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NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
Nigeria’s Securities and Exchange Commission (SEC) has set up an interim management team to oversee local oil company Oando, the financial watchdog said on Sunday.
It said in a statement the team would conduct an extraordinary general meeting on or before July 1 to appoint new directors.
Nigeria’s SEC said on Friday it ordered a number of Oando board members to resign following an investigation. It added that it found “certain infractions of securities and other relevant laws” during the investigation.
Oando’s chief executive said the allegations were unsubstantiated. (Reuters)
