{
  "id": 19065181,
  "title": "NICArb: 30-Year Court Delays Driving Businesses Towards Arbitration",
  "url": "https://urgent.news/2026/11/09/nicarb-30-year-court-delays-driving-businesses-towards-arbitration",
  "topic": "world",
  "section": "World",
  "published": "2026-11-09T01:28:26.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/11/09/nicarb-30-year-court-delays-driving-businesses-towards-arbitration/"
  },
  "original_language": "en",
  "account": "The Nigerian Institute of Chartered Arbitrators (NICArb) reported handling over 5,000 disputes across Africa, citing prolonged court proceedings as a major factor in the increasing popularity of arbitration. With court resolutions taking between 20 to 30 years, arbitration and alternative dispute resolution (ADR) mechanisms are seen as faster and more reliable. NICArb's chairman, Dapo Akinosun, SAN, emphasized the demand for timely and satisfactory dispute resolution, especially among businesses seeking to avoid litigation uncertainties. The institute's experience handling multiple cases across the continent highlights the growing relevance of arbitration in delivering commercial justice. Akinosun stressed that arbitration and mediation complement rather than replace the conventional judicial system, and their wider adoption could help decongest courts. The 2026 International Arbitration and ADR Conference, themed \"Reimagining Arbitration and ADR in Africa: Innovation, Integrity and Commercial Justice in a Changing World,\" aims to reassess existing dispute resolution mechanisms, address access to justice, and encourage public confidence in arbitration. The conference, expected to attract around 6,000 participants, will feature keynote addresses, panel discussions, and a live debate competition.",
  "summary": "– Institute reports over 5,000 disputes handled across Africa Wale Igbintade The Nigerian Institute of Chartered Arbitrators (NICArb) has disclosed it has handled more than 5,000 disputes across Africa, attributing the",
  "key_points": [
    "Over 5,000 disputes handled by NICArb across Africa",
    "Court resolutions in Nigeria take 20-30 years",
    "Arbitration seen as faster, more reliable dispute resolution"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}