ICC Nigeria partners NBA on arbitration summit

The International Chamber of Commerce Nigeria, in partnership with the Nigerian Bar Association has declared the inaugural ICC Nigeria Arbitration Days.

In a statement released on Tuesday, says the event has been scheduled to hold in July in Victoria Island, Lagos.

It added that the event which has been themed, ‘Harnessing the prospects of arbitration and ADR in emerging international arbitration hubs’ will mark a significant milestone in the field of international arbitration and alternative dispute resolution.

According to the organisers, building on the success of the ICC Africa Conference on International Arbitration, which was hosted in Nigeria from 2016 to 2023 and now moving to Nairobi, Kenya, the ICC Nigeria Arbitration Days would explore the theme “Harnessing the Prospects of arbitration and ADR in emerging international arbitration hubs,”

Participants would include company executives, lawyers in private and corporate practice, arbitration and ADR practitioners, judges, accountants, architects, quantity surveyors, expert witnesses, and students

“The event promises excellent networking opportunities and insights from renowned local and international arbitration practitioners,” the statement added.

It noted that experts would share insights on global developments in international arbitration, emphasising its role as the preferred mechanism for resolving complex business disputes across sectors.

The statement further stated as Nigeria strives to attract foreign direct investment across all sectors of the economy, the ability to manage and resolve disputes effectively is crucial.

The ICC Nigeria Arbitration Days aims to equip stakeholders with the necessary knowledge and tools to handle disputes proactively, fostering a more favourable investment climate,”

Prof Dorothy Ufot, the Chairman of ICC-Nigeria Arbitration And ADR Commission, said, “The ICC – Nigeria Arbitration Days would be a gathering of the brightest minds in arbitration and ADR to shape the future of dispute resolution in Africa, with participants walking away with the knowledge, connections and inspiration to revolutionize their practice and transform the continent’s arbitration landscape,”

Also speaking, Jean Chiazor-Anishere, the Co-chair of the Planning Committee of the conference, said “The time for innovation in Arbitration and ADR is now let’s make it happen.”

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

CSCS posted N19bn revenue in 2023

The Central Securities Clearing System (CSCS) Plc recorded gross earnings of N19 billion, representing a remarkable 65.2% increase in its 2023 financial year when...

FG to completes $700m gas pipeline in March after 8 years 

The Federal Government revealed on Tuesday that the $700m gas pipeline, known as OB3 pipeline would be completed in march 2024, after eight years...

Edo mineral deposits can sustain 20 mega plants, Commissioner says

Enaholo Ojiefoh, the Edo State Commissioner for Mining and Energy, said that the state has enough solid mineral deposits to sustain more than 20...

Keyamo promises airfare reduction

Mr.Festus Keyamo, the Minister of Aviation and Aerospace Development, has promised a reduction in ticket fares soon. He emphasized that, currently there is a shortage...

Dangote Industries completes N200bn bond listing

Dangote Industries Lists N200bn Bonds on Nigerian Exchange Limited Dangote Industries has listed its N200bn series 1 and 2 bonds on the Nigerian Exchange Limited,...

Study proposes improved interest rate policy to boost capital market

Following the economical crisis and level of hardship, Economists said that Nigeria’s interest policy rate needs to improve to ensure capital market development. This was...

Independent marketers to commence CNG sales – Official

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN)  have revealed that they are in speech's with the Federal Government to commence the...

KEDCO seeks peaceful resolution with aggrieved manufacturers

The Kano Electricity Distribution Plc. (KEDCO) yesterday urged the Manufacturers Association of Nigeria (MAN) and other aggrieved customers to consider a peaceful and amicable...

NGX, PenCom, train operators

To enhance understanding of the NGX Pension Broad Index, the Nigerian Exchange, in collaboration with the National Pension Commission and the Pension Fund Operators...

Federal Government obtains $500m loan to improve electricity sector

The federal government has secured a $500 million World Bank loan to improve power distribution in the electricity sector, following a recent tariff increase...