Nigeria made a bold attempt to change the face of maritime business within its coasts when it enacted the Coastal and Inland Shipping (Cabotage) Act 2003.

Party autonomy is a fundamental feature of arbitration globally.

It is a commercial truism that a banker’s draft, as distinct from a cheque, is generally treated as equivalent to cash and it embodies the bank’s primary and unconditional undertaking to honour its own instrument.

The recent deregulation of the Nigerian economy will no doubt open a doorway for increased foreign investments in Nigeria.

This article seeks to examine the mechanisms through which foreign judgments are enforced in Nigeria. It also examines some of the prevailing issues that have recurred in the Nigerian courts as relates to the recognition and enforcement of foreign judgments.

It has been posited that without high levels of domestic savings, broadly based human capital, good macro-economic management and limited price distortions, there would be no basis for economic growth.