Nigeria wins $2.35bn arbitration over Mambilla hydropower project

BusinessDay | 17-09-2026 08:19pm |

Nigeria has secured a major legal victory in the long-running dispute over the Mambilla hydropower project. The International Chamber of Commerce ruled in Nigeria's favor, awarding the country $2.35 billion in arbitration. The dispute had been ongoing for years, and the ruling represents a significant win for Nigeria.

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