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Vol 61 No 15

Published 23rd July 2020


Nigeria

Fight in the last chance saloon

After hearing the arguments, a London court is about to rule on whether Abuja can challenge a record-breaking US$10 billion award against it

A substantial part of Nigeria's foreign financing strategy and the fortunes of a New York hedge fund, in partnership with an obscure entity registered in the British Virgin Islands, hang in the balance as a retired judge in London is due to rule on a decisive point in one of the world's biggest arbitration awards.

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