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3 New Articles
  • 46 minutes ago 12 June wounds and Nigeria’s search for closure
  • 2 hours ago World Bank earmarks $40m loan to protect poor Nigerians
  • 2 hours ago Reps summon Edun, Cardoso over Fiscal Act breach
Home Tag Archives: $11bn debt

Tag Archives: $11bn debt

Business

$11b debt: Nigeria wins case against P&ID; Tinubu commends UK court for ‘prioritising merit’

By Breezynews
23 October 2023
in :  Business
0
69

Justice Robin Knowles of the Commercial Courts of England and Wales, United Kingdom has ruled in favour of Nigeria in the enforcement of a $11 billion Process & Industrial Developments (P&ID) Limited arbitration award. With the judgement handed down physically in the open court, and electronically by email to the parties on Monday, Nigeria succeeded in stopping the enforcement of …

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