Arbitration in Nigeria: Ayisagi, Readiness, and Stay of Proceedings

The Court of Appeal’s decision in Ayisagi (Nig.) Ltd. v. S.B.&F. (Nig.) Ltd. (2024) 6 NWLR (Pt. 1933) 57 raised important questions about a party’s right to a stay of court proceedings based on their readiness to proceed with arbitration.  In this...

AfCFTA: Navigating Cross-Border Disputes

The African Continental Free Trade Area (AfCFTA) marks a significant step in uniting 54 out of 55 African Union (AU) nations under one economic umbrella. The initiative aims to establish a unified market, promoting the free flow of goods and services to enhance...

Arbitration in Nigeria: Insights from NNPC v Fung Tai

In the defining case of NNPC v. Fung Tai Eng. Co. Ltd. (2023) 15 NWLR (Pt. 1906) 117, the Supreme Court of Nigeria delivered a judgment of significant importance to the nation’s arbitration landscape. The decision stems from a dispute over the non-fulfilment of...

Singapore Convention on Mediation: Nigeria’s New Milestone

Nigeria’s recent ratification of the United Nations Convention on International Settlement Agreements Resulting from Mediation, better known as the Singapore Convention on Mediation, marks a major step in its legal and trade history. Officially becoming the...

Best Practices in Arbitration

In this final instalment of the “Understanding Arbitration: A Guide for Businesses” series, we focus on the essential strategies for a successful arbitration experience for users. Through the preceding discussions, we’ve navigated arbitration’s...