Facts:

The appellant is a Nigerian Company, which entered an insurance contract with the respondent companies. The respondents had obtained judgment from the Queen’s Bench division of the commercial court in England on the 25th day of May 1990 for the sum of €427.77 (Four hundred and twenty seven pounds, seventy seven pence) and US$92,470.80 (Ninety-two thousand, four hundred and seventy Dollars, and eighty cents). Thereafter the respondents by an application dated 18 May 1994 sought to have the judgment registered as a judgment of the High Court of Lagos State Judicial Division pursuant to the Foreign Judgments/Reciprocal Enforcement Act Cap 152 Laws of the Federation 1990.

In his considered ruling delivered by the learned trial Judge Olugbani J. dismissed the respondent’s petition/application ruling: