Investors Bite

SEC Appoints Deloitte to Lead Forensic Audit of Oando as Firm’s Shares are Suspended on JSE

Culled—Thisday 20/10/2017 Market welcomes action Goddy Egene In furtherance of its resolve to carry out a forensic audit of Oando Plc, the Securities and Exchange Commission (SEC) has revealed that it has appointed audit firm, Akintola Williams Deloitte, to lead the team of experts to undertake the audit of Oando. […]

Stocks Appreciate Marginally 0.01% ON Gains in Consmer, Industrial Goods Counters

October 19, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 19th October 2017 EQUITIES:   The equities market marginally gained +0.01% to close at 36,645.65pts after two consecutive days of negative close. Performance was bolstered on the back of the gains in STANBIC (+32pts), INTBREW (+21pt), and UBN (+7pts), […]

Johannesburg Stock Exchange Also Suspends Trading Of Oando Shares

October 19, 2017/The Will By Ugochukwu Ugwuanyi Barely a day after the Nigerian Stock Exchange, NSE, suspended trading on the shares of Oando Plc, the Nigerian oil company on Thursday suffered the same fate at the Johannesburg Stock Exchange, JSE. Nigeria’s Securities and Exchange Commission, SEC, had prompted the NSE […]