N7.15bn freeze: Parallex Bank asks court to dismiss FHT Mega Express suit, alleges abuse of process
[NigerianEye - Nigeria] - 20/01/2026
Parallex Bank Limited has asked a Federal Capital Territory (FCT) high court to dismiss the N7.15 billion suit filed against it by FHT Mega Express Limited, a logistics firm. In the notice of preliminary objection urging the court to set aside an interim ex parte order that led to the freezing of its funds, and also seeking dismissal of the suit, the bank is alleging abuse of court process, forum shopping, and suppression of material facts. FHT Mega Express had sued Parallex Bank alongside the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC), prompting the (…)
... Article published by "NigerianEye" (Nigeria), read more
For any information or claim on this article, see directly with the newspaper.
In Nigerian newspapers
NCAT Faces Looming Strike as Aviation Unions Serve 14-Day Notice Over Staff Conditions
The Nigerian College of Aviation Technology (NCAT), Zaria, is facing the prospect of industrial action following a (…)
[Independent] - 17/01/2026
Gov Yusuf Meets Tinubu Amid APC Defection Moves
Sequel to his planned defection to the ruling All Progressives Congress, APC, Kano State Governor, Abba Kabir Yusuf, (…)
[Aljazirah] - 20/01/2026
Buratai Advocates Police-Led Internal Security, Reduced Military Involvement
A former Chief of Army Staff (COAS), Lieutenant General Tukur Buratai (rtd), has called for an expanded and (…)
[NigerianEye] - 13/01/2026
Ondo Coaches Set to Pick Best Athletes for Niger Delta Games
Joel Ajayi Seeking to improve on their performance at the maiden edition of the Niger Delta Games (NDG) the Ondo (…)
[Aljazirah] - 21/01/2026
Nepo baby Sara Foster opens up about her disastrous encounter with George Clooney arranged by celebrity friends in Los Angeles
Hollywood is no stranger to celebrity matchmakings, but sometimes even the glitziest setups don’t go as planned. (…)
[TDPel Media] - 17/01/2026
