First Bank of Nigerian (FBN) Plc has been dragged to the National Industrial Court sitting in Awka over the unlawful termination of its staff.
Tennyson Ikpi, a former staff of First Bank  dragged First Bank Limited before the National Industrial Court sitting at Awka in Suit No: NICN/AWK/13/2015, following his indefinite suspension from duty and subsequent disengagement without adherence to the strict provision of employment law and internationally recognised best labor practices.
Mr. Ikpi a former staff of United Bank for Africa and a Branch Manager at Keystone Bank Limited, had a flourishing banking career until sometime in August 2012, when he received an offer letter from the First Bank of Nigeria ltd, due to his vast banking experience and impeccable track record.
Consequent upon the offer from First Bank of Nigeria Ltd, Mr. Ikpi on August 2012 tendered his resignation to Keystone Bank Limited, little did he know that calamity was looming around the corner.
Few weeks after his resignation, Mr. Ikpi received a letter from First Bank of Nigeria Ltd abruptly suspending his employment on ground of a spurious and unfounded allegation against him on the pages of some Newspapers by an individual who had a personal acrimony with him over a court case. 
Ikpi said, after keeping him in the dark without the payment of his salaries for 6 (Six) months and without any hearing or Judgment from any Court of law, First Bank of Nigeria  terminated his employment, a decision which he strongly believes violates his constitutional right to fair hearing and has since commenced an action at the National Industrial Court, challenging the constitutionality of the termination of his employment.
Mr. Ikpi is praying the Court to award the sum of N100 billion (One Hundred Billion Naira) against First Bank of Nigeria Limited for damages suffered by him, as a result of its unlawful action.

100 billion ke. Na wa 4 de man ooo no bi 100 million sef. He wan made overnite. Sha no try any rubbish dere ooo cos i am banking wit dem.

This one good for first bank, na so they go they sack people anyhow, how they just sack person because they see story for newspaper? why they no write to him former bank to get reference? this one hook them for neck ooooo hehehehe yeye bank

Haba N100b naija! This is an interesting case sha! my dear nothing will happen to your money as a customer of the bank, first bank na big bank. The only people the case might affect are employees who will not be paid profit sharing and shareholders who might not get dividends as the bank is likely to make loss resulting from contingency liability provisioning in their 2015 financials. But the man knows no Judge will grant him N100b no matter the mistake first bank made, Can he earn that much even if he were the MD of the bank for 100 years? lol