Connect with us

Trending News

After SEC Settlement, Oando Set To Release Its Results

Published

on

Oando

Oando, Nigeria’s leading energy solutions provider confirmed that it will release its 2019 audited financial statement at the end of Q1 2022.

In a statement issued on Wednesday, February 2, the company explained that its financials were delayed as a result of the then indefinite suspension of the Company’s 2018 Annual General Meeting (AGM) by the Securities and Exchange Commission (SEC) on June 10, 2019, thus preventing the company’s shareholders from appointing an auditor for its 2019 financials.

To the delight of shareholders, Oando resolved its dispute with the SEC in July 2021, and subsequently held its 42nd Annual General Meeting (AGM) in August of the same year. At the AGM, the shareholders appointed Ernst & Young as auditors of its 2019 financials.

Consequent to the audit and filing of its 2019 financials, Oando has explained that it will hold its 43rd AGM where it will propose that shareholders appoint an auditor for the filing of its 2020 and 2021 audited financial statements rather than having two separate AGMs for this purpose, all towards mitigating any further delays in the release of its financials.

In this regard the company is confident that it will be in full compliance with its regulatory requirements regarding its Annual Financial Statements and Unaudited Financial Statements by the end of December 2022.

66 / 100 SEO Score

Trending News

“Lights, Camera, Abuja! AICL GMD Attends SIN Premiere, Reinforces Support for Creative Economy”

Published

on

By

Abuja, Nigeria – July 12, 2025 – The Group Managing Director of Abuja Investments Company Limited (AICL), Ambassador Maureen Tamuno, attended the highly anticipated premiere of the movie SIN as the Special Guest of Honour at Silverbird Cinemas, Jabi Lake Mall, on Saturday, July 12, 2025.

The premiere drew industry stakeholders, creative talents, investors, and cinema enthusiasts to celebrate Nigeria’s evolving film industry. Ambassador Tamuno’s presence underscored AICL’s ongoing commitment to positioning Abuja as a leading destination for film, culture, and creative enterprise.

The Abuja Film Village project is a visionary initiative and subsidiary of AICL designed to create a thriving hub for film production and entertainment in the heart of Nigeria. Which aligns with AICL’s mandate to drive impactful investments in Abuja’s creative economy, and also echo the broader development goals of the Federal Capital Territory Administration (FCTA) under the leadership of the Honourable Minister of the FCT, Barr. Nyesom Wike.

Delivering the vote of thanks, Ambassador Maureen Tamuno, the Group Managing Director of Abuja Investments Company Limited (AICL), expressed excitement over the premiere of SIN, describing the film as a compelling and socially relevant production that reflects the power of storytelling in shaping public awareness.

“This is an international-standard film, and we’re truly excited to see this level of work being produced” she said. “SIN is not just a movie — it’s a message. These are the kinds of stories we need to tell, especially to our young people, to help them understand the risks of getting involved in things they don’t fully comprehend.”

The movie SIN, written and produced by Jim Iyke explores the dark realities of drug use and trafficking, shedding light on the devastating impact of substance abuse on individuals, families, and communities. It showcases the depth of Nigerian storytelling and the growing potential of Abuja as a cinematic backdrop for socially conscious films.

The premiere was attended by notable figures from the public and private sectors, including Abdullahi Auwal Rano [Chairman AA Rano group of companies], Charles Odii[DG/CEO of SMEDAN], DCG BM Jibo[Deputy Comptroller of Customs] and Prince Nicolas Okachukwu amongst others.

AICL’s strategic initiative of the Abuja Film Village Project are in line with the vision of the Renewed Hope Agenda championed by President Bola Ahmed Tinubu, which prioritizes youth development, job creation, and cultural revitalization through strategic public-private partnerships.

3 / 100 SEO Score
Continue Reading

Politics

Tinubu May Replace Shettima with Kwankwaso as 2027 Running Mate

Published

on

By

Tinubu considers Kwankwaso 2027 running mate

Tinubu considers Kwankwaso 2027 running mate as political tension grows in North. Shettima’s position faces internal criticism amid Kano-based pressure

(more…)

26 / 100 SEO Score
Continue Reading

News

Dapo Abiodun’s Educational Qualifications: The Moral Burden

Published

on

By

Dapo Abiodun academic controversy

Governor Dapo Abiodun’s academic controversy raises critical questions about leadership integrity, youth inspiration, and education in Nigeria

(more…)

22 / 100 SEO Score
Continue Reading

Trending News