Stallion Nigeria refutes claim of alleged debt to GTB, says matter pending in court

Stallion Nigeria has refuted reports that it is indebted to Guaranty Trust Bank (GTB) to the tune of N13 billion.

Reacting to reports that GTB took over its assets over the debt, the firm claimed that no such debt exists.

On Friday, reports said that GTB took over Stallion Nigeria’s assets after the N13 billion judgement debt in suit FHC/L/CS/2/47/2019 filed at a federal high court sitting in Lagos.