UK Supreme Court Dismisses P&ID Appeal, Affirms Nigeriaās Ā£43 Million Award
The supreme court in the United Kingdom (UK) has dismissed the appeal filed by Process & Industrial Development (P&ID) that the Ā£43m award in favour of Nigeria should be paid in Nigerian currency and not pound sterling. In a unanimous decision delivered by a five-member panel on Wednesday, the UK supreme court held that P&ID…