Home Topics Omamofe Boyo
If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.
The Oando and SEC saga just got more interesting. In their personal capacities, Oando PLC’s boss, Wale Tinubu and his Deputy, Omamofe Boyo, have obtained an injunction under presiding Judge C M A Olatoregun of Federal High Court (FHC), Lagos, restraining the SEC from implementing the sanctions contained in its 18 month long forensic audit report.
The Lagos Division of the Federal High Court has restrained the Securities and Exchange Commission (SEC) from removing Wale Tinibu and Omamofe Boyo as Oando Plc’s Group Chief Executive Officer (GCEO) and Deputy Group Chief Executive Officer (DGCEO), respectively.
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.
The Federal High Court in Lagos has granted the Group Chief Executive, Oando, Wale Tinubu and his deputy, Omamofe Boyo, an injunction restraining the SEC from executing the sanctions in the letter to Oando dated the 31st of May, 2019.
Fireworks on the controversy over corporate governance issues in Oando Plc may begin today as the management of the company is set to contest the veracity of the sack of its directors by the Securities and Exchange Commission, SEC, last weekend.
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.
Nigeria’s Securities and Exchange Commission’s claims that the group chief executive officer of Oando Plc, Wale Tinubu, his deputy Omamofe Boyo and the oil firm were involved in dubious activities cannot be substantiated, an official of the oil company Oando said late on Friday.
After over a year of forensic audit, the Securities and Exchange Commission (SEC) has concluded investigation of Oando Plc and barred the Group Chief Executive Officer, Mr Wale Tinubu, from being a director of a public company for five years.
The Securities and Exchange Commission has concluded its investigation of Oando Plc and ordered the Group Chief Executive Officer of the company, Mr Wale Tinubu, and other affected board members to resign.
Oando Plc said on Friday that it would challenge the Securities and Exchange Commission (SEC) ruling on the outcome of its forensic audit.
Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million
The dispute between Gabrielle Volpi and the principals of Oando has been ongoing for over a year and has been a cause of concern for companies and individuals alike who look for investments to grow their business via individuals in the form of equity or debt.
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, has said the joint venture between the NNPC and the Nigerian Agip Oil Company (NAOC) will add an extra 480 megawatts (MW) to the federal government’s power generation aspiration.
The Nigerian Communications Commission (NCC) says it is working on ensuring the availability of spectrum to boost broadband deployment and penetration in the country.
The Akwa Ibom state government says it will be giving monthly financial support to 41,000 households in the state.
A cleric, Pastor Helen Oritsejafor, has called for a national dialogue to resolve challenges threatening the peace and unity of Nigeria, saying like a marriage the country would find peace through dialogue.
Jurgen Klopp opted to take the positives out of Liverpool's first pre-season match in the United States after the Reds fell to a 3-2 defeat to Borussia Dortmund in Indiana.
The National Youth Service Corps (NYSC) have donated relief materials including food items, medicine and clothing to internally displaced persons, who were victims of banditry attacks in Katsina.
Confederation of African Football (Caf) has released a list of officials that will be part of the 2019 Africa Cup of Nations (Afcon) final between Algeria and Senegal on Friday night.
The Social Democratic Party (SDP) has urged President Muhammadu Buhari to overhaul the security apparatus in the country to halt the spate of killings and other crimes.
South Sudan's armed forces and rebels were on Friday ordered to report to military camps, a much-awaited step towards creating a unified national army as part of a peace accord.
Real Madrid coaches have been left ‘stunned’ by Takefusa Kubo and could hand the teenager a place in the first team squad for this coming season.
It all started when Frodd and the other guys tried to go into the bathroom to shower but were stopped by Tacha, who didn’t want to share the bathroom with anyone.