"Oando PLC apologizes for any inconveniences caused," the company said. Nigerian energy firm, Oando Plc, says its failure to submit the third quarter 2020 financial results was caused by the indefinite suspension of the company’s Annual General Meeting. The company said this in a disclosure notice sent to the Nigerian Stock Exchange, NSE. The disclosure, […]
The Nigerian bourse ended the fourth trading session on a negative note. Consequently, the All-Share Index plunged by 1.27% to close at 34,577.26 points as against 35.021.26 recorded the previous trading session, while the market capitalization of equities dropped to N18.072trillion as market sentiment thread in the negative territory. A total volume of 553.9 million […]
By Charles Abuede Market capitalisation increased by N140 billion to N18.6 trillion Read Also: With the equities market continuing to show a bullish trend so far this week, investors believe the current development might lead up to a consolidation phase in subsequent trading days, which could then lead to a temporal reversal at the end […]
Nigerian energy firm, Oando Plc, says its failure to submit the third quarter 2020 financial results was caused by the indefinite suspension of the company’s Annual General Meeting. The company said this in a disclosure notice sent to the Nigerian Stock Exchange, NSE. The disclosure, signed by Ayantola Jagun, Oando’s secretary, said the integrated energy […]
Monday , December 7 , 2020 / 5:00 P M / NSE / Header Image Credit: Premium Times NG Pursuant to the directive of the Nigerian Stock Exchange (NSE) this is to update Oando PLC’s (referred to as "Oando" or the "Company") shareholders and stakeholders of the delay in the release of the Company’s 2020 […]
Oando Plc, an integrated energy company, has blamed the Securities and Exchange Commission (SEC) for its inability to submit third quarter (Q3) 2020 financial results . In 2019, SEC found the energy company guilty of “serious infractions”, thereby barring Wale Tinubu, its chief executive officer (CEO) and Mofe Boyo, deputy CEO from the boards of […]
The year-to-date (YTD) growth of the Nigerian Stock Exchange (NSE) All-Share Index (ASI) hit 32.2 per cent yesterday on the back of the continued bull run. The market has recorded positive performance in the past three days with the NSE ASI gaining 0.76 per cent to close at 35,493.15. The sustained gains have boosted the […]
Market breadth was positive with 29 stocks gainers in contrast with 14 losers [Reuters/Akintunde Akinleye] The Nigerian equities on Tuesday, extended its positive momentum with the market capitalisation increasing further by N199 billion, as investors stepped -up bargain-hunting ahead of 2021. Specifically, the market capitalisation rose by N199 billion or 1.09 per cent to close […]
Taofik Salako, Deputy Group Business Editor THE Nigerian Stock Exchange (NSE) has formally effected the change of name of Japaul Oil & Maritime Services to its new name Japaul Gold & Ventures, concluding the restructuring process of the former oil servicing company into its new business of mining natural resources. The change of name at […]
The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, the […]
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