Region: Nigeria

Nigeria passes new arbitration law and allows funding

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

Recent US law developments on sovereign immunity

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

Chinese investor takes Nigeria award to DC

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

Baker Hughes sees award upheld in Nigerian LNG plant dispute

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 fights to reverse Chinese investor’s treaty win

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

Nigerian oil trader seeks injunction against Ivorian state entity

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

Lagos centre’s award against Nigeria lands in DC

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

Shell to shell out in Nigerian oil spill dispute

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

Nigeria in new ICC dispute over hydro project

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

Eni gets discovery from funder for Nigerian corruption dispute

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

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