Documents made available by the Securities and Exchange Commission has shown that Oando over-deducted withholding tax from the dividends paid to shareholders.
The company was reported to have deducted 24% of dividends as withholding tax instead of the 10% stipulated by the Federal Inland...
The delay in the forensic audit of Nigerian oil and gas firm, Oando plc, by the Securities and Exchange Commission, SEC, is caused by ‘payment to auditors and other logistic concerns’, PREMIUM TIMES has learnt.
A top official at SEC told PREMIUM TIMES on Tuesday that the regulatory body was...
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