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1-10 results from 300 for query «oando»

April 28, 2018 12:55 PM Oando PLC declares N19.8 billion profit, records upward performance

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. Many would have thought that the Securities and Exchange Commission’s (SEC) investigation into the company, technical suspension of the company’s 53

April 13, 2018 7:37 PM Kemi Adeosun appoints Mary Uduk, Ag SEC DGThe Sun News

The Minister of Finance, Mrs. Kemi Adeosun, on Friday approved appointment of Ms Mary Uduk as the Acting Director General of the Securities and Exchange Commission (SEC), in what she described as the reassignment of portfolios in the capital market regulatory body. Uduk replaces Dr Abdul Zubair who was Acting SEC DG but now moved to External Relations 36

April 7, 2018 2:55 AM NNPC signs contract agreements for 614km AKK projectThe Sun News

Hope of timely execution of the Ajaokuta-Kaduna-Kano gas pipeline projects brightened on Friday as the Nigerian National Petroleum Corporation (NNPC) announced the execution of contracts for the engineering, procurement, construction, commissioning and financing deals with a consortium of indigenous and Chinese companies under a 100 per cent contractor 37

March 6, 2018 4:21 PM SEC To Begin Oando Audit

The Securities and Exchange Commission (SEC) says all is now set for the commencement of the long-awaited forensic audit of Oando PLC. The acting Director General of the Commission, Abdul Zubair , announced in Abuja on Tuesday that the two lawsuits filed by Oando PLC and some of it’s shareholders, which restrained the commencement of the audit process 44

February 3, 2018 6:56 PM Oando chief, Wale Tinubu breaks down in tears during emotional tribute to late brother, Deji [VIDEO]

Oando CEO, Wale Tinubu, has delivered an emotional tribute to his late brother, Deji, who passed on January 25, 2018. Wale, who revealed that he received the news of his late brother, while he was about to catch a flight, broke down in tears as he spoke about Deji, who he described as an “incredible human being” Tinubu, who until his death was who until 192

December 25, 2017 9:25 AM Osinbajo visits filling stations in Lagos [PHOTOS]

As fuel scarcity continues to bite Nigerians hard, Vice President Yemi Osinbajo, last night, made a surprise visit to some filling stations on the Island in Lagos. The Vice President visited Pandora filling station at Elegushi and Heyden Petroleum by Victoria Garden City, VGC. Osinbajo’s first stop was at Oando Petrol Station where he engaged citizens 37

December 24, 2017 6:22 AM Fuel scarcity: NNPC staff cancel Christmas holiday

Staff of the Nigerian National Petroleum Corporation (NNPC), have cancelled their Christmas holiday, in a bid to ensure the lingering fuel scarcity is curtailed. This was revealed by President Muhammadu Buhari’s Personal Assistant on New Media, Bashir Ahmad. Ahmad tweeted on Saturday night: “Had a long conversation with the GMD @NNPCgroup, @DrMKBaru 46

October 31, 2017 10:32 PM Oando declares N383.5bn turnover in Q3 2017, as debt reduces by N18bn

The company also reduced its debt by N18 billion, from N247 billion as at December 2016 to N229 billion. The company’s gross profit increased by 148 per cent to N71.2 billion from N28.6 billion, while profit-after-tax increased by 120 per cent to N7.1 billion from a loss of (N35.8 billion) in Q3 2016. Commenting on the results, Wale Tinubu, Group Chief 121

October 18, 2017 2:15 PM Nigeria’s SEC suspends trading in Oando’s shares

The Securities and Exchange Commission (SEC) has directed the Nigerian Stock Exchange to place the shares of Oando Plc on technical suspension. A statement by the management of the commission on Wednesday said the company would be suspended due to several complaints against it by shareholders in the capital market. Technical suspension is the interruption 46

October 18, 2017 1:48 PM SEC launches forensic audit, suspends trading on Oando shares

Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has launched a forensic audit into the operations and governance of Oando Plc in furtherance of the Commission’s investigation into allegations of corporate governance abuse and improper dealings. SEC has also directed the Nigerian Stock Exchange (NSE) to suspend trading 49