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Nigeria: Long Trail of Exiting Companies Threatens Nigerian Exchange s Drive to Grow Listings

Nigeria: Long Trail of Exiting Companies Threatens Nigerian Exchange s Drive to Grow Listings
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United kingdomAbuja federal capital territorySouth africaAndrew lathamAdebola akindeleBola tinubuAbdulwasiu sowamiSayyu dantataCorneliusg vinkFemi otedolaAliko dangoteAtlas maraTitan trust bankMecure industriesCourteville business solutionsUnion bank

Long trail of exiting companies threatens Nigerian Exchange s drive to grow listings

MTN Nigeria’s public shares sale, held in December 2021, remains the only IPO to be recorded by the NGX in the past five years.

Abuja federal capital territoryUnited kingdomSouth africaAtlas maraSayyu dantataFemi otedolaAndrew lathamCorneliusg vinkAbdulwasiu sowamiAdebola akindeleAliko dangoteBola tinubuMecure industriesTitan trust bankCapital hotelsExchange commission

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.

South africaFolorunso adeleyeNigeria agip oil companySuperflux internationalNigerian agip oil companyOil development partners limitedPurchase agreementProduction limitedOmamofe boyoMessrs tinubuPremium times

Oando s chances of continuing business doubtful as debt widens funding gap

Oando, listed in Lagos and Johannesburg, saw the arrears it owed trade partners and other payables climb by more than half to N705.8 billion, causing liabilities to surge past assets and leaving shareholders’ funds in the red.

South africaFolorunso adeleyeNigeria agip oil companySuperflux internationalOil development partners limitedProduction limitedOmamofe boyo

Oando releases delayed 2022 report, needs N3trillion to close funding gap

Oando, listed in Lagos and Johannesburg, saw the arrears it owed trade partners and other payables climb by more than half to N705.8 billion, causing liabilities to surge past assets and leaving shareholders’ funds in the red.

South africaFolorunso adeleyeNigeria agip oil companyOil development partners limitedSuperflux internationalProduction limitedOmamofe boyo