BEVERLY HILLS, April 11, (THEWILL) – The shares of Oando Nigeria Plc moved up the maximum 10 per cent to N6.99, within the first one hour of trading on the Nigerian Stock Exchange (NSE) on Wednesday.
The Securities and Exchange Commission (SEC) late Tuesday ordered the Stock Exchange to lift its six-month share price freeze on Oando Nigeria.
As directed, trading into the company’s shares began on Wednesday morning to the excitement of the market.
The energy company is currently under independent forensic investigation ordered by the Securities Commission with an interim report due in a few weeks’ time.
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