Oando Requires N768.1bn Additional Funding By End Of 2023 To Prevent Bankruptcy

Oando Plc’s stock price has lost 8.9 per cent of its value to settle at N11.85 after its financial accounts cast doubt over its ability to continue as a going concern.

The company has topped the losers’ chart on the Nigerian Exchange Limited in the last two days following the facts presented in its 2021 audited financial report which it released on September 18, 2023.

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