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SEC Orders The Removal Of Wale Tinubu As CEO Of Oando Plc by wontiboje: 5:57pm On May 31, 2019 |
Nigeria's Securities and Exchange Commission, SEC, has just barred Mr. Wale Tinubu, the CEO of Oando Plc from being a director in any company for five years. The SEC ordered the company to convene "An Extra-ordinary General Meeting of the company consisting the shareholders before July 1 to appoint new directors." The decision of the SEC means that Mr. Wale Tinubu would be removed as the substantive chief executive officer of Oando plc. Oando is a Nigerian indigenous oil company with several interests across the various value chain of the oil and gas industry. Read more-https://pageone.ng/2019/05/31/sec-bars-oando-ceo-wale-tinubu-for-five-years/ |
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