Abstract

In Nigeria’s fast-paced economic environment, international commercial arbitration is an essential instrument for resolving cross-border disputes. Its effectiveness depends on overcoming a variety of challenges. The objectives of this research are to explore the state of international commercial arbitration in Nigeria, highlighting the issues that arise, examining the efficiency and accessibility of international commercial arbitration in Nigeria, as well as proposing recommendations for improving it. The methodology adopted is the doctrinal approach. Primary and secondary sources of law were utilized in understanding the framework of international commercial arbitration. Primary sources were instrumental in identifying the legal framework concerning international commercial arbitration processes. Secondary sources complemented this by providing insightful analysis and interpretations of the primary materials. A comparative analysis with other jurisdictions clarifies Nigeria's position in the international arbitration arena. The research also proffered some recommendations for improving and reforming the system of international commercial arbitration. The study concludes that there is a need to address the intricate challenges facing international commercial arbitration in Nigeria.

Keywords:  Arbitral Challenges, Dispute, Dispute Resolution, International Commercial Arbitration.