OANDO CLAIMS COURT ORDER HALTING SUSPENSION ON SHARES

OANDO CLAIMS COURT ORDER HALTING SUSPENSION ON SHARES
October 31, 2017 Advocaat Law Practice

Following Nigerian Stock Exchanges (NSE) technical suspension on Oando Plc. shares and the decision to undertake a forensic audit into its affairs, Oando Plc has claimed it has obtained an interim injunction from a Federal High Court restraining the NSE and any other parties working on its behalf from giving effect to the directive of the Securities and Exchange Commission (SEC) to implement the suspension, pending the hearing and determination of the motion for injunction.