There was a significant sell-off of Oando shares on January 31, with its share price dropping 10percent to close at N68.40. Oando had traded at N76 per share on Thursday January 30. Investors may have been reacting to the company's earnings report recently released on the NGX.
According to NGX’
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
