Dr. Ainojie Alex Irune has been appointed as Oando’s new Executive Director. And he was to resume his appointment from Friday, August 9, 2019....
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Oando PLC has announced its financial results for the six months ended June 30, 2019 with a profit-after-tax (PAT) of N7.2 billion. Oando which had its operation grind to a halt during the Securities and....
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The Securities and Exchange Commission (SEC) may have lost the authority to carry out the planned imposition of N89.7 million fine on Oando Plc. The commission had announced in a letter released on May 31, 2019 that it would fine the company....
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Stuart Symington, US ambassador to Nigeria, has advised the federal government to get rid of fuel subsidy. The advice is coming a week after Muhammad Sanusi, emir of Kano, said heavy subsidy is leading....
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Counsel to the Securities and Exchange Commission (SEC), Chief Anthony Idigbe (SAN), on Monday opposed an application seeking to join Oando Plc in a suit filed its Group Chief Executive Officer, Mr Adewale Tinubu, and his deputy, Mr Omamofe Boyo.....
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As the federal government inaugurates the new board of the Securities and Exchange Commission (SEC), a group, Initiative for Leadership and Economic Watch in Nigeria, has appealed to the members to review the sanctions imposed on Oando Plc by the management team.
The group also charged …...
Oando finally responded to the Securities and Exchange Commission’s (SEC) Sunday, June 9, 2019 press release in which the Commission said it had given Oando sufficient opportunity of being heard and....
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Stocks to watch comprises the top gainers and losers from the previous week, companies that will be having corporate actions this week, and those that made announcements after Friday’s closing bell....
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One of the “Big Four” accounting firms in the world, Deloitte Touche Tohmatsu Limited, has reacted to the lingering issue between Oando Plc and the Securities and Exchange Commission (SEC).
In a statement made available to the public, the accounting firm threatened that “it may resort to...
Oando Plc Again, the embattled management of Oando Plc has accused the Securities and Exchange Commission (SEC), of not granting it fair hearing before dissolving its board....
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Capital market operators on Wednesday urged firm and holistic handling of the conflict between the Securities and Exchange Commission (SEC) and Oando PLC to protect investors’ interest in the.....
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Oando Plc on Monday said that it had yet to receive any letter from the Securities and Exchange Commission (SEC) on the appointment of its interim management team.
A competent source in the company, who pleaded anonymity, told newsmen in Lagos that Oando had yet to be notified …
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Adewale Tinubu, embattled chief executive officer of Oando Plc, has obtained a court injunction against the Securities and Exchange Commission (SEC).
According to court papers seen by TheCable on Monday, Tinubu filed an application before the federal high court in Lagos....
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Oando Plc has demanded from the Securities and Exchange Commission the report of the forensic audit carried out by Deloitte & Touche for it to have a better understanding of the findings that culminated in the decisions taken by the commission.
SEC, on Friday, announced the conclusion of …...
Oando Plc has issued a detailed response to decisions taken by the Securities and Exchange Commission (SEC) following the conclusion of a forensic audit. The commission had last Friday, given the following directives to the company....
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The Securities and Exchange Commission (SEC), has ordered Oando Plc‘s Group Chief Executive Officer (CEO), Wale Tinubu to resign from his position over serious infractions including false disclosures, market abuses, amongst others....
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Operators on the nation bourse on Friday said that suspension of two directors of Oando Plc from public companies for five years would bring sanity to the capital market....
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Oando Plc said on Friday that it would challenge the Securities and Exchange Commission (SEC) ruling on the outcome of its forensic audit. The company made the disclosure in a statement issued in.....
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The humanitarian crisis in the North-east part of the country has received the attention of the United Nations (UN) Nigerian Humanitarian Fund- Private Sector Initiative (NHF-PSI) made up of some key private sector....
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and the Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu …
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