Nigeria – Awards of monetary judgment in a foreign currency by Nigerian courts

Abstract

Awards of monetary judgment in a foreign currency by Nigerian courts by Mutiu Ganiyu When the case of Melwani v Chanrai Corporation reported in 1995 6 NWLR, Part 402 at p. 438, got to the Court of Appeal (Lagos Division) to decide the issue of whether a Nigerian court can award monetary judgment in a foreign currency, the expectation was that the court was going to give a positive answer to the question and the case would have joined a long line of other cases like