Nigeria replaces 35-year old arbitration legislation

The new act refreshes the Nigerian arbitration framework and brings it into line with modern arbitral standards.   Nigeria has introduced its new 2023 Arbitration and Mediation Act, casting aside its Nigerian Arbitration and Conciliation Act, which had been in force since 1988. Associate Isabela Monnerat Mendes and managing partner William Kirtley at Aceris Law commented that the development “is a significant move for the growth of arbitration in Nigeria and Africa” and