29/4/2016/OER Oando Energy Resources announces that the outside date under OER’s previously announced proposed plan of arrangement (the “Arrangement”) with Oando PLC and Oando E&P Holdings Limited (the “Purchaser”) has been extended to May 31, 2016 in order for the parties to obtain the remaining outstanding lender consents. Other material […]
Tag: Oando Plc
Nigerian Equities Reel under Sustained Losses on Investments Decline, ASI Dip 0.34%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities on Monday reeled under sustained losses as it opened the week on a bearish note, closing 0.34 percent lower on investment declines. At the close of the day’s session, the all share index (ASI) closed at 24,765.10 points, while market capitalisation dropped […]
Nigerian Stocks Extend Gains to Third Consecutive Day, ASI up 0.50%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday extended its gain for the third consecutive day as all-share index (ASI) climbed up 0.50 percent to close at 24,909.88 points, while market capitalisation rose by N42.97 billion to N8.57 trillion. “Today’s performance further pared the Month-to-Date and Year-to-Date losses to 1.57 percent […]