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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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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.

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Oando releases delayed 2022 report, plots path to profitability

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.

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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.

Italy
Johannesburg
Gauteng
South-africa
Lagos
Nigeria
Tinubu
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Folorunso-adeleye
Reuters
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Oil-development-partners-limited

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