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RT to the ends of the earth.
Ahead of the next adjourned date which was 20 February, after the affected persons had obtained the processes filed in the suit by FCMB, they filed applications in the court, praying the court to set aside the hearing of 20 February 2026 and join them to the suit to enable them defend the allegations of FCMB in respect of the monies they allegedly received. Amongst the applicants were POS agents, Bureau De Change operators and crypto traders who exchanged value for the monies they received.
But the court refused to countenance any of these applications. And did not hear them. In its judgment, the court commented, that it observed that a lot of applications had been filed by non-parties to the suit but that “there must be an end to litigation “.
This curious comment by the court is contrary to the established rule that, courts must hear and determine all applications before it no matter how stupid those applications are.
One may also ask, how will these persons have become parties to the suit if they were deliberately not joined by FCMB even when orders against them were sought, and their attempts to join at the earliest chance was denied by the court?
And that’s how the court Per Dipeolu J, disposed of a suit after 2 court dates and refusing to entertain the applications of persons who were going to be affected by the orders he will be making in the suit.
There you have it, swift justice.
Another worrisome judgement in the series of bank glitch cases.
FCMB v 9 Payment & 45 ors (FHC/L/CS/2659/2025) decided by Justice Dipeolu of the Federal high court, Lagos is the swiftest case I have ever come across in the history of litigation. The case had only 3 court dates from the first day it came up till judgement. And lasted less than 2 months. Commendable, right? But don’t be in a hurry.
The matter was commenced by an originating motion on notice dated 30 December 2025, which was served on the 46 defendant banks (“Application”) only. In the affidavit in support of the application, FCMB alleged that, due to a glitch, about N3B was erroneously and frequently transferred from FCMB’s customer account into the account of more than 1000 persons who are customers of the 46 defendant banks.
Accordingly, the Application was seeking orders directing the 46 defendant banks to transfer the monies in their listed customer’s account to the tune of the amounts received by such customer. How innocuous these prayers seem!
The case first came up on 30 December 2025, which incidentally is also the date the matter was filed. On that day, FCMB was granted interim orders ex parte by Justice Aluko of the FHC, sitting as a vacation judge, to restrict the accounts of more than 1000 persons. This ex parte order of restriction was served on the 46 defendant banks who started restricting the accounts of their affected customers.
Some customers including my client wrote to their banks demanding details of the court order pursuant to which their accounts were restricted and some banks provided these details.
With these details, the natural step would be an application to search the court’s file and ascertain the substance of the matter. It was whilst following up on my application to search the court’s file on or about 17 January 2026, that I heard the case was transferred to Justice Dipeolu as substantive judge, and I was informed in Justice Dipeolu’s court that the matter was coming up on 20 January 2026. Since, we couldn’t search the file because our application to search was yet to be approved, we couldn’t file any process to join the suit or otherwise defend the suit. So we determined to attend the matter on the court date.
The matter, to our knowledge was coming before Justice Dipeolu for the first time on 20 January 2026. And to our surprise, the court heard the Application and refused audience to counsel who were not representing parties (I.e., FCMB and 46 banks) in the suit, and thereafter adjourned the matter to 20 February 2026 for judgement. Just like that🤷🏻♂️.
Notably, at the time the Application was heard, some parties had already filed applications to be joined to the suit and served same on FCMB, which did not reply. Yet, the court still heard the Application regardless. Also, each affected customer could only have applied to join the matter depending on when they learnt about the restrictions on their account.
Most importantly, it is trite and elementary law, which has been affirmed in a plethora of cases, that a court cannot make orders against persons who are not parties in the suit and this includes orders against such persons’ properties. It is also trite law, that all parties necessary for the effective adjudication of the issues in a suit must also be joined.
It is therefore shocking that the customers of the 46 defendant banks, whose monies were about to be taken were not joined first to the suit, and their side of the case was not heard. And the court allowed this.
The 46 defendant banks, not being the owners of the money in the bank accounts of their customers were not even as necessary to the effective determination of the suit as the owners of the accounts to whom funds were allegedly erroneously and fraudulently transferred.
@ChidiOdinkalu@channelstv
You all know I never bring my personal issues to social media.
I only wish to share this with my community because I want people to learn from my experience. Also a part of me won’t rest until i publicly thank God for his grace; therefore I feel obliged to do this.
Sometime around 2021/2022 I was victim of a scam and simultaneously a failed investment that cost me all I had saved at the time. It shook me deeply but I told NO ONE about it. If you know me well enough, you would know I do not like to share my problems. I could be going through the worst and at the same time helping others solve their own problems but I just would never share mine.
Also, my training in Theatre is that the show must go on. As a Thespian, I have a duty to continue to entertain, inform, educate and use my art to make society a better place. So it didn’t matter whatever it was I was going through.
The show must go on!
After I lost all the money I had then, Trouble started when I had to borrow money from different sources to settle all pending commitments and also fulfill certain responsibilities i have always believed were mine to fulfill. I make money in millions so I never thought borrowing money to pay back with interests could ever be a problem. But I got too comfortable and it took me a long time to realize that I was using the money I was earning to pay back interests. Also, my financial recklessness did not help.
Please don’t borrow money! But if you must, please be responsible.
I’m not perfect. I try to be as honest as possible. I am a financially reckless person. I know it. My family and friends have always said it. And this is way before fame. This is how I have been for as long as I can remember. I would give out my money for lunch to someone who didn’t have breakfast, forgetting that I would go hungry when it’s time for lunch.
If you are like me, please learn to share your breakfast and keep your money for lunch.
( I have always known this but I am a stubborn person 🤦🏾♂️
I would give out Breakfast, lunch and if possible dinner)
I have somehow attributed that to a mandate from God. I tell myself all the time that the reason God has blessed me with anything I have is so that I can help people. But I know that even God does not want us to be reckless.
Back to my story, I was now in serious debt.. but it didn’t stop my recklessness.
2024 was a turning point for my Acting career. Two of the films I featured in were screened at international festivals.. my performances in some other films released last year also earned me numerous commendations. However, It was also the most troubling year for me. I was burdened every single day and night knowing that I was over half a billion in debt.
The last straw was when I was betrayed by someone whom I have always loved as a friend and sister.
She betrayed my trust, love and confidence and for that I was completely destabilized. I hardly trust people and nothing really surprises me about the actions of we humans but this one, I could never have prepared for. Such was the level of trust and love.
But you see, one thing about me is that I’m a warrior! I have never backed down from a fight. When I fall, I bounce back even stronger by God’s grace and I keep my head up.
So I gathered myself, and made some very tough decisions and with the help of family and friends who have stood by me, I feel better than I have felt in the last 3 years!
So this letter of love is for my people going through whatever. Please DO NOT GIVE UP!
People will betray you but you must not let that derail you. You are alive for a reason. And every day of your life, you must fight to be a better person than you were yesterday. You must also be accountable, seek help and make better decisions.
It’s okay to make mistakes and learn from them. What is not okay is to keep repeating the same mistakes.
May the love in our hearts be forever greater than the hate, betrayal and wickedness in the world.
With Love,
Debo.
@ennyola0015 Please note that all mineral resources in the country belong to the federal government. You don’t expect the state governments to invest in exploitation on behalf of the federal government. In essence, this is the reason why certain productive activities of states are muffled.
I am Baptiste Parravicini:
• Tech entrepreneur & API visionary
• Co-founder of 'apidays', the world's leading API conference
• Passionate about AI integration & tech for the greater good
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A new version of a banking trojan targeting android devices is in town. This trojan is masquerading as a PDF or QR code reader on App Store to steal banking credentials and financial information from unsuspecting users. Over 70,000 devices are infected already.
It’s tragic to hear about the death of Access Bank CEO, Herbert Wigwe, Wife, and Son. It’s heart breaking and a big loss to our nation. May their souls rest in peace.
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Application is still open for NITDA-Cisco Cybersecurity Awareness training on Ethical Hacker, Endpoint Security, Network Defence, and Cyber Threat Management.
Registration closes:15th Oct, 2023
Training starts : 18th Oct 2023
Please click on the link to register: https://t.co/IQBxOvX5kO
Hurry up and apply. Don’t miss out!
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We congratulate @bosuntijani on his appointment as the Minister of Nigeria’s communications and digital economy ministry. With his experience and knowledge in the digital economy ecosystem, the tech sector is primed for a massive reorganization, prosperity and growth.
#tech
After announcing layoffs in November 2022, Nigerian crypto payments startup Lazerpay shuts down.
According to Founder and CEO, Emmanuel Njoku, the decision to shut down the startup was necessary after the company was unable to raise funds. https://t.co/K8s78J8nSm
Your lawyer is in court saying that you were hacked and suffered financial losses. The court documents are in the public domain.
You're releasing statements on your company blog denying that the hack took place. If a journalist takes you to task, you will now start crying.