London-listed oil firm with operations in Nigeria, Lekoil Limited, has suffered 41 per cent crash in its shares as the pullout by the majority shareholder of Lekoil Cayman, South African miner, Metallon, reportedly weighed in on the company. Platforms Africa reports that the value of the company’s shares dipped 41 percent at 0.90 pence, setting jitters down the spines of investors. In a Regulatory note sighted by Platforms Africa, Lekoil Ltd (Cayman) “notes that (it) is in dispute with Lekoil Nigeria about the day-to-day control of the Lekoil Group…” A firm and…
Read MoreInvestors jittery as Lekoil Ltd Shares crumble by 41% over Metallon pullout
