A. G. O. AGBAJE, J.S.C. (Delivering the Leading Judgment): The Plaintiff Bank, International Bank for West Africa Ltd. sued the Defendant Company Opuna Associated Company (Nig.) Ltd. in a Warri High Court in Bendel State. By its original writ of summons filed in May, 1978, the Plaintiff Bank claimed against the Defendant Company the sum of N1,155 695.46 (One Million, One Hundred and Fifty Five Thousand Six Hundred and Ninety Five Naira, Forty-Six Kobo) being balance of money had and received by the Defendants for their use at their own request, by way of loan, over draft accommodating and/or facilities from the Plaintiffs who are Bankers. Pursuant to an order of court made by the learned trial Judge Agege J. the Plaintiff Bank was allowed to amend the claim against the Defendant Company to read the sum N1,542,294,32 and the sum of money was said to be due from the Defendant Company to the Plaintiff Bank as at 28th January, 1981 on the loan transactions between the Plaintiff and the De…
OGUMA
V.
I.B.W.A LTD.
(1988) JELR 43863 (SC)
Supreme Court 4 Mar 1988 Nigeria
Case
Key Passages 10
Citing Cases 116
BriefBot Summary
- The International Bank for West Africa Ltd. sued Opuna Associated Company (Nig.) Ltd. for a balance of money owed to the bank. - The plaintiff amended their claim to a higher amount, which the defendant opposed. - The plaintiff presented
Case Details
Suit Number:SC.69/1986
Judges:KAYODE ESO JSC
AUGUSTINE NNAMANI JSC
MUHAMMADU LAWAL UWAIS JSC
ABDUL GANIYU OLATUNJI AGBAJE JSC
PHILLIP NNAEMEKA-AGU JSC
Counsel:Chief Bayo Kehinde S.A.N. with him Paul Agbo For the Appellant.
A. O. Sogbesan S.A.N. with him Akin Akinsote For the Respondent.
Other Citations:Oguma v. I.B.W.A. (1988) NWLR (Pt.73)658
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