Nigeria's leading finance and market intelligence news report.

The $6bn judgment pitting Nigeria against a London court

A legal challenge by the west African state has sparked questions about transparency in arbitration courts

In January 2010, two Irish businessmen secured a 20-year contract to turn Nigeria’s vast gas reserves into power. But the government never built a promised pipeline to feed gas to the processing plant, and their British Virgin Islands-registered company, Process and Industrial Developments, or P & ID, never so much as put spade to soil…

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