Stallion Group has filed an attraction towards the judgment delivered by the Federal High Court, Lagos, on October 16, 2026 in Suit No. FHC/L/CS/2074/2023: UBA Plc and Ors v. Stallion Nigeria Limited & Others.
The judgment arose from a business dispute initiated by UBA Plc in 2023.
An announcement by Abdulsalam Gaffar Olatokunbo mentioned Stallion Group respectfully however firmly disagrees with the choice, including that having reviewed the judgment with its authorized advisers, it thought of that there are robust grounds for appellate overview and is decided to pursue its rights by the courts.
The Group famous {that a} Notice of Appeal has been filed on the Court of Appeal and keep of execution of the judgment pending the listening to and willpower of the attraction.
It added that it will pursue the attraction vigorously and will proceed to respect the judicial course of.
The Group mentioned it has confidence within the appellate courts and their capability to contemplate the problems raised within the attraction.
“The Group’s operations continue. We ask our employees, customers, business partners and other stakeholders to rely on verified information and not on speculation or sensational reports about a matter that is now before the appellate court,” the confused.
