Nigeria wins $6.2m arbitration against UK tech firm

Nigeria secured a $6.2 million victory in an arbitration against European Dynamics UK Ltd. over a national e-procurement project dispute. The tribunal dismissed the contractor's claims entirely, saving Nigeria from potential payments exceeding $6.2 million (N9.3 billion). Nigeria's legal team, led by Johnson & Wilner LLP, successfully defended the case, marking another win against international contractors following previous $11 billion and £44 million victories. This outcome reduces Nigeria's financial exposure and strengthens its position in international procurement disputes.

SOURCE: https://dailypost.ng/2026/02/23/nigeria-floors-uk-tech-firm-to-win-6-2m-arbitration/