Tag: Oando

Shares in the company climbed by 9.1 per cent to N47.5 per unit in Lagos but remained unchanged in Johannesburg, ...

The company announced a 32% year-on-year increase in production by its upstream business in its unaudited results for the full ...

The performance was driven by stronger production volumes and operational efficiency.

On Monday, the company held an emergency general meeting to consider “the measures for addressing the diminution in capital of ...

She succeeds Ayotola Jagun, who previously served in the position.

The company maintained a profit-after tax of N63 billion, consistent with the result recorded in H1, 2024.

This performance comes in the wake of its recent release of its 2024 FY Audited Financial Statement, where it reported ...

In the upstream, Oando’s production witnessed a 3% increase to 23,727 boepd; made up of crude oil production which increased ...

This newly secured capital injection will be strategically deployed to aggressively pursue key growth initiatives

Shares in Oando had appreciated by 6.8 per cent in Lagos as of 12:54 WAT, but had shed 4 per ...

She told policymakers, investors, and industry leaders across the continent that the feat was achieved through decisive actions by President ...

Environmental pollution has remained one of the dominant issues in Nigeria’s Niger Delta region.

Wale Tinubu, said indigenous energy companies are rewriting Nigeria’s energy story doing it with power, purpose, and pride.

The deal allows AfrexInsure to provide critical risk management solutions to Oando by ensuring that Afreximbank’s investment in the energy ...

Oando announces stock dividend of over one billion additional shares to shareholders as the Company's share price grew exponentially from ...

Oando posts strong financial performance, announces N65.5bn profit-after-tax in FY2024 results

Oando Energy Resources was awarded the operatorship to run the block in Onshore Kwanza Basin after a bidding process arranged ...

At the close of trade in Lagos, the market value of the 152 listed equities stood at N62.8 trillion, up ...

The Deal of the Year award “recognises the most transformative and impactful deal in the energy sector – honouring excellence ...

Oando resumes trading on Nigerian Stock Exchange, posts N62.6 billion profit-after-tax in H1 2024 results in a winning streak and ...

Oando rebounds with 43 per cent increase in turnover in FYE 2023 audited financials, reaching N2.9 trillion compared to N1.9 ...

Oando Plc’s Wale Tinubu leads high-level delegation to African Energy Week (AEW) 2024 holding in Cape Town, South Africa

The companies made the call at a public hearing on oil theft, pipeline vandalism and their effects on oil-producing states, ...

The rename was done via a special resolution dated 11 June 2024 by the board of the company.

Oando, which is listed in Lagos as well as in Johannesburg, considers the acquisition as a cornerstone of its long-term ...