Daily Post Nigeria
Published
Oando PLC and the Securities and Exchange Commission (SEC) have finally reached a settlement following a four-year long dispute.
The settlement is a win for the Capital Market, specifically shareholders of the company who have been the hardest hit, especially in light of the nature of challenges the country has been faced with; including an unprecedented pandemic, volatility in oil prices which forms a mainstay of the nation’s economy; an increase in the unemployment rate, inflation, poverty and insecurity, as well as a fall in the country’s ranking on the ease of doing business index.
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