NGX Regulation Limited (NGX RegCo), the regulatory arm of the Nigerian Exchange Group (NGX), has suspended trading in the shares of Oando Plc.
NGXRegCo announced the suspension in a notice issued by the Head of Issuer Regulation in the organisation, Godstime Iwenekhai, and addressed to trading licence holders on Thursday.
The development comes seven months after the oil firm was suspended from the Johannesburg Stock Exchange (JSE) in South Africa.
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