On 26 May 2023, the Arbitration and Mediation Act was signed into law. This is a significant milestone poised to cut the long wait times associated with dispute resolution, align Nigeria’s legal framework with international arbitration principles and ultimately boost investor confidence in the Nigerian business environment. NASSBER Analyst Ogechi Obasi and Thematic Lead, Arbitration and Dispute Resolution, Diane Okoko, FCIArb explore the possibilities of this act.