Stallion Group Appeals Court Ruling Against UBA Plc
Stallion Group has filed an appeal against a Federal High Court judgment delivered in Lagos concerning a commercial dispute with United Bank for Africa (UBA) Plc. The case, identified as Suit No.
FHC/L/CS/2074/2023, arose from a dispute initiated by UBA in 2023. A statement from Abdulsalam Gaffar Olatokunbo, representing Stallion Group, indicated that the group disagrees with the court's decision and believes there are strong grounds for appellate review.
Stallion Group has submitted a Notice of Appeal to the Court of Appeal, along with an application for a stay of execution of the judgment while the appeal is pending. The group expressed confidence in the appellate courts and assured stakeholders that its operations would continue despite the ongoing legal dispute.
Stallion Group urged stakeholders to rely on verified information rather than speculation regarding the matter now before the appellate court.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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