Region: Nigeria

Practitioners in Nigeria are celebrating after the country passed a new arbitration and mediation law including new provisions on arbitrator immunity, interim measures and third-party funding.

16 May 2022

Eversheds Sutherland's Will O’Brien and Ulyana Bardyn consider recent US law developments on sovereign immunity in the P&ID v Nigeria case.

24 March 2022

A Chinese company has applied to a US court to enforce a US$70 million UNCITRAL award against Nigeria over a joint venture to develop a free trade zone near Lagos – thought to be the first investment treaty win by an investor from mainland China against an African state.

26 January 2022

A Luxembourg company has failed to revive a US$763 million ICDR claim against US oilfield services group Baker Hughes over a liquefied natural gas project in Nigeria.

19 November 2021

Nigeria has asked a UK court to overturn the first known investment treaty award won by a mainland Chinese investor against an African state, in a dispute over a soured joint venture to develop a free trade zone near Lagos.

13 September 2021

A Nigerian oil trader has sought to block Ivory Coast’s national energy company from enforcing a Paris-seated ICC award in a US$380 million dispute over former Chevron assets.

27 August 2021

An engineering company that was hired to combat gully erosion in Nigeria has asked a US court to enforce an award against the state, which was issued by an arbitral institution in Lagos.

26 August 2021

Royal Dutch Shell has agreed to pay US$112 million to Nigeria in compensation for oil spills in the Niger Delta over 50 years ago – as an ICSID case that reportedly relates to the same environmental liabilities remains pending.

18 August 2021

UPDATED: Nigeria is reportedly facing a new ICC claim worth US$400 million after allegedly reneging on a settlement intended to resolve a prior arbitration over a major hydropower project.

19 May 2021

A US court has allowed Italian oil producer Eni to obtain evidence from a third-party funder for use in an ICSID case against Nigeria over the state’s allegations the company paid millions in bribes to secure rights to an oil field.

23 March 2021