Oando reports profit-after-tax up 10% to ₦241.3 billion as upstream production rises 32%
The company announced a 32% year-on-year increase in production by its upstream business in its unaudited results for the full ...
The company announced a 32% year-on-year increase in production by its upstream business in its unaudited results for the full ...
The honour is in recognition of Mr Wale Tinubu’s contributions to enterprise-building, energy sector transformation, and national development.
The performance was driven by stronger production volumes and operational efficiency.
The company maintained a profit-after tax of N63 billion, consistent with the result recorded in H1, 2024.
This year, Oando secured operatorship of Block KON 13 in Angola, marking its strategic entry into the Kwanza Basin and ...
This newly secured capital injection will be strategically deployed to aggressively pursue key growth initiatives
The deal allows AfrexInsure to provide critical risk management solutions to Oando by ensuring that Afreximbank’s investment in the energy ...
Tagged ‘Ola! Finally, in Lagos,’ the intimate gathering took place at the Pier Harbour on Victoria Island attracting an array ...
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
This acquisition is a significant milestone in Oando's long-term strategy to expand its upstream operations and strengthen its position in ...
In its trading operations, Oando had a marked improvement; recording a 50 per cent increase in traded crude oil volumes.
MTN Nigeria’s public shares sale, held in December 2021, remains the only IPO to be recorded by the NGX in ...
The state government is situating the project within a broader plan that will buck up the switch to renewables
Mr Tinubu emerged winner of the APC presidential primary election held at Eagle Square, Abuja, between June 7 and 8.
Oando is withdrawing its court case and will pay fines while its officials will remain in their respective roles.
One of the operators urged stakeholders ''to speak up with one voice against the continued payment of subsidy on petroleum ...
Mr Kyari is expected to take over the reins at the NNPC on Monday.
Last month, SEC ordered Oando’s Group Chief Executive Officer, Wale Tinubu, and other affected board members to resign.
An operator urges the Federal Government to intervene in the matter to safeguard investors’ confidence in the capital market.
Shareholders say they were caught unawares.
The Commission on Sunday constituted an interim management team for the company to be headed by Mutiu Sunmonu.
About a dozen police officers were sighted at Oando's head office at Ozumba Mbadiwe Avenue, Victoria Island, Lagos.
The Nigerian capital market regulator directs the members of the Board of the company to resign their positions forthwith.
The business mogul donated 800 Nigerian Oil and Gas books to fifteen universities and two national libraries across Nigeria.
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