RITA NOSAKHARE PEMU, J.C.A. (Delivering the Leading Judgment): This is an appeal at the instance of the Appellant, who is appealing the Judgment of Honourable Justice B.F.N. Nyako of the Federal High Court, Lagos delivered in Suit No. FHC/L/CS/881/10 on the 23rd of May 2012.
By Originating Summons filed on the 19th of July 2010, the Plaintiff (Appellant in the present appeal) sought the determination of the following questions and reliefs viz:
(1) Whether Bank of Singapore Limited (formerly ING Asia Private Bank Limited), a Bank registered in Singapore can carry out banking business in Nigeria without licence duly issued by the Central Bank of Nigeria.
(2) Whether various visits to Nigeria by officers of the said bank of Singapore Limited to solicit for customers resident in Nigeria who upon being convinced completed account opening forms in Nigeria and placed various deposits with the Defendant are in contravention of the Companies and Allied Matters Act Cap 20 Laws of the Federation…