Business Oando Plc Goes After NSE and SEC With In Court To Stop Technical Suspension Of Shares

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Oando is fighting the technical suspension of its shares by the Nigerian Stock Exchange. According to a Premium Times report, the company had obtained a court order restraining the Nigerian Stock Exchange, NSE, from placing its shares on technical suspension.

The company also obtained a separate order restraining the Nigerian Securities and Exchange Commission, SEC, from conducting an audit into its finances pending the hearing of the motion.

It appears this saga will play out for a while longer.

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Group Chief Executive of Oando PLC

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