Stallion Group states that its companies remain unaffected and fully operational after a Federal High Court judgment obtained by United Bank for Africa (UBA). The group says the judgment concerns Stallion Nigeria Limited and certain other companies directly involved in the legal proceedings.
In communications reported by multiple outlets, Stallion Group reassures customers, bankers, business partners, suppliers, and other stakeholders that the court decision does not extend to the broader group of companies. The group also reiterates its commitment to meeting lawful obligations.
Across the reports, the key emphasis is on clarifying the scope of the judgment and providing reassurance about business continuity. While outlets summarize the same position, they differ slightly in wording and which audiences are explicitly referenced, but all describe Stallion Group’s view that only specific entities are impacted.
