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SEC orders Oando to suspend AGM

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Securities and Exchange Commission (SEC) has directed Oando Plc to suspend its annual general meeting scheduled for Tuesday (tomorrow). SEC said in a statement on Monday that...

Two Oando directors resign as crisis deepens

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Oando Plc has notified the Nigerian Stock Exchange (NSE), its shareholders, stakeholders and members of the public of the resignation of two non-executive directors,...

Oando: Court restrains SEC from removing Tinubu, Boyo

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A Federal High Court in Lagos has restrained the Securities and Exchange Commission (SEC) from removing Wale Tinubu as Oando Plc’s Group Chief Executive Officer. The court...

Police storm Oando head office in Lagos

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Policemen on Monday morning stormed the head office of Oando Plc at Ozumba Mbadiwe Avenue, Victoria Island, Lagos. This follows an announcement on Sunday by...

SEC sets up interim management for Oando after sacking Wale Tinubu

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Securities and Exchange Commission (SEC) has set up an interim management team to oversee the affairs of Oando Plc. The commission had on Friday announced conclusion...

SEC sacks, bars Wale Tinubu, Omamofe Boyo from being directors of...

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Securities and Exchange Commission (SEC) has ordered the Group Chief Executive Officer of Oando Plc, Wale Tinubu, and several other board members to resign. Mr Tinubu is...

Gwarzo’s suspension valid, Adeosun insists

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Minister of Finance, Kemi Adeosun, on Tuesday insisted that suspension of the Director-General of Security and Exchange Commission (SEC), Mr Munir Gwarzo, was valid. Speaking...

Osinbajo sells fuel in Lagos

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Vice President Yemi Osinbajo stunned motorists waiting to buy petrol at an Oando filling station in Lekki, Lagos on Sunday when he began dispensing...

SEC begins forensic audit of Oando Plc

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The Securities and Exchange Commission (SEC) has begun the forensic audit of Oando Plc, contrary to reports that the exercise stopped due to the...

Panama Papers: 12 shell companies linked to Bola Tinubu’s nephew

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No fewer than 12 offshore companies have been linked to the Group Chief Executive of Oando PLC, Wale Tinubu, who is also a nephew...