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JUST IN: UK court grants Nigeria’s leave to appeal $9.6bn judgment

The United Kingdom Commercial and Arbitration Court on Thursday granted Nigeria leave to appeal against $9.6 billion awards in favour of Process and Industrial Development Limited (P&ID).

Nigeria’s legal team is currently arguing the case for the stay of the execution of the judgement in UK.

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The Attorney General of the Federation and Minister of Justice, who is the leader of the Nigerian legal team in London, confirmed the situation to reporters.

Details later…