The Arbitration and Mediation Act (AMA) 2023 repealed the decades-old 1988 statute, bringing Nigerian arbitration law in line with international best practices including the UNCITRAL Model Law.
Key developments include explicit recognition of third-party funding agreements, statutory frameworks for emergency arbitrators, and reduced court intervention during ongoing arbitral proceedings.
This briefing reviews recent judicial enforcement trends in commercial disputes across energy, construction, and maritime sectors.
