Wema Bank Plc v. Idowu Fasasi Solarin Osilaru

The respondent is a customer of the appellant bank and in March 1998, the respondent took a term loan and an overdraft facility from the appellant. For the term loan,there was one month moratorium and thereafter the respondent was to liquidate the loan in 35 months at a monthly installment of 3100,000.00 (one hundred thousand naira) which was to expire in April 2001 while the overdraft facility was tenured for six months to expire September 1998.

2007 8 CLRN 89
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