SEC tackles court ruling vindicating OANDO Plc

SEC Oando Plc

SEC tackles court ruling vindicating OANDO Plc   The Securities and Exchange Commission (SEC) has faulted reports that a shareholder of Oando Plc, purportedly obtained a judgment from the Federal Capital Territory High Court against the commission. SEC in a statement on its official Twitter handle, @SECNigeria, said: “The attention of the Securities and Exchange Commission has been drawn to several publications in the media, where it is reported that a shareholder of Oando Plc, purportedly obtained a judgment from the Federal Capital Territory “The commission wishes to inform the…

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Court nullifies SEC’s suspension of Oando’s AGM

Court nullifies SEC’s suspension of Oando’s AGM

Court nullifies SEC’s suspension of Oando’s AGM     A high court at the Federal Capital Territory yesterday nullified Security and Exchange Commission’s (SEC) indefinite suspension of Oando Plc’s Annual General Meeting (AGM), two years ago, ruling that shareholders of the company have the rights of association as well as to assemble and hold an AGM. The judgment followed a suit filed by Mr. Patrick Ajudua, an Oando shareholder, who challenged SEC’s suspension order. The disgruntled shareholder had filed that the directive of the SEC suspending Oando’s AGM was in…

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FirstBank rewards its Verve card holders with free fuel

FirstBank

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider is set to reward customers for Verve Card usage in its Free Fuel Promotion. The Free Fuel promo which is activated by FirstBank in collaboration with Verve International and Oando Plc. kicked off on Monday, 6 July 2020 to Friday, 24 July 2020 between 6 am and 6 pm, the lender stated in a press release. In the promo, for a minimum of N3,000 fuel purchase, FirstBank Verve cardholders will receive 5 extra litres of fuel for free instantly at…

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