AYOBODE OLUJIMI LOKULO-SODIPE J.C.A. (Delivering the Leading Judgment): This is an appeal against the judgment delivered on 18/10/2007 by the High Court of Edo State holden in Benin City (hereafter simply referred to as "the lower court") presided over by Hon. Justice P. I. Imoedemhe (hereafter simply referred to as "the learned trial Judge"). The lower court entered judgment in favour of the Respondent as Plaintiff before it, in respect of one out of the three claims he brought against the Appellant as Defendant.
The facts of the case briefly stated are that the Respondent brought the instant action against the Defendant claiming the sum of N6,664,800.00 (Six Million, Six Hundred and Sixty Four Thousand Eight Hundred Naira) as loan given to the Appellant between March to October 1997; pre-judgment interest at 30% per annum from 18/10/1997 till judgment and interest at 10% on all the sums owed by the Appellant as solicitor's fees for which he has been exposed by recovering his money …