Contract dispute: Court fixes ruling on injunction

By Henry Ojelu
A High Court sitting in Ifo, Ogun State, is expected to rule on Monday, August 3, 2026, on an application for an interlocutory injunction in a suit over an alleged breach of contract involving the assets of Dolphin Steels Limited, which is in receivership.
The suit, HCF/136/2026, was instituted by Prodigy Finance Limited, which is seeking, among other reliefs, an order of specific performance over an agreement for the sale of the company’s assets located in Papalanto, Ifo Local Government Area of Ogun State.
The defendants in the matter are the receiver-manager of Dolphin Steels Limited, Mr. Olugbenga Ajala, and Zenith Bank Plc.
At the resumed hearing on July 23, co...