Court Finds Sterling Bank Guilty For Breach of Contract, Awards Damages
Justice Olumuyiwa Martins of a Lagos High Court has awarded N75 million damages against Sterling Bank Plc, over a breach of the non-disclosure and non-circumvention agreement it had with Comfort Stevens Nigeria Limited and its Chief Executive Officer, CEO, Dr. John Nwankwo. The court said N50 million was for damages, while N25 million serves as…