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Oando

11 Jul 2019
People who are dishonest, or rash, or stupid will inevitably suffer the penalties of dishonesty, or rashness, or stupidity — Herbert Spencer Quite...
10 Jul 2019
OVH Energy Marketing Ltd., licensee of the Oando retail brand, has announced that it is the official fueling partner of Nigeria’s entrepreneurial reality TV show, The Next Titan (TNT) Nigeria. The firm made this known at a media briefing session in Lagos, ahead of show’s sixth season. Speaking on its sponsorship of the reality show,…
7 Jul 2019
Stakeholders, at the just concluded Oil Council: Africa Assembly, have canvassed for gender equality in the oil and gas industry. A panel discussion, which focused on,‘From Encouraging Science, Technology, Engineering, and Mathematics (STEM) Subjects to Balancing the Boardroom: Gender Diversity and Equality in the African Energy Industry’ had representatives from indigenous companies in Africa and…
28 Jun 2019
The Institute of Directors (IoD) Nigeria, has set up a panel to investigate the crisis between the Securities and Exchange Commission (SEC), and Oando Plc.   IoD, which said it has issued public comments accordingly, also mandated its committees on Director Development and on Ethics, to examine the outcome and recommend suitable actions when the issues…
25 Jun 2019
A group of stakeholders in the capital market, Consolidated Capital Market Stakeholders Forum (CCMSF), has said the Securities and Exchange Commission (SEC), followed due process in the suspension of the directors of Oando Plc. The group in a statement signed by Umar Usman, urged the Oando directors to provide credible evidence refuting the findings of…
19 Jun 2019
The Consolidated Capital Market Stakeholders Forum (CCMSF), has taken a swipe at insinuations that the Securities and Exchange Commission (SEC), was unfair to Oando Plc in the report of the forensic audit recently released.     The SEC had recently wielded the big stick against Wale Tinubu, banning him and his deputy; Omamofe Boyo, from…
13 Jun 2019
Minority shareholders of Oando Plc, yesterday, condemned the recent cancellation of the company’s 2018 Annual General Meeting (AGM) by the Securities and Exchange Commission (SEC), urging the federal government to mandate the Commission to reimburse them for losses incurred in preparation for the meeting. The shareholders insisted that the 2018 financial year has nothing to…
11 Jun 2019
Following the ex-parte order of the Federal High Court, Ikoyi Lagos in suit no: FHC/L/CS/910/19, in Mr. Jubril Adewale Tinubu and Anor V Securities...
10 Jun 2019
Following the ex-parte order of the Federal High Court, Ikoyi Lagos in suit no: FHC/L/CS/910/19 in Mr. Jubril Adewale Tinubu and Anor V Securiries and Exchange Commission (SEC) and Anor, the commission has announced the suspension of Oando Plc's Annual General Meeting (AGM) slated for Tuesday, June 11, 2019 till further notice. According to SEC,…
10 Jun 2019
The Securities and Exchange Commission (SEC) has maintained that Oando Plc was given sufficient time to clear itself of the alleged infractions it was penalised for. The News Agency of Nigeria (NAN) yesterday in Lagos quoted a statement by its Head, Corporate Communications, Mrs. Efe Ebelo, where the commission stated that the decision was for…
9 Jun 2019
The Securities and Exchange Commission (SEC) on Sunday said that Oando Plc was given sufficient opportunity of being heard before they were penalised.
5 Jun 2019
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.

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