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OANDO GROUP
SEC has addressed allegations leveled against it regarding the on-going Oando Plc saga. The regulator maintained that due investigative processes were followed to arrive at its decision to remove Wale Tinubu and Omamofe Boyo as the GCEO AND DCEO; respectively.
How they respond to the stark allegations from SEC is critical to winning the argument in the court of judges and lawyers as well as the court of public opinion.
The Federal High Court has restrained the Securities and Exchange Commission (SEC) from removing embattled Wale Tinubu and Omamofe Boyo as Oando Plc’s Group Chief Executive Officer and Deputy Group Chief Executive Officer, respectively.
Oando's share price fell 9.6% to N4.20 on Friday as news made rounds of an imminent SEC ruling.
Nigerian National Petroleum Corporation NNPC has issued a 2-year crude export license to some local and foreign companies....
Oando has announced a delay in the release of its 2017 financial reports for the twelve months ended December...