Firm granted foreclosure order over N150m loan

Firm granted foreclosure order over N150m loan

An Ikeja High Court has granted a foreclosure order to Citygate Global Investment Limited, allowing them to sell a property over an unpaid N150m loan. Read More: https://punchng.com/firm-granted-foreclosure-order-over-n150m-loan/

“Court Grants Citygate Foreclosure Order” — Lagos Judge Allows Sale Of Businessman’s Okota Property Over ₦150m Loan Default

The Lagos State High Court sitting in Ikeja has granted a foreclosure order in favour of Citygate Global Investment Limited, empowering the financial services company to take possession of and sell a mortgaged property belonging to businessman, Hyginus Eze, over an alleged unpaid loan facility of ₦150 million. Justice Mathias O. Dawodu delivered judgment in Suit No. ID/9743GCM/2025 on May 14, holding that Citygate successfully established its en…