Ardova shareholders’ fight stalls delisting plans – SEC, NGX step in

 
The planned delisting of energy giant, Ardova Plc, from the Nigerian Exchange Limited (NGX) has stalled over shareholders’ disagreement on the valuation of the shares held by its owners.

The downstream oil and gas company, it would be recalled, had on Tuesday, February 8th, 2023, announced that it had concluded plans to delist the firm from the NGX as a public liability company.