The Economic and Financial Crimes Commission (EFCC) was established in 2003 in response to the pressure from the Financial Action Task Force on Money Laundering (FATF), which named Nigeria amongst…
There has been an increase in the use of Arbitration process in Nigeria to resolve complex commercial disputes. The resurgence in the use of arbitration process in Nigeria is as…
On account of our colonial experience, the courts have been the main forum for the resolution of disputes in Nigeria. However, due to the exigencies of commercial transactions and the…
Arbitral Awards As Sovereign Debt Risks: Impact of P&ID and EURAFIC Cases Background Deriving from the sovereignty principle, sovereign debt literary refers to how much a country’s government owes. Often…
Debt Recovery Strategies in Nigeria: A Guide for Banks and Other Business Entities It is not unusual for banks and other financial institutions in the business of advancing loans for…
A National Policy on Arbitration in Nigeria – A publication of the Arbitration and Dispute Resolution Practice Group of Olisa Agbakoba Legal I. INTRODUCTION Nigeria generates a significant volume of…
The need for a National Arbitration Policy comes on the back of the recent enforcement order relating to the sum of US$9, 000, 000, 000 (Nine Billion US Dollars) made…
Alternative Dispute Resolution in Nigeria is not a new field. Without doubt, disputes are invariable and recurring decimal in human and commercial interactions. Thus, the need for effective dispute resolution…
There is currently a bill before the National Assembly for the amendment of the Arbitration and Conciliation Act (ACA) 1988. The Arbitration and Conciliation Act (Repeal and Re-enactment) Bill (The…
Arbitration in Nigeria continues to experience an upward spiral as an effective dispute resolution mechanism adopted by parties engaged in contemporary commerce. Presently, there is a widespread practice of embedding…
