oando plc news

  1. Nigeria Business News

    Business Oando Plc gets a new Executive Director – Nairametrics

    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.... Read more via Nairametrics – https://ift.tt/2M9FHRb Get more: Nigeria Business News
  2. Nigeria Business News

    Business Oando Waxes Stronger, Posts N315.4bn Revenue – Leadership Newspaper

    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.... Read more via Leadership Newspaper – https://ift.tt/2KcrIXg Get more: Nigeria...
  3. Nigeria Business News

    Business SEC may not be able to impose N89.7 million fine on Oando anymore – Nairametrics

    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.... Read more via Nairametrics –...
  4. Nigeria Metro News

    Metro US ambassador asks FG to get rid of fuel subsidy – TheCable

    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.... Read more via TheCable – https://ift.tt/305GqWy Get More Nigeria Metro News
  5. Nigeria Business News

    Business SEC opposes joining of Oando in Tinubu’s suit – P.M. News

    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..... Read more via P.M. News –...
  6. Nigeria Business News

    Business New SEC Board Urged To Review Oando Sanction – Leadership Newspaper

    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 …...
  7. Nigeria Business News

    Business Still On SEC And The Oando Case – Leadership Newspaper

    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.... Read more via Leadership Newspaper – http://bit.ly/2N49U5s Get more: Nigeria Business News
  8. Nigeria Business News

    Business Oando leads this week’s watchlist as lawsuit against SEC resumes – Nairametrics

    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.... Read more via Nairametrics – http://bit.ly/2N8oSaw Get more: Nigeria Business News
  9. Nigeria Business News

    Business Oando Vs SEC Saga: Deloitte threatens to release detailed forensic audit – Nairametrics

    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...
  10. Nigeria Business News

    Business We were not given fair hearing, Oando insists – The Guardian Nigeria News

    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.... Read more via The Guardian Nigeria News – http://bit.ly/2Fdn0qI Get more: Nigeria Business News
  11. Nigeria Business News

    Business Oando Saga: Operators want firm, holistic regulatory handling to protect investors – Premium Times Nigeria

    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..... Read more via Premium Times Nigeria – http://bit.ly/2Z7X1sf Get more: Nigeria Business News
  12. Nigeria Business News

    Business Oando: We’re not aware of appointment of interim management team by SEC – TODAY.NG

    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 … Read more...
  13. Nigeria Business News

    Business Wale Tinubu gets restraining order against SEC, Mutiu Sunmonu – TheCable

    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.... Read more via...
  14. Nigeria Business News

    Business Oando demands forensic audit report, rules out directors’ resignation – TODAY.NG

    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 …...
  15. Nigeria Business News

    Business Oando Plc issues detailed response to SEC’s order – Nairametrics

    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.... Read more via Nairametrics – http://bit.ly/2JR1s7m Get...
  16. Nigeria Business News

    Business Why SEC ordered Oando’s Wale Tinubu to resign – Nairametrics

    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.... Read more via Nairametrics – http://bit.ly/2YXXQDR Get...
  17. Nigeria Business News

    Business Tinubu’s suspension will bring sanity on NSE – operators – Pulse Nigeria

    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.... Read more via Pulse Nigeria – http://bit.ly/2QzxEwz Get more: Nigeria Business News
  18. Nigeria Business News

    Business Oando to Challenge SEC’s Ruling On Forensic Audit – Leadership Newspaper

    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..... Read more via Leadership Newspaper – http://bit.ly/2wy4NQ6 Get more: Nigeria Business News
  19. Nigeria Business News

    Business Oando, Access bank, others raise fund to tackle crisis in N-East – Vanguard News

    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.... Read more via Vanguard News – http://bit.ly/2wcix2A Get more: Nigeria...
  20. Nigeria Political News

    Politics Kachikwu, Tinubu, Others Represent Nigeria in Africa Oil Week – Thisdaylive News

    The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and the Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu … Read more via Thisdaylive News – https://ift.tt/2Dngq1M Get More Nigeria Political News
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