Zenith Bank to Pay Over N2.3 Billion to customer

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Zenith Bank PLC has been ordered to pay the sum of N2.5 billion to Real Integrated and Hospitality LTD.

In a judgement delivered on 8th March, 2022 by Justice O.O. Abike-Fadipe in a High Court sitting in Lagos State, noted that “The act of Zenith Bank Plc was unconscionable and detrimental to the goodwill of the claimant and its trade with its customers. It was a deliberate and malicious act against the interest of the claimant… and continues to enjoy the largesse in bad faith”

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