ambitious African businesses — the first call every founder, CEO, and board member makes when they face a pivotal decision. We envision an Africa where every growth-stage organisation has access to the calibre of strategic counsel that transforms potential into enduring, institutional-grade success.

13+ YearsTrusted Advisory

Our Mission

To deliver integrated, evidence-based advisory services that build the structural foundations for sustainable business growth. We are committed to rigorous analysis, honest counsel, and practical execution — helping our clients navigate complexity, optimise their structures, and achieve outcomes that outlast any single transaction or engagement.

100+ ClientsActive Relationships
Our Principles

Core Values

The beliefs that guide every engagement, every recommendation, and every relationship.

Integrity

We operate with unwavering honesty and transparency. Our counsel is always in the best interest of our clients, even when the truth is inconvenient. Trust is the currency of our business.

Excellence

We hold ourselves to the highest professional standards. Our work is rigorous, our analysis is thorough, and our deliverables are crafted to the level of quality that executive decisions demand.

Structure

We believe that the right structures — corporate, operational, and financial — are the foundation of sustainable success. We build clarity where there is complexity.

Trust

Our relationships are built on confidentiality, consistency, and commitment. Clients entrust us with their most sensitive business decisions, and we honour that trust completely.

Innovation

We continuously evolve our methodologies and embrace new thinking to deliver fresh perspectives and relevant solutions in a rapidly changing business environment.

Impact

We measure our success by the tangible outcomes our clients achieve. Every engagement is designed to deliver real, measurable improvement — not just well-crafted reports.

Our People

Leadership Team

Seasoned professionals who bring decades of cross-industry expertise to every client engagement.

DS

David Steve EtudayeCNA

Founder & Managing Partner

With 16+ years of experience in Accounting, Tax, Audit, Finance, and Business Management, David is a trusted advisor to businesses and individuals across Nigeria. He founded Grey Shield Advisory in 2019 with a mission to deliver institutional-quality advisory to ambitious businesses.

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Elizabeth Iveren Etudaye

Elizabeth Iveren EtudayeACIPM

HR & People Operations

A dedicated, people-focused HR professional specialising in HR Administration, Training & Development, Employee Relations, and People & Culture strategy. Elizabeth is driven by a mission to elevate employee experience, develop talent, and align people strategies with business goals.

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Advisory Team
Ogwuche Edward Onoja

Ogwuche Edward Onoja

Tax Consultant

A results-driven Accounting and Tax Professional with 8+ years of experience in taxation, auditing, financial advisory, and business support services. Currently pursuing a PhD in Taxation and Revenue Management, building on a strong academic and professional foundation.

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Theodora Chiedu

Theodora Chiedu

Finance & Data Analyst

A dedicated Finance and Data professional with expertise spanning Accounting and Data Analysis, known for managing high-volume financial data with precision and accuracy. Theodora combines strong foundational accounting skills with advanced data analytics capabilities.

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SA

Sunday Adejoh Solomon

Compliance Manager

A versatile, results-driven professional with a track record spanning auditing, accounting, operations management, and team leadership. Solomon supports financial statement preparation, audit procedures, regulatory compliance (TCC, NSITF, ITF, PENCOM), and regulatory research — consistently delivering accurate, compliant work that clients trust.

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Eche Ikechukwu Andrew

Eche Ikechukwu Andrew

Accountant

A detail-oriented accounting professional with over a decade of experience spanning Financial Management, Corporate Accounting, Taxation, Auditing, and Operational Oversight. Brings a proven track record of managing full-cycle accounting functions across diverse industries.

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“We exist because the most consequential business decisions deserve more than a generic framework. They deserve someone who understands the stakes — and has the courage to tell you the truth.”

Grey Shield Advisory was built on the conviction that African businesses deserve world-class advisory — rigorous, honest, and deeply committed to outcomes. We are not just consultants. We are partners in every decision that shapes the future of your organisation.
13+Years of Advisory
100+Client Relationships