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BREAKING! $9.6bn judgment: UK court grants Nigeria’s leave to appeal

September 26, 2019337 views0 comments

A United Kingdom court on Thursday granted the federal government leave to appeal against the award and enforcement of the judgment that asked Process and Industrial Developments Limited to seize $9.6bn in Nigerian assets.

Application for stay of execution is currently being considered.

Details later…

Read Also:

  • Nigeria records 6% drop in vessel traffic
  • Sincere commitment to reduce corruption in Nigeria
  • Unilever Nigeria to complete tea business separation by end of 2021
  • Nigeria’s reserves down $1.38bn in 30 days amid rising oil prices
  • Nigeria missing out on 298m jobs, $7.6trn beach-driven T&T market
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