Legal News

UN announces Nigeria's ratification of Singapore Convention on Mediation

Published on: 30 November 2023
Published by LNB News

LNB News 30/11/2023

Document Information

Issue Date: 30 November 2023

Published Date: 30 November 2023

Jurisdiction(s): World and Nigeria

Article summary

The United Nations (UN) has announced that Nigeria has ratified the UN Convention on International Settlement Agreements Resulting from Mediation, also known as the Singapore Convention on Mediation. Nigeria became the thirteenth State Party to the Convention. The Convention facilitates international trade and promotes mediation as an alternative method of resolving commercial disputes by providing a mechanism for enforcement of international settlement agreements. The Convention will come into force in Nigeria on 27 May 2024.

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