![Oando-PLC [Photo Credit: www.oandoplc.com]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2019/06/Oando-PLC.jpg?fit=859%2C484&ssl=1)
Oando releases delayed 2022 report, plots path to profitability
Oando, listed in Lagos and Johannesburg, saw the arrears it owed trade partners and other payables climb to N705.8 billion.
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Oando, listed in Lagos and Johannesburg, saw the arrears it owed trade partners and other payables climb to N705.8 billion.
Oando is withdrawing its court case and will pay fines while its officials will remain in their respective roles.
SEC had on May 31 suspended the applicants from being directors of a company for five years.
The Commission on Sunday constituted an interim management team for the company to be headed by Mutiu Sunmonu.
![Nigerian oil company, Oando. [Photo credit: Guardian Newspaper]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/10/Oando-Plc-e1508430335391.jpg?fit=900%2C507&ssl=1)
About a dozen police officers were sighted at Oando's head office at Ozumba Mbadiwe Avenue, Victoria Island, Lagos.
SEC on Friday barred Wale Tinubu, Oando's Chief Executive Officer, and Omamofe Boyo, the Deputy Group Chief Executive Officer, from ...
The Nigerian capital market regulator directs the members of the Board of the company to resign their positions forthwith.