Thursday 30 October 2025
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leadership - 3 days ago

N532m Debt: Court Orders Bank To Take Over Firm

Justice Deinde Dipeolu of the Federal High Court has granted leave to Lotus Bank Limited to take control of the properties (both movable and immovable) belonging to Unpacked Limited, a firm now in receivership and owned by Oluwafeyikemi Abudu, guaranteed by Oluwafemi Badewole. Justice Dipeolu granted the order following an ex parte motion, numbered FHC/L/CS/2097/2025, [ ]


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