
Appeal Court shakes banking industry with N75.5M charges refund
ShareShareTweetPin0 SharesBy Emmanuel Ntekim The Court of Appeal sitting in Lagos has upheld the judgment of the Lagos State High Court, which ordered Union Homes Savings and Loans Plc, a subsidiary of Union Bank Plc to refund N75.5m to a private company in Lagos, Abimbola Foods Limited being excesss charges and levies with interest until…