June 6, 2019/Cowry Asset

On Monday, June 3, 2019, three Days after the Securities and Exchange Commission (“SEC”) slammed penalties against the Oando plc (hereafter “Oando” or “the Company”), the Federal High Court of Lagos, following a suit filed by Oando against the SEC, conferred an interlocutory injunction on the Company, restraining SEC from executing sanctions against Oando. In effect, Federal High Court.

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