Oando in cross hairs as stock tumbles on SEC action rumours

by | July 17, 2017 11:03 am



Is the alleged SEC investigation cause for shareholder alarm? The Lagos listed stock of domestic oil and gas producer Oando Plc, tumbled by 9.58 percent on Friday after news broke of an alleged Securities and Exchange Commission (SEC) investigation into the firm. A Channels TV report on Friday stated that Oando PLC (“the Company” or…

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