Zomay Marine and Sterling Bank Reach Out-of-Court Debt Settlement
By Sam Akpe The long-drawn legal combat between an indigenous firm, Zomay Marine and Logistics Limited and Sterling Bank, over a highly disputed debt case, has finally been settled out of court, the Federal High Court, Lagos Division, has confirmed. Both parties are said to have resolved all issues peacefully and have equally expressed readiness and mutual commitment to exploring future business opportunities together. Each party in…