Unauthorised Account Opening: Woman Slams N50m Suit On Moniepoint

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A woman, Abiodun Olokunjuwon, has instituted legal action against Moniepoint Microfinance Bank Ltd at an Oyo State High Court, Ibadan Judicial Division, alleging that the financial institution created bank accounts in her name without her approval. The suit, marked M1W/014/2026, was filed on February 11, 2026, with the claimant seeking N50 million in damages. In…

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