MTN Nigeria has sued over twenty banks in its bid to recover about N6 billion interconnect debt from the bank accounts of SleekChip Technologies Limited, an international Direct Access and National Transit service provider in Nigeria, based on a favorable judgment of the Federal High Court in Abuja.
This is according to associated court documents exclusively seen and reviewed by Nairametrics.
The development follows a judgment in November 2024 by Justice Peter Lifu of the FHC, which ordered SleekChip to pay the plaintiff (MTN) the sum of $1,971,409.85 in its Naira equivalent at the prevailing Central Bank rate at the time.