Besides the sum, Justice Raliat Adebiyi further ordered Tilimanjaro Nigeria Limited to pay Nichole Integrated Investment Limited N1mlllon as general damages.
Nichole Integrated Investment Ltd contended in its statement of claim that sometime in 2011 Titilayo Nosa-Igiebor of Tilimanjaro Nigeria Limited approached Nichole Integrated Investment Ltd through its CEO Peter Omokaro, for a “friendly loan” of N15million. The claimant stated that by reason of the urgency which the defendant requested the loan and the ill health of the CEO at the material time, the loan agreement could not be executed by the parties before disbursement of the loan to the Tilimanjaro Nigeria Limited.
But in her statement of defence, Tilimanjaro through Titilayo Nosa-Igiebor denied obtaining any loan Nichole Integrated Investment Ltd.