A stay of execution only prevents the plaintiffs or beneficiary of the judgment or order from putting into operation the machinery of the law, the legal process of warrants of execution and so forth. An order for stay pending appeal therefore can only be granted in respect of executory judgment or order. But the judgment of the Court of Appeal is not an executory order.
— Agbaje JSC. Okoya & Ors. V. S. Santilli & Ors. ( SC.206/1989, 23 MAR 1990)