Lotus Bank Trademark Suit Adjourned to February 9, 2027

In Short

Bright Light Media Ltd. is suing LOTUS Bank for N2 billion over alleged trademark infringement and passing off linked to the “EID SOUQ” brand. The Federal High Court in Lagos has adjourned hearing of pending applications to February 9, 2027.

What Happened: How The “EID SOUQ” Dispute Reached Court

Justice Ayokunle Faji of the Federal High Court, Lagos adjourned hearing of pending applications in the case.

Bright Light Media Ltd. is seeking injunctive reliefs over alleged infringement and passing off on its “EID SOUQ” brand. Passing off is when a business is presented in a way that could make the public think it is linked to another business.

The claimant is demanding N2 billion in damages, alleging the bank adopted and used its distinctive “EID SOUQ” mark to promote a 2026 Eid celebration without authorisation. The company is also seeking a perpetual injunction to restrain the bank and related parties from further using the disputed mark.

In court, Mr Emmanuel Ochai appeared for the claimant, while Mr Folabi Kuti (SAN) appeared for the defendant. The defence informed the court of a preliminary objection opposing the suit and referred to an earlier case before the state high court which was heard in 2024. The claimant’s counsel argued that the 2024 state high court case is different from the matter before the Federal High Court.

After arguments, Justice Faji urged counsel to produce the agreement between the parties on the next adjourned date. The court also asked the defence to make its objection comprehensive.

Why It Matters

The dispute centres on brand ownership and event marketing rights. For banks and consumer-facing companies, campaigns tied to public celebrations can carry legal risk if naming, trademarks, or past partner agreements are contested.