Comparative Guides
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Results: 4 Answers
International Arbitration
11.
Funding
11.1
Is third-party funding permitted for arbitrations seated in your jurisdiction?
 
Nigeria
Third-party funding is not prohibited in Nigeria. No laws in Nigeria expressly prohibit third-party funding. The common law crimes and torts of champerty and maintenance, which may prevent third-party funding in some common law jurisdictions, are not part of Nigerian law and therefore cannot operate to prevent third-party funding.

For more information about this answer please contact: Babajide Ogundipe from Sofunde Osakwe Ogundipe & Belgore