P&ID: UK Court Reverses $11bn Award Against Nigeria
Nigeria has finally succeeded in stopping the enforcement of the $11 billion arbitration award in favour of Process & Industrial Developments (P&ID)
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Nigeria has finally succeeded in stopping the enforcement of the $11 billion arbitration award in favour of Process & Industrial Developments (P&ID)
Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Federal Executive Council on Monday approved the application for a $3.45bn loan to
Nigeria on Monday hailed a landmark victory after it won its bid to overturn an $11 billion damages bill for a collapsed gas project, in a case a judge at London's High Court said exemplified the ravages of greed and corruption.
The Economic and Financial Crimes Commission (EFCC) has applauded the dismissal of the arbitrary $6.6 billion judgment against Nigeria, won by the
The Federal Government has said it will demand damages from Process & Industrial Developments Limited, which lost its $11bn arbitration award against Nigeria on Monday in the United Kingdom.