News & Insights

Commercial Arbitration in Nigeria, as in other jurisdictions, offers businesses and practitioners an alternative to litigation, promising speed, flexibility, and efficiency. However, the process can be challenging. Delays in enforcement, inconsistent court rulings,...

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 matter, the...

We are thrilled to announce that on July 1, 2024, the International Court of Arbitration of the International Chamber of Commerce (ICC Court) re-elected its President, Claudia Salomon, and announced the new ICC Court composition for the 2024-2027 mandate. Among the...

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...

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 an...

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 thirteenth...

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 fundamental principles...

Arbitration is a form of alternative dispute resolution where parties agree to resolve their disputes outside of court with the assistance of one or more arbitrators. The process is valued for its potential to offer a quicker, more confidential, and often less...

Arbitration is a form of alternative dispute resolution where a neutral third party, known as an arbitrator, resolves disputes between parties outside of court. This method is favoured for its confidentiality, speed, and efficiency compared to traditional litigation....