• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Legal & Regulations

Contract of service: Court upholds First Bank’s disengagement of ex-deputy manager

Nnaemeka Onyekachi by Nnaemeka Onyekachi
May 1, 2024
in Legal & Regulations, Sectors
First Bank
Share on FacebookShare on TwitterShare on Linkedin

Hon. Justice Sinmisola Adeniyi of the National Industrial Court, Abuja, has upheld the termination of employment of a former Deputy Manager of First Bank of Nigeria Ltd, Mr. Bitrus Garba, by the financial institution.

The court declared the allegation of wrongful termination of employment filed by Garba against First Bank of Nigeria Ltd as “unmeritorious.”

The judgment was disclosed in a statement on the official website of the court on Tuesday, April 30, 2024.

RelatedStories

Court of Appeal allows First Bank appeal in case against GHL

September 11, 2025
Industrial Court awards N20 million damages against Edo Govt, 4 others for unlawful sack of staff

Employment Slot: Court dismisses case seeking 1% FCT Indigenes’ Recruitment into Nigeria’s MDAs 

June 23, 2025

Facts of the case

According to the court, Garba had contended that his dismissal contravened international best practices, noting that it was no longer binding on him to pay back any loan he secured while with the financial institution.

The court stated,

  • “Mr. Garba alleged that he is entitled to payment of his terminal benefits and for damages that the termination of his appointment without any reason whatsoever violates International best practices and averred that having served the bank since 2006 and due for retirement on attaining the age of 60 in 2030, the termination of his appointment was to deprive him of his full entitlements at retirement.”

The claimant also contended that the loan he obtained from the bank should have been liquidated by the bank’s Insurers but his account with the bank was wrongfully debited.

  • “Mr. Garba also contended that he is entitled to be issued with a certificate of meritorious service for the furtherance of his career and submitted that by international best practices, the termination of his employment for services no longer required is not a valid reason, and urged the Court to grant the reliefs sought,” the court stated.

First Bank objects

In opposition, the legal team of the First Bank was quoted as saying that the disengagement of the claimant was based on the terms and conditions of his employment.

  • “First Bank of Nigeria Ltd denied the entirety of Garba’s claims and maintained that his appointment was terminated by the terms and conditions of his employment, and alleged that Mr. Garba has failed and refused to pay the indebtedness in spite of repeated demands.
  • “The bank maintained that by the terms of employment, it had no obligation to state any reason for terminating Mr. Garba’s appointment, and the insurance policy, is not binding on Mr. Garba not being a signatory to the policy,” the court statement read in part.

What the judge said

Delivering judgment, Justice Sinmisola Adeniyi held that in a written or documented contract of service, the court should not and will not look outside the terms stipulated or agreed therein in deciding the rights and obligations of the parties.

The court also held that the contract between the parties “was validly and mutually determined in accordance with the terms and conditions prescribed in the contract of employment, and Mr. Garba has not proved by credible evidence the claim for the refund of the sum of N416,390 allegedly deducted from his account.”

Subsequently, the court ordered Mr. Garba to pay First Bank of Nigeria Ltd N3,445,833.22 being the outstanding balance of loans collected while in service.


Follow us for Breaking News and Market Intelligence.
Tags: Contract of serviceFirst Bank of NigeriaLoanNational Industrial Court
Nnaemeka Onyekachi

Nnaemeka Onyekachi

My name is Nnaemeka Onyekachi, a writer, public speaker and an award winning journo with over 5,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently serving as a Senior Editorial Analyst at Nairametrics, my passion lies in delivering insightful financial,corporate, economic news and analysis on foreign relations, governance, judiciary and legislature.

Related Posts

Legal & Regulations

Court of Appeal allows First Bank appeal in case against GHL

September 11, 2025
Industrial Court awards N20 million damages against Edo Govt, 4 others for unlawful sack of staff
Legal & Regulations

Employment Slot: Court dismisses case seeking 1% FCT Indigenes’ Recruitment into Nigeria’s MDAs 

June 23, 2025
FCT High Court, Benjamin Joseph, zinox
Legal & Regulations

Court dismisses FirstBank’s suit against GHL over crude cargo, but bank insists cargo arrest remains in force 

March 26, 2025
First Bank
Company News

GHL and its Directors still under court injunction – First Bank   

January 30, 2025
Oba Otudeko loses N371 million from his Honeywell flour stake in a single day
Legal & Regulations

Oba Otudeko clarifies role amidst FBN and GHL dispute 

January 17, 2025
Industrial Court awards N20 million damages against Edo Govt, 4 others for unlawful sack of staff
Legal & Regulations

Plants Operators Association battle Labour Minister, NLNG over Trade Union registration bid, others 

January 17, 2025
Next Post
Naira , dollar, exchange rate

Naira trades at April low as U.S dollar near six month high

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
Palmpay
access bank
nairametrics
first bank








DUNS

Recent News

  • CFDs: Octa Broker on a perfect trading instrument for the day and age 
  • Imperial celebrates 18th anniversary
  • Vest Acquico petitions SEC after collapse of N60.5 billion offer to Africa Capital Alliance for Cornerstone Insurance stake

Follow us on social media:

Recent News

CFDs: Octa Broker on a perfect trading instrument for the day and age 

CFDs: Octa Broker on a perfect trading instrument for the day and age 

September 12, 2025
Imperial celebrates 18th anniversary

Imperial celebrates 18th anniversary

September 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics