Business Nigeria may lose UK assets, as London Arbitration Tribunal fines FG $8.9 billion – Nairametrics

British firm, Process and Industrial Developments Limited (P&ID) has won it case against Nigeria at the London Arbitration Tribunal, and this may cost Nigeria its assets in the United Kingdom.

Process and Industrial Developments Limited was awarded $8.9 billion in damages and interest by the London Arbitration Tribunal award in the breach of …

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Read more via Nairametrics – http://bit.ly/2RDWquq

Get more: Nigeria Business News
 
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