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Securities and Exchange Commission suspends Oando shares, orders audit

  By Chijioke Ohuocha Lagos (Reuters) - The Securities and Exchange Commission (SEC) said on Wednesday it had ordered the suspension of Oando shares, citing concerns...

Oando to raise $402m, sell subsidiaries

Lagos (Reuters) - Oando Plc plans to seek shareholders' approval next month to raise up to 80 billion naira ($402 million) through a rights...

Oando sells 60% of downstream business to Vitol

LAGOS (Reuters) - Nigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for...

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