- The United Bank for Africa has taken over the assets of one of the biggest conglomerates in Nigeria
- A Federal High Court in Lagos granted the bank the order to take over the assets of Stallion Group
- The court named other financial institutions in the Suit, such as Opay, Kuda, and Moniepoint.
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
The United Bank for Africa (UBA) has taken over the assets of Stallion Nigeria Limited and its affiliates in Lagos, Port Harcourt, and Kano due to a Federal High Court order in Lagos in an alleged N156 billion debt suit.
