Oando Plc
Oando drags SEC to appeal court
Oando Plc has headed for the Court of Appeal in its bid to lift the technical suspension imposed on its shares on the floor of the Nigerian stock market by the Securities and Exchange Commission.
Suspended SEC chief awarded contracts to his companies, family members – Kemi Adeosun
Minister of Finance, Kemi Adeosun, says she cannot be blackmailed over her suspension of the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo due to alleged fraud, saying that the suspended SEC boss awarded contracts to companies related to him and members of his family.
Suspended SEC chief Mounir Gwarzo tried to blackmail me – Kemi Adeosun
The Minister of Finance, Kemi Adeosun, on Thursday said her decision to suspend the embattled Director General of the Securities and Exchange Commission, Mounir Gwarzo, followed his attempt to blackmail her over the ongoing probe of Oando Plc.
Federal workers back govt on suspension of SEC chief Mounir Gwarzo
Federal workers under the auspices of the Association of Senior Civil Servants of Nigeria on Wednesday thrown its weight behind the Federal government over the suspension of Mr Mounir Gwarzo as Director-General Securities and Exchange Commission.
Festus Keyamo warns against politicizing investigation of suspended SEC chief
Festus Keyamo, Senior Advocate and Human Rights lawyer, on Wednesday warned against politicizing the investigation of suspended Director General of the Securities and Exchange Commission, SEC, Mounir Haliru Gwarzo.
Oando to undergo forensic audit
The Securities and Exchange Commission (SEC) has begun the forensic audit of Oando Plc, contrary to reports that the exercise stopped due to the suspension of the Director-General of the Commission, Mr Mounir Gwarzo.
Severance pay and severe pain
For Mr. Mounir Gwarzo, director-general of the Securities and Exchange Commission (SEC), these are not the nicest of times. He must be in a severe pain. He has just been suspended by Mrs Kemi Adeosun, minister of finance, over allegations of impropriety
Court strikes out Oando’s suit to stop forensic audit
A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking to stop SEC from conducting a forensic audit on the company and also lift a technical suspension placed on its shares.
NNPC pledges support for indigenous oil coys at launch of Lagos midstream jetty built...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has pledged to deepen support to indigenous companies in Nigeria’s oil and gas industry.
NNPC pledges support for indigenous participation in Nigeria’s oil industry
The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas Industry.
Oando conceived Lagos midstream jetty to save Nigeria $50 million annually
Across Africa, the Public Private Partnership (PPP) model has become increasingly critical as both a funding and operational mechanism for social and economic infrastructures
Oando releases strong Q3 results with N7.1bn profit
The economic recovery is also evident in the third-quarter results of the financial sector. Access Bank declared N365 billion earnings, a 33% increase from N275 billion in same period in 2016 while FBN Holdings declared N45.8 billion, up by 5.2% from N417.4 billion in Q3 2016 amongst others.
Oando keeps mum as NSE places shares on technical suspension
The Nigerian Stock Exchange, NSE, on Monday placed shares of Oando Plc on technical suspension.
Nigerian Stock Exchange partially lifts suspension on Oando’s shares
The Nigerian Stock Exchange (NSE) says it has partially lifted the suspension placed on shares belonging to Oando Plc.
Johannesburg Stock Exchange suspends Oando shares
The Johannesburg Stock Exchange on Thursday suspended trading in the shares of Nigeria’s oil company, Oando Plc.
Why we suspended trading of Oando shares – NSE
The Nigerian Stock Exchange, NSE, on Wednesday clarified the suspension of trading in the shares of Oando plc for two days.
SEC suspends sales of Oando shares
The Securities and Exchange Commission on Wednesday instructed the Nigerian Stock Exchange to implement a full suspension in the trading of the shares of Oando Plc.
Equities appreciate by N70bn despite 22 losers
The Nigerian equities market advanced by N70bn at the close of trading on the floor of the Nigerian Stock Exchange on Thursday notwithstanding depreciation in 22 stocks.
EFCC recovers N329 billion from 10 oil marketers for NNPC
The Economic and Financial Crimes Commission (EFCC) says it has recovered N329.150billion from 10 oil marketers from 2016 to date.
Forte Oil in talks on refinery deal to boost capacity
Nigeria's Forte Oil said on Friday it was in talks with a major refinery to form a strategic partnership for local refining of petroleum products in Africa's top oil exporter, its chief executive said.
Oando posts N4.6 billion PAT in H1, 2017
Oando Plc, one of the Nigeria’s leading oil and gas companies, has declared a profit after tax (PAT) of N4.6 billion for the half year ended June 30, 2017, as against a loss of N26.9 billion in the corresponding period of 2016.
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House summons finance minister, budget chief over duty waivers
The House of Representatives Committee on Public Accounts on Monday summoned the Minister of Finance, Zainab Ahmed; Director-General, Budget Office of the Federation, Ben Akabueze; and other officials of the Ministry of Finance to shed light on duty waivers granted to some companies.
VP Osinbajo seeks think-thank inputs in policies, projects
Vice-President Yemi Osinbajo has said think-tanks play an important role in national development to unlock the mystery of failed or poorly implemented policies and projects, but more importantly, promote a practical, nitty-gritty guide to implementing projects and policies.
Thomas Tuchel urges Tammy Abraham to fight for Chelsea spot
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WTO chief calls for more vaccine plants in developing countries
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Hike in price of cooking gas worries Enugu residents
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![Players and officials of Nigeria Professional Football League [NPFL] side Adamawa United FC were robbed at gunpoint around Benin-Ore expressway on Friday night at about 11.45 pm on their way for their week 11 NPFL fixture against MFM FC in Lagos.](https://www.today.ng/wp-content/uploads/2021/02/20111422-150x150.jpg "Kidnapped Adamawa United FC driver regains freedom")
Kidnapped Adamawa United FC driver regains freedom
Kabiru Mohammed, the driver of Adamawa United FC, who was kidnapped along Benin-Lagos highway, has been released by his abductors.
N9.7 billion fraud: Court acquits ex-NAF chief on 6 out of 7-count charge
The Abuja Division of the Federal High Court, on Tuesday, discharged and acquitted the former Chief of Air Staff, Air Marshal Mohammed Umar Dikko, on six out of the seven-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against him.
Jurgen Klopp offers his take on Liverpool’s top-four chances
The Premier League title holders have endured an injury-ravaged 2020-21 campaign, with inability to name a settled starting XI leading to uncharacteristic, but not all that surprising, inconsistency.
Appeal Court strikes out Facebook’s appeal against trademark judgment
The Court of Appeal sitting in Lagos, Tuesday, dismissed Facebook’s appeal challenging the judgment of a Federal High Court, Lagos, which awarded N10 million against it (Facebook) in favour of a Nigerian firm, Double Paws Enterprise, as damages for unlawfully interfering with the use of the firm’s trademark.