N4.5bn Debt: Parallex Bank Accuses Logistics Firm Of Court Process Abuse

Parallex Bank Limited has asked the Abuja High Court to dismiss a lawsuit filed by logistics firm, FHT Mega Express Limited, claiming it is an abuse of court process, incompetent, and lacks jurisdiction. Justice Hauwa Lawal Gummi had, on December 18, 2025, issued a temporary order to freeze the bank’s N7.2 billion over a financial […]