Court Denies Access Bank’s Request to Freeze MTN Nigeria Accounts Over N180.95 Billion Debt

A Federal High Court in Lagos has denied Access Bank Plc’s request to freeze the bank accounts of MTN Nigeria Communications Plc, effectively halting a bid to recover over N180.95 billion in debt tied to an expired infrastructure-sharing agreement. The ruling, delivered by Justice Akintayo Aluko, underscores the complexities of a decade-long financial dispute that continues to affect Nigeria’s business landscape.