Features of the Centre
 
 
   
Home Features of the Centre
 
 

Special features of the Lagos Centre which makes it advantageous for parties to arbitrate under its auspices and Rules include the following:

  • It is a recognized International arbitral institution;

  • It is independent and neutral;

  • It renders assistance in the enforcement of awards made under its Rules.

  • Nigeria having acceded to the 1958 New York Convention on the Recognition and Enforcement of
    Foreign Arbitral Awards, arbitral awards made under the Rules of the Centre are enforceable internationally, in countries, which are parties to the Convention.

  • Foreign lawyers are not prohibited from appearing in arbitration proceedings held under the Rules and auspices of the Centre.

  • Awards made under the Centre's auspices are confidential.
   
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