Court Strikes Down 177% Default Fee
An Abuja High Court has invalidated a contractual provision imposing a 0.5 per cent daily default charge, equivalent to approximately 177 per cent annually, in a dispute between Halkin Exploration…
An Abuja High Court has invalidated a contractual provision imposing a 0.5 per cent daily default charge, equivalent to approximately 177 per cent annually, in a dispute between Halkin Exploration…