N200bn Agric Credit Scheme: Appeal Court dismisses NAIC’s case against First Bank

“NAIC Tried To Manipulate Court To Save Weak Suit” — Court Of Appeal Upholds First Bank N200bn CACS Ruling

The Court of Appeal, Abuja, on Friday dismissed the appeal filed by the Nigerian Agricultural Insurance Corporation (NAIC) against First Bank of Nigeria over a N200 billion Commercial Agriculture Credit Scheme (CACS) disbursement dispute dating back to 2013. Delivering seven judgements over six hours, Justice Okon Abang held that NAIC, by seeking to withdraw its suit at the Federal High Court, Abuja, after issues had been joined, was attempting …

N200bn Agric Credit Scheme: Appeal Court dismisses NAIC’s case against First Bank

The Court of Appeal, Abuja, on Friday dismissed the appeal filed by the Nigerian Agricultural Insurance Corporation (NAIC) against First Bank of Nigeria over a N200 billion Commercial Agriculture Credit Scheme disbursement dispute dating back to 2013.  The post N200bn Agric Credit Scheme: Appeal Court dismisses NAIC’s case against First Bank  appeared first on Nairametrics.