LAGOS, June 20 (Reuters) - Shares in Oando Plc rose the maximum 10 percent allowed on the Nigerian stock exchange on Friday, after the oil firm said it had won government approval to complete a $1.65 billion acquisition of ConocoPhillips’ Nigerian assets.
Oando, which has triple listings in Johannesburg and Toronto, rose to 30.37 naira ($0.19) per share.
Oando said late on June 18 it had received government approval to complete the deal. ($1 = 163.05 naira) (Reporting by Chijioke Ohuocha. Editing by Jane Merriman)