Nse lifts suspension on oandos shares again blames sec for confusion

It appears that you're referring to a recent news article about Oando Plc, a Nigerian oil and gas company. Here's a summary of the situation:

Background: Oando Plc's shares were suspended by the Nigerian Stock Exchange (NSE) in August 2020 due to a dispute between the company and the Securities and Exchange Commission (SEC) over alleged financial irregularities.

Recent Development: On February 24, 2023, the NSE lifted the suspension on Oando's shares, citing a lack of evidence to support the allegations made by the SEC. The NSE attributed the confusion to the SEC's failure to provide sufficient evidence to support its claims.

SEC's Response: The SEC has denied any wrongdoing and has stated that it will continue to investigate Oando's financial activities. The SEC has also accused the NSE of being biased in its decision to lift the suspension.

Impact: The lifting of the suspension has led to a surge in Oando's share price, with investors welcoming the news. However, the controversy has also raised concerns about the regulatory framework in Nigeria and the need for greater transparency and accountability in the country's capital markets.

It's worth noting that the situation is still unfolding, and further developments may emerge as the SEC continues its investigation and Oando responds to the allegations.