oando q2 report

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    Business Naira Devaluation: Oando Reports $261m Loss in 2016 Q2

    Oando Plc, expects materially lower earnings for the second quarter of 2016 due to the impact of Naira devaluation against the US dollar by the Central Bank of Nigeria (CBN), the company announced yesterday. Oando in a filing with the Nigerian Stock Exchange (NSE) said the impact of the Naira...
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