The Petroleum Industry Governance Bill

The Nigerian Senate has finally passed the Petroleum Industry Governance Bill after 17 years of consideration. The bill which seeks to reform the oil and gas industry will unbundle the Nigerian National Petroleum Corporation (NNPC), the Department of Petroleum Resources (DPR), the Petroleum Products Pricing and Regulatory Agency (PPPRA) as well as other agencies, while […]

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The Nigeria-Morocco Bilateral Investment Treaty: a new generation of investment protection treaties in Africa?

On the 3rd of December 2016, Nigeria and the Kingdom of Morocco signed a Bilateral Investment Treaty (BIT) with the aim to improve bilateral trade relations and strengthen their business relationship. The Nigeria/Morocco BIT is an ambitious update on traditional treaties and a significant attempt by two developing countries to move toward a more balanced […]

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Arbitration Reform in Nigeria

Nigeria’s Arbitration Act[1], was enacted in 1988 and is now being reviewed to bring it up to date with international best practices in arbitration and alternative dispute resolution. Since it was enacted 29 years ago, there have been several important legal developments in arbitration. This year, the Nigerian Senate is considering a Bill to amend […]

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National Judicial Institute issues Strong Statement in Support of Arbitration

Nigeria’s National Judicial Institute has issued a strong statement of judicial policy in support of arbitration. In a letter dated 26 May 2017 and written to all Heads of Court, the Chief Justice of the Federal Republic of Nigeria, the Hon. Justice W.S.N. Onnoghen, GCON, FNJI, who also chairs the Board of Governors of the […]

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LACIAC signs Memorandum of Understanding with LCA.

THE Lagos Court of Arbitration (LCA) has signed a Memorandum of Understanding (MoU) with the Lagos Chamber of Commerce International Arbitration Centre (LACIAC). A statement by the President of the LCA, Olasupo Shasore (SAN) said, “It is an organic partnership as both organisations are committed to improving the business climate of Lagos. The goal of […]

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LACIAC sponsors International Arbitration Conference in Addis Ababa 2015

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The Nigeria-Morocco Bilateral Investment Treaty: a new generation of investment protection treaties in Africa? LACIAC sponsors International Arbitration Conference in Addis Ababa 2015 The Petroleum Industry Governance Bill National Judicial Institute issues Strong Statement in Support of Arbitration LACIAC signs Memorandum of Understanding with LCA.
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