Oando Plc Seeks NGX Approval to list 4.4 Billion Rights Issue shares
Oando Plc has submitted an application to the Nigerian Exchange for approval to list a rights issue of 4,415,867,342 ordinary shares. The company aims to raise N220.79 billion in fresh capital through this offering. The details of the proposal were outlined in a regulatory filing signed by Mrs. Folasade Ibidapo-Obe, Oando’s Secretary and Chief Compliance…