LONDON, Oct 23 (Reuters) - Nigeria on Monday hailed a landmark victory after it won its bid to overturn an $11 billion damages bill for a collapsed gas project, in a case a judge at London's High ...

Efficient contract enforcement is critical to the economic growth and sustainability of any nation, because without the ...

ABUJA, Sept 25 (Reuters) - Nigeria's state oil firm NNPC Ltd and oil majors on Monday agreed to cut the time for concluding contract talks from three years currently to six months, to speed up ...

Nigeria LNG is challenging the enforceability of an arbitral award’s demand order issued by a United Kingdom arbitration panel, despite a contractual provision that makes an award by the arbitral ...

Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an ambitious programme to increase Nigeria’s crude oil output by one million barrels per day, ...

Michael Agboro, a prosecution seventh witness alleged that the suspended governor of the Central Bank of Nigeria (CBN). Godwin Emefiele awarded contracts to companies belonging to his wife and his ...

Shell plc SHEL, a British multinational oil and gas company headquartered in London, has announced that its units in Nigeria awarded remarkable $1.98 billion worth of contracts to Nigeria’s companies ...

those of Government, Ministry, Department and Agencies. The withholding tax (WHT) provision was introduced into the tax system in 1997 with limited coverage to rent, dividends and directors fees. Tax ...

London's High Court dismissed unauthorized disbursement claims against law firm Leigh Day related to a £55 million settlement over an oil spill in Nigeria. Leigh Day Solicitors has been cleared of ...

Privately held BUA Group, Lagos, has let a contract to Axens Group of France to provide a suite of technologies and other services for the conglomerate’s recently proposed project to build a 200,000-b ...