The 7% interest reflects what P&ID would have paid to borrow the money or earned by investing the money in Nigeria. Following the tribunal’s award of damages, in March 2018, P&ID brought an action …
Explainer: A UK court hit Nigeria with a $9.6 billion judgment debt, how did the West African country end up in this costly situation?
Explainer: A UK court hit Nigeria with a $9.6 billion judgment debt, how did the West African country end up in this costly situation?
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