Stallion Group has filed an enchantment in opposition to a Federal High Court judgment delivered in Lagos on Friday, in a industrial dispute involving United Bank for Africa (UBA) Plc.
The enchantment issues Suit No. FHC/L/CS/2074/2023, UBA Plc & Ors v. Stallion Nigeria Ltd & Ors, which arose from a industrial dispute initiated by UBA in 2023.
An announcement signed by Abdulsalam Gaffar Olatokunbo on behalf of Stallion Group on Friday mentioned it disagreed with the court docket’s choice and believed there have been grounds for appellate evaluate.
“Having reviewed the judgment with its legal advisers, the Group considers that there are strong grounds for appellate review and is determined to pursue its rights through the courts,” the assertion mentioned.
The group disclosed that it had filed a Notice of Appeal on the Court of Appeal, alongside an software for a keep of execution of the judgment pending the listening to and dedication of the enchantment.
Stallion Group mentioned it might pursue the enchantment whereas respecting the judicial course of.
“The Group has confidence in the appellate courts and in their ability to consider the issues raised on appeal,” it added.
The firm additionally assured its workers, clients, enterprise companions and different stakeholders that its operations remained ongoing regardless of the authorized dispute.
“The Group’s operations continue,” the assertion mentioned.
It urged stakeholders to depend on verified data quite than hypothesis or sensational stories, noting that the matter was now earlier than the appellate court docket.
