Nigeria, Feb. 24 -- Oando PLC joined the Nigerian Stock Exchange (NSE) top gainers with a 10 per cent increase in share price from N3.18 on Tuesday, to N3.41 on Wednesday.

The share price appreciation can be attributed to the recent announcement of the nullification of the Securities and Exchange Commission's (SEC) suspension of Oando's Annual General Meeting (AGM), in a ruling presided over by Justice O A Musa, at the High Court of the FCT.

The court ruling, deemed a big win for Oando shareholders, was filed by Patrick Ajudua, an Oando shareholder. According to Olowola Kehinde, an Oando shareholder and Coordinator, Sage Shareholders and Inc, "This news is evidence that if given the opportunity, our shares could be doing considerably be...