Still on the P&ID Affair: Re-examining CBN’s Intervention that Upturned $11bn in Arbitration Award

Thewillnews | 26-10-2025 12:56pm |

October 26, (THEWILL) — The United Kingdom Supreme Court delivered a decisive blow to a controversial arbitration case on 22 October 2025, dismissing an appeal by Process and Industrial Developments Limited in its protracted dispute with the Federal Republic of Nigeria. The British Virgin Islands-based company, known as P&ID, had sought to convert a £44

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