Court upholds appointment of receiver/manager in UBA’s debt recovery suit against Stallion Group.
The Federal High Court in Lagos has ruled in favour ofUnited Bank for Africa(UBA) in a N156 billion debt recovery suit againstStallion Groupand its subsidiaries and upheld the appointment of the receiver/manager, Romeo Ese, by the bank as valid. In a judgment delivered by Justice Daniel Osiagor on F...
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Verified on Oct 16, 2026