Section 17: Currency clause.

(1) The Court shall have the power to give judgment in any monetary currency (accepted as legal tender by the laws of any other country) in which any of the parties has suffered loss or damage if-
(a) the goods or consignment are paid for or are to be paid for in that foreign currency; or
(b) the goods are insured in that currency and part of the amount so claimed is confined to that portion in foreign currency; or
(c) the consideration or loss is derived from, accruing in, brought into or received, as the case may be, in the foreign currency or for the benefit of the party making a claim before the Court.
(2) A judgment awarded by the Court in any foreign currency shall be recoverable as if it were a judgment of the Court awarded in the currency of Nigeria.