Nigerian court blocks watchdog from replacing boss of oil firm Oando - document

 Nigerian court blocks watchdog from replacing boss of oil firm Oando - document

LONDON (Reuters) - A federal court in Lagos on Monday blocked Nigeria's financial watchdog from replacing oil firm Oando's chief executive, according to a court document seen by Reuters.

Nigeria's Security and Exchange Commission had set up an interim management team and ordered chief executive Wale Tinubu and others to resign following an investigation.

(Reporting by Libby George; Editing by Mark Potter)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Your guide to the latest cricket World Cup stories, analysis, reports, opinions, live updates and scores on https://www.firstpost.com/firstcricket/series/icc-cricket-world-cup-2019.html. Follow us on Twitter and Instagram or like our Facebook page for updates throughout the ongoing event in England and Wales.

Updated Date: Jun 04, 2019 00:10:19 IST