Proshare’s Economic and Market Intelligence Unit (EMI) represents that Oando completed its acquisition of 100 per cent of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from the Italian energy company, Eni. That may go unheralded for many reasons, but the news is making the rounds. Shareholders of Oando Plc are genuinely unhappy with the company for many reasons, none the least the promise sold to them, which did not materialise and for which the company has…
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