Oando, Cutix, Airtel Nigeria and Total Nigeria made the stocks-to-watch list this week. Their capital market and off-market activities or decisions is expected to have a...
The stock market recorded less investment this week compared to what was traded last week due to a two days Eid el-Kabir break between Tuesday and...
Oando Plc has reached an agreement with the Securities and Exchange Commission (SEC) to drop all charges relating to operational breaches. Oando and SEC have been...
The business community was entertained by confrontation between regulators and companies last week. The companies involved in this faceoff didn’t come out as winners, as shareholders...
The Securities and Exchange Commission (SEC) has reiterated that Oando Plc’s Annual General Meeting (AGM) stands suspended in the latest twist in the long-running battle between...
Securities and Exchange Commission (SEC) has been told it has no authority in non-capital matters as Oando’s director, Yakubu Gumel, obtained a court order nullifying the...
For the second day running, the Nigerian Stock Exchange (NSE) sustained its bullish run on Wednesday as market capitalisation reached N12.924 trillion at the close of business. The...
The Federal High Court sitting in Lagos has adjourned till June 24, hearing in the case between Oando Plc’s Group Chief Executive Officer, Mr Adewale Tinubu,...
The Securities and Exchange Commission (SEC) on Monday announced the suspension of the Tuesday Annual General Meeting (AGM) of Oando Plc. Following the suspension of top...
Two independent non-executive directors of Oando Plc have resigned from the company’s board, TheCable can report. Sena Anthony and Oghogho Akpata have both informed the Nigerian...
The police on Monday laid siege to the headquarters of Oando Plc located on Ozumba Mbadiwe Avenue, Victoria Island, Lagos. Members of staff of the company...
Oando Plc. said it is not affected by the July 6, 2018 ruling of the London Court of International Arbitration ordering the payment of $680 million...
Trading session on the floor of the Nigeria Stock Exchange (NSE) on Monday recorded bearish performance to open the week, as indices of major sectors in...
The Nigeria Stock Exchange (NSE) sustained a weak performance throughout May, causing the market to hit its worst monthly decline in over 2 years amid continous...
The Minister of Finance, Kemi Adeosun, has waded into the latest controversy surrounding the trading of Oando shares involving the Securities and Exchange Commission (SEC) and...
Nigerian capital market authorities presented contradictory clarifications on the regulatory impasse that saw the lifting of technical suspension on Oando Plc and reversal of the same...
Barely three hours after lifting technical suspension on the shares of Oando, authorities at the Nigerian Stock Exchange (NSE) have reinstated the technical suspension, throwing the...
The Nigerian Stock Exchange (NSE) has just lifted technical suspension on the shares of Oando Plc. The technical suspension took effect on Wednesday April 11, 2018....
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has directed forensic auditors to proceed with the audit of Oando Plc. Akintola Williams Deloitte, a...
The Administrative Panel of Inquiry, set up to look into the allegations of financial misconduct by the Director-General, Securities and Exchange Commission, Mr Mounir Gwarzo, has...
Oando Plc has dragged Securities and Exchange Commission (SEC) to the Court of Appeal to challenge the technical suspension the commission imposed on its shares on...
The suspension of the Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo is stirring up a lot of happenings. The House of Representatives...
The Federal High Court (FHC) in Lagos on Thursday removed the temporary reprieve that it granted Oando by declining jurisdiction on the case instituted by Oando...
The lingering crisis in Oando Plc is far from over as a group of shareholders on Wednesday called on the embattled company’s management team led by...
It was a battle of wits at the annual general meeting (AGM) of Oando on Monday in Uyo, Akwa Ibom State as various shareholders’ groups raised...
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has given Oando the nod to go ahead with its annual general meeting as scheduled for...
The Federal Government, Oando and Agip have reached agreement for the Oando/Agip consortium to manage the Port Harcourt Refinery under a repair, operate and maintain (ROM)...
It was an all-week upswing at the Nigerian stock market this past week as investors continued to react positively to steady improvements in corporate earnings in...
Nigerian equities relapsed again into the negative on Thursday, continuing the topsy-turvy that has seen the stock market trading alternatively between positive and negative. Against the...
What was expected to bring a long lasting peace to the Niger Delta area seems to have been lost following an announcement on Wednesday by the...
Oando Plc has reached definitive agreement to sell 49 per cent equity stake in its gas subsidiary, Oando Gas and Power (OGP) Limited for $115.8 million,...
Facts have emerged that major and independent marketers in the country are owing the Federal Government about N86.4bn as at July 2016. According to reports, a...
The management of Oando Plc has alerted the investing public that the company suffered foreign exchange (forex) losses, which reduced profit in the second quarter and...
Oando Plc will this Monday delist its foreign-listed subsidiary, Oando Energy Resources (OER) Inc, after buying over shares of minority shareholders. OER is listed on the...
Oando, Nigeria’s indigenous integrated energy group, may record a pre-tax loss of not less than N70 billion in the 2015 business year, according to preliminary review...
In from Success Allantee . . . The Nigerian Stock Exchange (NSE) has slammed three separate fines on Oando Plc over the delay of its audited...
As part of efforts to address the shortage of petroleum products in the country, President Muhammadu Buhari has approved fuel import allocations to 29 oil marketing...
In from Success Allantee… Oando Plc has reached definitive agreement to sell the majority equity stake in its downstream business to HV Investments, a joint venture...
