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FCT High Court Rejects FHT Mega Express Claims, Awards Damages to Parallex Bank.

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The Federal Capital Territory High Court has thrown out in its entirety a lawsuit filed by logistics company FHT Mega Express Limited against Parallex Bank Limited, in which the firm sought ₦7.1 billion in damages. The court also upheld the bank’s preliminary objection, ruling that the case amounted to an abuse of court process.....KINDLY READ THE FULL STORY HERE▶

The dispute began after FHT Mega Express secured an ex parte order freezing Parallex Bank’s funds up to ₦7.1 billion with the Central Bank of Nigeria. However, Parallex Bank challenged the order, arguing that the suit was improper and duplicated ongoing litigation already filed by the bank at the High Court of Lagos State to recover the company’s outstanding debt.

In its ruling delivered on April 20, 2026, the court agreed with the bank, describing the case as an abuse of judicial process and faulting the company’s approach. The suit was consequently dismissed, with the court awarding ₦500,000 in costs against FHT Mega Express in favour of Parallex Bank.

Background To The Dispute

The conflict traces back to September 4, 2025, when Parallex Bank filed Suit No. FHC/L/CS/1774/2025 at the Federal High Court in Lagos seeking recovery of ₦4.5 billion allegedly owed by FHT Mega Express. The debt was said to have arisen from Letters of Credit used to finance import transactions worth millions of euros.

Justice Lewis Allagoa had earlier ordered all parties to maintain the status quo pending determination of the substantive case. Despite this, Parallex Bank accused FHT Mega Express of filing multiple cases across different jurisdictions in what it described as forum shopping.

After withdrawing a similar case at the Lagos State High Court, the company reportedly filed the Abuja suit just two days later, making near-identical claims and seeking fresh interim orders.

Allegations Raised

Parallex Bank accused FHT Mega Express of concealing key facts from the Abuja court, including:

  • The existence of the ongoing Federal High Court case in Lagos
  • The subsisting order directing parties to maintain status quo
  • Its earlier failed attempt to obtain similar ex parte reliefs in Lagos

The bank argued that these omissions misled the court into granting interim reliefs that should not have been issued.

Court’s Decision

The court upheld Parallex Bank’s arguments, ruling that FHT Mega Express acted in bad faith and engaged in conduct that constituted abuse of court process. It stressed that litigants must not pursue parallel cases in multiple jurisdictions to gain tactical advantage.

Reaction From Parallex Bank

Sources close to the bank described the judgment as a victory for due process and the rule of law, noting that it reinforces confidence in judicial fairness and corporate accountability.

Wider Implications

Legal analysts say the ruling highlights the judiciary’s firm stance against forum shopping and repetitive filings in commercial disputes. It is expected to serve as a reference point in future banking and corporate litigation involving abuse of process.

The judgment effectively clears the way for Parallex Bank to continue its efforts to recover the disputed funds and pursue lawful remedies in the ongoing financial dispute.

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WHO Speaks On Ebola Fears, Reveals Number Of People Under Close Monitoring In Nigeria.

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The World Health Organisation (WHO) Regional Director for Africa, Mohamed Janabi, has announced that Nigeria currently has no Ebola cases following the evacuation of the index patient and her husband to Switzerland.....KINDLY READ THE FULL STORY HERE▶

Reports indicate that the patient was airlifted out of Nigeria aboard a medical air ambulance through the private jet wing of the Nnamdi Azikiwe International Airport in Abuja.

In a statement posted on his X account on Monday, Janabi said Nigeria would continue monitoring 52 contacts, while Switzerland would take responsibility for the patient’s ongoing medical care and monitor her husband.

He disclosed that the evacuation took place earlier in the morning, adding that both the patient and her husband are Swiss citizens.

According to Janabi, the patient was clinically stable following successful treatment by Nigerian medical teams, who managed her through the acute phase of the illness and stabilised her condition before the evacuation.

The WHO regional director commended the Federal Government, healthcare workers, clinicians, emergency responders and other partners for their contributions to Nigeria’s Ebola response.

He said the successful management of the patient demonstrated Africa’s expertise, resilience and leadership in public health, particularly when countries collaborate to tackle health emergencies.

However, Janabi emphasised that the evacuation did not mean vigilance could be relaxed, stressing the importance of continued contact monitoring and other public health response measures.

He reiterated that Nigeria would maintain close surveillance of 52 contacts, while Switzerland would oversee the patient’s continued treatment and monitor the 53rd contact, her husband.

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Man United Crisis: Carrick Speaks Out After Shock Bournemouth Defeat.

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Manchester United head coach Michael Carrick has said he does not expect to be sacked within the next 24 hours following his side’s disappointing 3-0 home defeat to Bournemouth in the Premier League on Saturday.....KINDLY READ THE FULL STORY HERE▶

The loss at Old Trafford has intensified scrutiny of Carrick as Manchester United continue to struggle with inconsistent performances and results this season.

According to football transfer expert Fabrizio Romano, who shared the manager’s comments on X on Sunday, Carrick acknowledged the uncertainty surrounding his future but maintained that he would continue carrying out his duties as usual.

“I totally understand the situation. I’m not expecting anything in particular, to be honest. I’m carrying on as normal and, you know, I love this place,” he said.

The former Manchester United midfielder also reaffirmed his commitment to the club, insisting that he would continue to act in what he considers the team’s best interests despite the mounting pressure.

Bournemouth’s victory further compounded United’s recent difficulties, marking their third defeat in four home matches and extending their winless run across all competitions to eight games.

Meanwhile, reports indicate that co-owner Sir Jim Ratcliffe and other senior club officials are considering possible replacements as they assess Carrick’s future at Old Trafford.

Former Bayern Munich manager Julian Nagelsmann and ex-Newcastle United boss Eddie Howe have reportedly emerged as leading candidates for the position.

However, Manchester United director of football Jason Wilcox and chief executive Omar Berrada are expected to make the final recommendation before presenting their preferred candidate to Ratcliffe.

The club has yet to announce any decision regarding Carrick’s future, leaving uncertainty over who will lead the team into their next Premier League fixture against Chelsea.

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“If You Insult Tinubu, I’ll Insult You” – Sunday Igboho Fires Warning At Makinde.

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Yoruba Nation activist Sunday Adeyemo, popularly known as Sunday Igboho, has criticised Oyo State Governor Seyi Makinde over his alleged mockery of President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶

According to reports, Igboho condemned Makinde’s conduct during a public event, describing it as childish and disrespectful to the President.

Makinde had challenged rival presidential candidates to demonstrate their physical stamina after jumping off a stage during a campaign meeting in Akure, Ondo State, on October 22.

The governor made the demonstration at the APM South-West Presidential Campaign Town Hall Meeting held at the Ondo State International Conference Centre, popularly known as The Dome.

While addressing supporters, Makinde said he would focus on candidates’ energy levels and ability to withstand the demands of leadership rather than making age a major issue ahead of the 2027 presidential election.

Reacting to the incident, Igboho accused the Oyo governor of making fun of Tinubu and warned that he would respond to anyone who insulted the President.

In a statement on Sunday, the Yoruba Nation activist said Makinde’s actions amounted to disrespect towards the President.

“He was jumping around like a frog and a mad man, insulting Tinubu, saying Tinubu can’t jump like him as if he doesn’t have a father.

“If you insult Tinubu, I will insult you back. Anyone who wants to live long should not mock an elderly person for any reason,” Igboho said.

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