Tag: Oando Plc
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NGX: Trading in shares of Oando Plc suspended
The Nigerian Exchange Regulation Limited (NGX RegCo), the regulatory arm of the NGX, on Thursday, suspended tradings in the shares of Oando Plc.
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NNPC acquires Oando stations to become Africa’s largest retailer
The Nigerian National Petroleum Company (NNPC) Limited has announced the acquisition of OVH Energy Marketing, owner and operator of the Oando branded retail service stations to become Africa’s largest petroleum products’ retailer. This was revealed by the Chairman Chairman of NNPC Limited, Margery Okadigbo, while speaking on the development in Abuja on Saturday. Okaigbo said,…
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SEC to resume forensic audit of Oando Plc
Dr Abdul Zubair, Acting Director-General, Securities and Exchange Commission (SEC) says it will resume forensic audit to probe Oando Plc based on petitions received by the commission from shareholders of the company. He disclosed this during a news conference on Tuesday in Abuja. Zubair noted that a forensic audit was initiated in 2017, and preliminary…