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Court slams Access Bank with N16m damages over unlawful account restrictions
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Court slams Access Bank with N16m damages over unlawful account restrictions
A Federal High Court sitting in Ikoyi, Lagos, has awarded N16 million in damages against Access Bank Plc for unlawfully placing post-no-debit restrictions on the accounts of several customers without sufficient legal justification. The judgment, delivered on June 1, 2026, by Justice Chukwujekwu Joseph Aneke in suit number FHC/L/CS/878/2023, followed arguments from both the affected customers and the financial institution over the legality of acc…
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