Nigeria: Gas Firm Loses Again, As UK Court Orders Release of $200m Guarantee to Nigeria

[This Day] A London Commercial Court Tuesday ordered the release of the $200million guarantee put in place as security for the stay of execution granted Nigeria for the appeal filed against the judgment of Justice Christopher Butcher for the execution of the Arbitral award of $10 billion in favour of Process & Industrial Development (P&ID), a firm based in the British Virgin Islands.