The Commercial Court in London has ruled that Nigeria should be permitted to present arguments against the enforcement of a US$9 billion arbitral award despite having missed a filing deadline – citing the size of the damages and the “major impact” it could have for the country’s citizens and tax payers among other factors.

For more information, please see https://globalarbitrationreview.com/article/1179582/nigeria-wins-reprieve-to-contest-mega-award-in-london?gator_td=r%2fO6ZFKSAzqDWBt%2fmEhQKhUa5pmm7sbt1kOh37J94lThaM%2bJrlYQvg8lIgAoNN5dwsRFdpZ2Qfn%2fsBho1HKwo9g5oEgulTagIgjGxi7PVtr97tr20NKKUq8eBDeQ05GtYd2lb9J%2fMuj1Vh1LgES1omr0igzkJw5Oi%2b1FGuQGMgIGJXXqgvVK%2f8LOaGlrCSoElkl8MVYCGTIlNsaRLxin7RoK8mG%2fgWEz62aYjtdirePeti130Tgk3jtMUuS1M4%2fw