oando nigeria plc

A Dubai-based trading firm of Oando Plc has been fingered in a fresh fraud by Eni, an Italian multinational oil and gas company. The Nigerian oil and gas company, which is still battling with allegations of sharp practice and fraudulent activities, was mentioned in the new scandal. … Read...

The recently concluded Nigeria Oil & Gas Conference, 2019 themed ‘Driving Nigeria’s Oil & Gas Industry Towards Sustained Economic Development and Growth’, has been described as insightful and eye-opening. In a presentation at the event, Oando Plc’s Group Chief Executive, Wale Tinubu, about...

Quite amusingly but with great lessons to learn from, the recent decisions taken by the Securities and Exchange Commission (SEC) on the report of a legally constituted Investigation Panel on the alleged corporate governance abuses in Oando Plc have continued to attract raging controversies with...

The Securities and Exchange Commission (SEC) is planning to partner the Federal Inland Revenue Service (FIRS), the Corporate Affairs Commission (CAC), and the Nigerian Stock Exchange (NSE), over Oando Plc‘s alleged corporate infractions. The capital market regulator disclosed that it plans to...

Institute of Directors The Institute of Directors (IoD) Nigeria, has set up a panel to investigate the crisis between the Securities and Exchange Commission (SEC), and Oando Plc. IoD, which said it has issued public comments accordingly, also mandated its committees … Read more via The...

Some shareholders of Oando Plc yesterday showed their disagreement with the Securities and Exchange Commission (SEC) over the suspension of the company’s annual general meeting (AGM). The company’s AGM, which was supposed to hold yesterday, June 11, 2019, was suspended by SEC … Read more...

Nigeria Police Force that barricaded Oando Plc’s head office in Lagos have finally vacated the office.... Read more via Vanguard News – http://bit.ly/2QZ9H1P Get More Nigeria Metro News

The Securities and Exchange Commission (SEC) on Sunday said that Oando Plc was given sufficient opportunity of being heard before it was penalised. The commission, in a statement signed by its spokesperson, Mrs Efe Ebelo, in Lagos said that there were various opportunities by the company to...

Following what can now be termed the longest forensic audit in the history of the Nigerian Securities & Exchange Commission (SEC) they published far reaching pronouncements and sanctions against Oando PLC’s principals said to be the outcome of the investigation into the company’s business. SEC...

Fresh facts have emerged concerning the alleged infractions and false disclosures by Oando Plc which prompted the Securities and Exchange Commission (SEC) to mandate the oil firm’s Group Chief Executive Officer, Wale Tinubu, his deputy, Omamofe Boyo, and other board members … Read more via...

Nigeria’s Securities and Exchange Commission (SEC) has set up an interim management team to oversee local oil company Oando, the financial watchdog said on Sunday. It said in a statement the team would conduct an extraordinary general meeting on or before … Read more via “nigeria” – Google...

Oando’s share price fell 9.6% to N4.20 on Friday as news made rounds of an imminent SEC ruling. The stock closed the month 13.4% down and is now the lowest share price (N4.15) since January 2019. The Security and Exchange Commission, SEC, issued a press release on Friday … Read more via...

More details emerged last weekend on reasons the Federal Government, for the second time this year, extended contracts for its 330, 000 barrels per day crude swap for 10 crude Refiners/traders. The swap contracts, known as Direct Sale Direct Purchase...... Read more via Newtelegraph –...

Today is October 1st, a special day in Nigeria’s history because it is the day the country gained independence from Great Britain. Already, President Muhammadu Buhari... Read more via Nairametrics – https://ift.tt/2zIeZI7 Get more: Nigeria Business News