Regulatory Alerts2018-04-12
Lifting of Technical Suspension on OANDO Shares
The Nigerian Securities and Exchange Commission directed the Nigeria Stock Exchange to lift Oando Nigeria Plc's technical suspension, enabling market-driven price determination. This directive follows the complete withdrawal of shareholder litigations that had extended the suspension since a forensic audit was initiated in October 2017. The Commission will continue overseeing the ongoing Deloitte audit and issuing stakeholder updates to safeguard investor interests in the capital market.
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