In a recent legal development, the Federal High Court has dismissed a substantial lawsuit filed by a group of ginger farmers seeking ₦374 billion in damages from Keystone Bank. The court's decision was based on the plaintiffs' inability to provide sufficient evidence to substantiate their claims against the financial institution.
The ginger farmers had alleged that Keystone Bank's actions had adversely affected their farming operations, leading to significant financial losses. However, during the proceedings, the court found that the evidence presented was inadequate to support the allegations made. Consequently, the case was dismissed, underscoring the importance of concrete evidence in legal disputes involving financial claims.