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Shareholders caution Oando against Ansbury reconciliation

Some shareholders of Oando Plc on Wednesday cautioned its management against moves to reconcile with Ansbury Investments Incorporated, owned by Mr Gabriele Volpi.

Shareholders ask Oando to resolve conflict with Ansbury

Some shareholders of Oando Plc have asked the company to settle its Ansbury Investments Incorporated.

ICPC files fraud charges against suspended SEC chief Mounir Gwarzo

The Independent Corrupt Practices Commission (ICPC) has filed fraud charges against the suspended director-general of the Securities and Exchange Service Commission, Mounir Gwarzo.

NSE: Oando leads seven other coys with 52.75 percent growth in April

Oando Plc and seven other companies outperformed stocks on the Nigerian Stock Exchange (NSE) in April to emerge as top performing equities in percentage terms.

Vice President Osinbajo presides over FEC meeting

The weekly meeting of the Federal Executive Council is ongoing at the Presidential Villa, Abuja.

House of Representatives commence probe of capital market operations

The House of Representatives sub-committee on Capital Market, Regulation and Compliance has started a probe in the capital market operations.

House of Representatives sub-committee probes 100 companies over alleged sharp practices

The House of Representatives sub-committee of the Capital Market on Regulation and Compliance has commenced probe into alleged sharp practices by some Public Limited Companies (PLCs) following plethora of petitions by shareholders in the sector.

Olubadan, Soun advocate community policing to tackle crime

The Olubadan of Ibadanland, Oba Saliu Adetunji and the Soun of Ogbomoso, Oba Jimoh Oyewumi, have advocated effective community policing to check crime.

SEC approves 120 merger related transactions in three years

The Securities & Exchange Commission (SEC) approved about 120 merger related transactions in the last three years, its acting Director General, Mary Uduk, said.

Plateau PDP zones governorship ticket to southern district

Ahead of the 2019 general elections, Plateau chapter of the Peoples Democratic Party (PDP) announced on Tuesday that it had zoned the ticket for the Plateau governorship contest to the southern senatorial zone.

Oando performance on upward trajectory as company declares profit of N19.8 billion

Oando has once again boosted shareholders confidence by publishing a N19.8bn profit after tax in its FYE 2017 financial results. Five quarters in a row, Oando PLC has sustained its trend of posting positive results.

SEC confirms MTN’s proposed $500 million initial public offering

The Securities and Exchange Commission (SEC) on Wednesday, confirmed that MTN Group had finally commenced discussions with it on the proposed $500 million dollars Initial Public Offering (IPO) ahead of its listing on the Nigerian Stock Exchange (NSE).

SEC moves to halt growing de-listing of quoted companies

Uduk, who said that some companies had complained of tax issues, however gave the assurance that the commission would engage the government to address the issue, in addition to expecting the CMC to come up with recommendations on this.

SEC partners IFC, AfDB to boost Sukuk bond investment

The Securities and Exchange Commission (SEC) on Friday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AFDB) for development of Sukuk bond investment.

House of Reps: Minister Kemi Adeosun right to suspend SEC chief Mounir Gwarzo

The house of representatives says Kemi Adeosun, minister of finance, was right to suspend Mounir Gwarzo, director-general of the Securities and Exchange Commission (SEC).

Johannesburg Exchange lifts ban on trading in Oando shares

The Johannesburg Stock Exchange, JSE, has lifted suspension on trading in the shares of Nigerian oil major, Oando Plc.

Oando shareholders demand Minister Kemi Adeosun’s sack

Shareholders of Oando Plc have demanded the sack of Kemi Adeosun, minister of finance, for allegedly interfering with the stock market.

Minister explains reinstatement of trading on Oando shares

While the shareholder groups have accused Adeosun of “unwholesome interference” in the nation’s capital market and meddling in the operations of SEC, and demanded her immediate sack, the minister has denied the allegations, saying the shareholder groups were speaking out of ignorance.

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