Naira devaluation: Oando expects low Q2 earnings

Kunle Kalejaye 27 July 2016, Sweetcrude, Lagos – Oando Plc is expecting lower earnings for the second quarter of 2016 due to the impact of the Naira devaluation against the US dollar resulting in unrealised foreign exchange losses. This announcement is based on the unaudited financial statements for the period ended 30th June 2016. The impact […] More »