NSE Reclassifies Oando Plc As Low Priced Stock

NSE Reclassifies Oando Plc As Low Priced Stock    Proshare Nigeria Limited UPDATED: NSE reclassifies Oando shares as Low-Priced Stock    Premium Times NSE Downgrades Oando To Low Priced Stock    Leadership Newspaper Market: NSE drops Oando Plc to Low Price Stock    Nairametrics View full coverage on Google News read more

Oando announces ‘significant gas discovery’ in Niger Delta

Oando announces ‘significant gas discovery’ in Niger Delta    Premium Times Oando PLC through its upstream subsidiary OER on Wednesday said it has made a significant gas and condensate discovery in its fields in the Niger Delta. read more

Oando, MRS, 34 others win NNPC’s crude-for-fuel swap contracts

Oando, MRS, 34 others win NNPC’s crude-for-fuel swap contracts    The Punch 'Femi Asu The Nigerian National Petroleum Corporation has announced the winners of its 2019/2020 contracts for the exchange of crude oil for imp... read more

Nigeria: NSE Re-Classifies Oando As Low Price Stock

Nigeria: NSE Re-Classifies Oando As Low Price Stock    AllAfrica.com The Nigerian Stock Exchange, NSE, yesterday, announced the re-classification of Oando Plc from medium-priced stock to low-priced stock. read more

NSE re-classifies Oando as low price stock

NSE re-classifies Oando as low price stock    Vanguard Nigeria News - The Nigerian Stock Exchange, NSE, yesterday, announced the re-classification of Oando Plc from medium-priced stock to low-priced stock. read more

Nigerian energy firm sacks 100 workers

Nigerian energy firm sacks 100 workers    Premium Times OVH Energy Marketing Ltd. has retrenched about 100 of its workforce in order to overcome the problem of salaries payment due to the ongoing challenges in the ... read more

NNPC, NAOC and OANDO JV Makes Gas and Condensates Discovery

NNPC, NAOC and OANDO JV Makes Gas and Condensates Discovery    Proshare Nigeria Limited A trilateral collaborative joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC), Nigerian Agip Oil Company, NAOC (an affiliate of ... read more

Oando Reaffirms Commitment to Support Development of Sao Tome & Principe

Oando Reaffirms Commitment to Support Development of Sao Tome & Principe    Premium Times Oando PLC recently paid a courtesy visit to the Prime Minister of Sao Tome and Principe (STP), Jorge Bom Jesus, and Osvaldo Abreu. read more

New gas discoveries confirmed at Onshore Niger Delta

New gas discoveries confirmed at Onshore Niger Delta    ESI Africa A Nigerian joint venture has made a significant gas and condensate find in the deeper sequences of the Obiafu-Obrikom fields, in OML61, onshore Niger Delta. read more

Oando Discovers 1trn Cubic Feet Of Gas Onshore In Niger Delta

Oando Discovers 1trn Cubic Feet Of Gas Onshore In Niger Delta    Leadership Newspaper Oando Plc, through its Upstream subsidiary Oando Energy Resources (OER), has announced that its Joint Venture (JV) operation has made a significant gas ... read more

Oando reaffirms commitment to support the development of Sao Tome and Principe

Oando reaffirms commitment to support the development of Sao Tome and Principe    Legit.ng Legit.ng News ☆ During a meeting with the prime minister of Sao Tome, Oando reaffirmed its commitment to support STP in building a sustainable economy ... read more

Stock market reverts to losing trend, sheds N27.9bn

Stock market reverts to losing trend, sheds N27.9bn    The Punch Feyisayo Popoola The Nigerian stock market reverted to its bearish trend on Tuesday as it lost N27.9bn following sell-off... read more

Nigeria SEC Says Oando Committed `Serious Infractions,' Bars CEO

Nigeria SEC Says Oando Committed `Serious Infractions,' Bars CEO    Bloomberg Nigeria's market regulator barred Oando Plc's chief executive officer and deputy CEO from the boards of public companies for five years after an investigation ... read more

Stock market rebounds with N93bn gain

Stock market rebounds with N93bn gain    The Punch Feyisayo Popoola The nation's stock market witnessed a rebound on Monday after two consecutive weeks of losses, gaining N93bn. The market capita... read more

Auditors Question Nigeria Oil Driller’s Ability to Stay Afloat

Auditors Question Nigeria Oil Driller’s Ability to Stay Afloat    Bloomberg Ernst & Young, auditors for Nigeria's Oando Plc, said there was material uncertainty about the energy company's ability to continue as a going concern, even as ... read more

Market Report: Equatorial Guinea launches first LNG storage on the West African Coast

Market Report: Equatorial Guinea launches first LNG storage on the West African Coast    Africa Oil & Power Equatorial Guinea to monetize gas resources through the creation of domestic gas-to-power infrastructure. read more

Volpi tightens his grip over Oando’s future

Volpi tightens his grip over Oando’s future    The Africa Report Italian-Nigerian businessman Gabriele Volpi has a strong hand in the sacking of Wale Tinubu as CEO of Nigeria's largest indigenous oil company, Oando. read more

Oando crisis deepens as two directors resign

Oando crisis deepens as two directors resign    Premium Times Two non-executive directors of Nigerian Oil firm Oando Plc have resigned. The two directors are Sena Anthony and Oghogho Akpata. This newspaper ... read more

GTB, UBA, others near one-year low on NSE

GTB, UBA, others near one-year low on NSE    The Punch Feyisayo Popoola The persistent bearish performance of stocks at the Nigerian Stock Exchange in recent times has seen prices of large cap stocks d... read more

Guinness leads losers as market sheds N129bn

Guinness leads losers as market sheds N129bn    The Punch Feyisayo Popoola The nation's stock market has reversed the gains it recorded in the last two days on the back of losses in Guinness Nigeria Plc a... read more

Stock market gains N255bn on renewed investors’ interests

Stock market gains N255bn on renewed investors’ interests    The Punch Feyisayo Popoola The nation's stock market sustained its bullish performance on Thursday, gaining N255bn in two days as investors took positions i... read more

Oando executive delegation visits Prime Minister of Sao Tome & Principe: Commits to more partnership

Oando executive delegation visits Prime Minister of Sao Tome & Principe: Commits to more partnership    Pulse Nigeria The Chief Operating Officer, Dr. Ainojie Alex Irune and General Manager, Commercial, Akinbambo Ibidapo-Obe, of Oando Energy Resources (OER), the ... read more

Oando secures court injunction to restrain SEC

Oando secures court injunction to restrain SEC    CNBCAfrica.com Oando Plc secured a court injunction restraining Nigeria's Securities and Exchange Commission from executing sanctions against the company. Oyeyemi Oke ... read more

Operators seek FG’s intervention in Oando, SEC saga

Operators seek FG’s intervention in Oando, SEC saga    The Punch Capital market operators have called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commissi... read more

Stock market begins September with N19bn gain

Stock market begins September with N19bn gain    The Punch Feyisayo Popoola The equities market opened trading in September on a positive note as investors gained N19bn. Analysts at Afrinvest Securities L... read more

Oando PLC Responds to SEC's Statement Regarding Fair Hearing in the Investigation of the Company

Oando PLC Responds to SEC's Statement Regarding Fair Hearing in the Investigation of the Company    Proshare Nigeria Limited Consequently, Oando disagrees with the statement “Oando PLC was given sufficient opportunity of being heard and accorded several opportunities to rebut the ... read more

Oando share price drops as SEC suspends AGM

Oando share price drops as SEC suspends AGM    The Punch 'Femi Asu The share price of Oando Plc declined at the close of trading on the Nigerian Stock Exchange on Monday after the Securities and Exchange... read more

Stocks sustain gains, investors earn N30bn

Stocks sustain gains, investors earn N30bn    The Punch Feyisayo Popoola. The nation's stock market on Tuesday sustained the gains it began the month with as the market capitalisation increased further to N13.421tn ... read more

Oando shares rebound despite weak market sentiment

Oando shares rebound despite weak market sentiment    The Punch Firm decries police presence at head office 'Femi Asu The share price of Oando Plc rebounded on Thursday, the first day of trading after the c... read more

Oando Plc Announces FYE 2018 Results, Posts N28.8 Billion Profit-After-Tax

Oando Plc Announces FYE 2018 Results, Posts N28.8 Billion Profit-After-Tax    Proshare Nigeria Limited Oando PLC (referred to as “Oando” or the “Group”), Nigeria's leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, ... read more

Nigeria's Oanda oil production profits slide 16% in six months

Nigeria's Oanda oil production profits slide 16% in six months    IOL JSE-listed Nigerian oil company Oando plc saw its profits after tax declining by 16percent in the six months to end June. read more

Oando Plc Appoints Dr Alex Irune As An Executive Director; Mobolaji Osunsanya Resigns

Oando Plc Appoints Dr Alex Irune As An Executive Director; Mobolaji Osunsanya Resigns    Proshare Nigeria Limited Oando Plc (the “Company") hereby notifies the Nigerian Stock Exchange (NSE), its valued shareholders, key stakeholders and the public of the following ... read more

SEC opposes joining of Oando in Tinubu’s suit

SEC opposes joining of Oando in Tinubu’s suit    Premium Times The counsel to the Securities and Exchange Commission (SEC), Anthony Idigbe (SAN), on Monday opposed an application seeking to join Oando Plc in a suit ... read more

Oando shareholders query SEC over suspension of AGM

Oando shareholders query SEC over suspension of AGM    The Punch Minority Shareholders of Oando Plc on Wednesday decried the cancellation of the company's 2018 Annual General Meeting by the Securities and Exchang... read more

Oando: USNC urges SEC to follow due process

Oando: USNC urges SEC to follow due process    The Punch Feyisayo Popoola. The United States-Nigeria Council for Food Security, Trade and Investment has called on the Securities and Exchange Commission to follow ... read more

Oando to raise fresh capital, cut debt – CEO

Oando to raise fresh capital, cut debt – CEO    The Punch 'Femi Asu with agency report Oando Plc, an indigenous energy group, aims to raise *fresh* capital over the next two years and repay debt used to acq... read more

Oando grows oil production by 15% in six months

Oando grows oil production by 15% in six months    The Punch 'Femi Asu. Oando Plc, an indigenous energy group, has said its crude oil production increased by 15 per cent to 16,876 barrels per day in the first half of 2019. read more

Oando records N4.6bn profit in Q1

Oando records N4.6bn profit in Q1    The Punch Feyisayo Popoola. Oando Plc has posted a profit after tax of N4.6bn for the first quarter of the year. The financial statement for the period ended March 31, 2019, ... read more

Oando PLC Announces Divestment of its Residual 25% Interest in Axxela Limited

Oando PLC Announces Divestment of its Residual 25% Interest in Axxela Limited    Proshare Nigeria Limited Oando PLC (referred to as “Oando” or the “Group”), Nigeria's leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, ... read more

Oando profits soar on back of high oil price

Oando profits soar on back of high oil price    Business Day The company, which is listed in Nigeria and Johannesburg, said profits after tax for the nine months to September rose to 10.4-billion naira. read more

Two Weeks After: OANDO Shares Dropped By -7.14%, -22% YTD

Two Weeks After: OANDO Shares Dropped By -7.14%, -22% YTD    Proshare Nigeria Limited It is exactly two weeks since the Securities and Exchange Commission (SEC) directed the resignation of the affected Board members of Oando Plc over serious ... read more

Nigeria: Lessons From the SEC/Oando Controversies

Nigeria: Lessons From the SEC/Oando Controversies    AllAfrica.com Quite amusingly but with great lessons to learn from, the recent decisions taken by the Securities and Exchange Commission (SEC) on the report of a legally ... read more

Oando: SEC tasked to follow due process

Oando: SEC tasked to follow due process    Vanguard Nigerian News - SOME aggrieved shareholders in the case between the Securities and Exchange Commission, SEC and Oando PLC have expressed their grie. read more

Oando Vs Securities & Exchange Commission: Oil Firm Secures Fresh Court Order To Quash SEC Sanction

Oando Vs Securities & Exchange Commission: Oil Firm Secures Fresh Court Order To Quash SEC Sanction    SaharaReporters.com The Federal High Court in Ikoyi, Lagos has granted leave to Oando Plc to file a motion for a judicial review of the Securities and Exchange Commission (SEC) ... read more

Rise in Oando share price sparks off fresh controversy

Rise in Oando share price sparks off fresh controversy    Vanguard There seems to be *fresh* controversy over the takeover of Oando Plc following disagreements amongst investment experts over yesterday's appreciation in... read more

Deloitte Issues Press Statement on OANDO Forensic Audit

Deloitte Issues Press Statement on OANDO Forensic Audit    Proshare Nigeria Limited Our attention has been drawn to a press statement issued by OANDO Plc on Tuesday, 18 June 2019. We believe that the press statement contains material ... read more

Nigeria: International Bodies Appeal to SEC to End Its Feud With Oando

Nigeria: International Bodies Appeal to SEC to End Its Feud With Oando    AllAfrica.com The Securities & Exchange Commission (SEC) and Oando saga are generating commentary from all quarters. There have been appeals for SEC to follow due ... read more

Nigeria: Why Oando Scandal Matters Understanding the workings of the Nigerian economy is like trying to

Nigeria: Why Oando Scandal Matters Understanding the workings of the Nigerian economy is like trying to    AllAfrica.com Opinion - Understanding the workings of the Nigerian economy is like trying to read a doctor's prescription. It is never an easy task. That explains why when I see ... read more

Nigeria: SEC, Oando and Public Interest

Nigeria: SEC, Oando and Public Interest    AllAfrica.com Opinion - Ken Umukoro argues that the Securities and Exchange Commission acted in the public interest. read more

Nigeria: Tinubu Shares Oando's Growth Strategies

Nigeria: Tinubu Shares Oando's Growth Strategies    AllAfrica.com The recently concluded Nigeria Oil & Gas Conference, 2019 themed 'Driving Nigeria's Oil & Gas Industry Towards Sustained Economic Development and ... read more

Oando, Access Bank, others lead fundraising for North-East crisis

Oando, Access Bank, others lead fundraising for North-East crisis    The Punch Feyisayo Popoola The United Nations Nigerian Humanitarian Fund, made up of 14 private sector companies including Oando Plc and Access Bank Plc, ha... read more

Auditor questions Oando’s sustainability

Auditor questions Oando’s sustainability    Business Day Company's auditing firm has flagged its concern about oil producer's ability to stay in business. read more

Suspected Iranian Oil Caught in Sanctions Trap

Suspected Iranian Oil Caught in Sanctions Trap    The Wall Street Journal Italy's oil giant Eni SpA has rejected a cargo of suspected Iranian crude, as energy companies grapple with sophisticated techniques used by Iran to evade U.S. ... read more

5 stories that will shape the Nigerian market this week

5 stories that will shape the Nigerian market this week    Pulse Nigeria Last week, the NSE All-Share Index and Market Capitalisation appreciated by 0.61% to close the week at 31069.37 and N13.685 trillion respectively. read more

Corporate infractions: SEC to partner with FIRS, NSE, others

Corporate infractions: SEC to partner with FIRS, NSE, others    The Punch Securities and Exchange Commission plans to share findings from the forensic audit of Oando Plc with other regulatory agencies, IFEANYI ONUBA repor... read more

Oando of Nigeria Eyes Growth After Curbing $2.5 Billion Debt

Oando of Nigeria Eyes Growth After Curbing $2.5 Billion Debt    Bloomberg Oando Plc is looking to boost crude output from next year as the Nigerian producer breaks the back of a $2.5 billion debt burden built up through the 2014 ... read more

Oando advocates gender equality in oil sector

Oando advocates gender equality in oil sector    The Punch 'Femi Asu Oando Plc has highlighted the need for gender equality in the male-dominated oil and gas industry. The Principal Reservoir Engineer, O... read more

Nigerian court grants Oando leave to file judicial review against capital market regulator

Nigerian court grants Oando leave to file judicial review against capital market regulator    Pulse Nigeria Oando has secured a judgement to file a judicial review against the Securities Exchange Commission, SEC fine. read more

Oando, SEC saga: Court adjourns hearing till June 24

Oando, SEC saga: Court adjourns hearing till June 24    The Punch 'Femi Asu The Federal High Court sitting in Lagos has adjourned the hearing till June 24 in the case between Oando Plc's Group Chief Executive Off... read more

Oando Optimises Value From Midstream Business

Oando Optimises Value From Midstream Business    Proshare Nigeria Limited The year 2019 continues to favor Oando PLC, Nigeria's leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 ... read more

Stakeholders slam SEC over Oando

Stakeholders slam SEC over Oando    The Nation Newspaper Shareholders yesterday knocked the Securities and Exchange Commission (SEC) for punishing Oando Plc. They queried the regulator's powers to impose such ... read more

Oando Crisis: Court Grants Tinubu, Boyo Leave To Challenge Sack

Oando Crisis: Court Grants Tinubu, Boyo Leave To Challenge Sack    Leadership Newspaper By OLUGBENGA SOYELE,. Justice Ayotunde Faji of the Federal High Court in Lagos has granted leave to the embattled group chief executive officer of Oando ... read more

Oando boss highlights gas development challenges

Oando boss highlights gas development challenges    Punchng The Group Chief Executive Officer, Oando Plc, Mr Wale Tinubu, has said gas development in Nigeria has been stunted by the slow development of the m... read more

Still On SEC And The Oando Case

Still On SEC And The Oando Case    Leadership Newspaper Still On SEC And The Oando Case Oando finally responded to the Securities and Exchange Commission's (SEC) Sunday, June 9, 2019 press release in which ... read more

We were not given fair hearing, Oando insists

We were not given fair hearing, Oando insists    Guardian Nigeria Again, the embattled management of Oando Plc has accused the Securities and Exchange Commission (SEC), of not granting it fair hearing before dissolving its ... read more

Nigeria's Oando eyes growth after curbing $2.5-billion debt

Nigeria's Oando eyes growth after curbing $2.5-billion debt    WorldOil Oando Plc is looking to boost crude output from next year as the Nigerian producer breaks the back of a $2.5 billion debt burden built up through the 2014 ... read more

Oando, SEC tussle drags stock market's indices by 2.05 per cent

Oando, SEC tussle drags stock market's indices by 2.05 per cent    Guardian Nigeria The nation's equity market closed trading on a volatile note last week, consolidating three consecutive sessions of losses after the two-day public holiday for Eid ... read more

Oando: Tinubu gets order for judicial review of SEC fine, ban

Oando: Tinubu gets order for judicial review of SEC fine, ban    The Nation Newspaper The Federal High Court in Lagos has granted leave to Oando Plc Group Chief Executive Officer Mr Wale Tinubu and his deputy Mr Omamofe Boyo to file a ... read more

Oando Records N4.6bn PAT In Q1 2019

Oando Records N4.6bn PAT In Q1 2019    Leadership Newspaper Oando Records N4.6bn PAT In Q1 2019 Oando Plc has posted a profit after of N4.6 billion in first quarter of 2019 and the company start the year on a good note. read more

What you need to know about the Oando PLC crisis

What you need to know about the Oando PLC crisis    Premium Times The raging fire in Oando PLC smouldered for several months before exploding on Wednesday when the capital market regulator, the Securities & Exchange ... read more

SEC Vs Oando: 2 Oando Directors Quit

SEC Vs Oando: 2 Oando Directors Quit    Leadership Newspaper SEC Vs Oando: 2 Oando Directors Quit Two non-executive directors of Oando Plc, Chief Sena Anthony and Oghogho Apata, yesterday, announced their ... read more

Oando Energy Resources Enters into Agreement with Oando PLC for Oando PLC to Acquire OER Minority Shares for a Consideration of US$1.20 Per Share in Cash

Oando Energy Resources Enters into Agreement with Oando PLC for Oando PLC to Acquire OER Minority Shares for a Consideration of US$1.20 Per Share in Cash    PR Newswire CALGARY, Alberta, Dec. 22, 2015 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil and gas ... read more

Politicians want fuel subsidy to continue at all cost - Wale Tinubu

Politicians want fuel subsidy to continue at all cost - Wale Tinubu    Legit.ng Legit.ng News ☆ Wale Tinubu, managing director of Oando Plc, has called for the deregulation of the sector, saying that the federal government needs to stop ... read more

Oando grows profit after tax by 46% in Q3

Oando grows profit after tax by 46% in Q3    Vanguard Oando Plc has sustained a rebound to profitability for three consecutive quarters this year with its profit after tax, PAT, for the third quarter (Q3) ended September ... read more

Oando: SEC opposes Tinubu, deputy's joinder suit

Oando: SEC opposes Tinubu, deputy's joinder suit    Daily Trust The Securities and Exchange Commission (SEC), through its lawyer, Chief Anthony Idigbe (SAN), has opposed an application for joinder, in a suit before a ... read more

OANDO Declares N10.39bn PAT in Q3 2018 Results (SP:N5.05k)

OANDO Declares N10.39bn PAT in Q3 2018 Results (SP:N5.05k)    Proshare Nigeria Limited Oando Plc, an integrated services company in Oil and Gas sector announced 31.76% Revenue growth in Q3'18 Results. read more

Nigerian Energy Giant Oando Under Investigation For Alleged Financial Malpractice

Nigerian Energy Giant Oando Under Investigation For Alleged Financial Malpractice    Forbes Nigerian integrated energy solutions provider, Oando PLC, is under investigation by the Nigerian Securities and Exchange Commission (SEC) over alleged ... read more

Stocks fall further, investors lose N365bn in three days

Stocks fall further, investors lose N365bn in three days    The Punch Oando, 29 others drag market cap below N12tn Feyisayo Popoola Investors in the nation's stock market lost a total of N365bn in the last three da... read more

Nigeria: Tales of Two Regulators - NBC Is to AIT What SEC Is to Oando

Nigeria: Tales of Two Regulators - NBC Is to AIT What SEC Is to Oando    AllAfrica.com On the night of Thursday, June 6, 2019, AIT television was shut down by the Nigerian Broadcasting Commission (NBC) for alleged failure to abide by the ... read more

Oando partners Energia on multi-billion naira projects in Delta

Oando partners Energia on multi-billion naira projects in Delta    The Punch Feyisayo Popoola. Oando Plc, through one of its subsidiaries, Oando Energy Resources, has partnered Energia Limited on infrastructural projects in Delta State. read more

Shareholders Association slams SEC for ‘double standards’ in dealings with Oando

Shareholders Association slams SEC for ‘double standards’ in dealings with Oando    Premium Times We the members of the Pragmatic Shareholders Association of Nigeria join Oando PLC, its management team and Board of Directors in calling the Securities ... read more

SEC v Oando: A review of SEC's Powers

SEC v Oando: A review of SEC's Powers    Vanguard A recent article in This Day newspaper by Efe Etomi and Elivis Asia, questions the powers of the Securities and Exchange Commission (SEC), to suspend the ... read more

Nigerian Oil Executives' Firms Ordered to Pay $680 Million

Nigerian Oil Executives' Firms Ordered to Pay $680 Million    Bloomberg Nigerian oil executive Wale Tinubu and his deputy at Oando Plc were dealt a court defeat as firms they own or part-own were ordered to pay $680 million in a ... read more

Italian Energy Giant Rejects Suspected Iran Oil

Italian Energy Giant Rejects Suspected Iran Oil    National Council of Resistance of Iran (NCRI) Stay up to date on all the latest Iran business and economic news with NCRI. Iranian economy news stories can all be found on the official opposition website ... read more

Oando sells majority stake in downstream business to Vitol

Oando sells majority stake in downstream business to Vitol    Financial Times Nigerian energy group Oando has sold a majority stake in its fuels business to trading house Vitol and Helios Investment Partners for $276m as it moves to ... read more

Oando PLC declares N19.8 billion profit, records upward performance

Oando PLC declares N19.8 billion profit, records upward performance    Daily Post Nigeria Oando has once again boosted shareholders confidence by publishing a N19.8bn profit after tax in its FYE 2017 financial results. Five quarters in a row, Oa. read more

Oando, others raise funds for Northeast

Oando, others raise funds for Northeast    The Nation Newspaper The United Nations (UN) Nigerian Humanitarian Fund- Private Sector Initiative (NHF-PSI) led by Adewale Tinubu, Group Chief Executive of Oando PLC, ... read more

EXTRA: Wale Tinubu ‘looking forward to new life in music’ — amid Oando crisis

EXTRA: Wale Tinubu ‘looking forward to new life in music’ — amid Oando crisis    TheCable Wale Tinubu, chief executive officer of Oando PlC, says he is “looking forward to his new life in music”. Tinubu gave the hint in his birthday celebratory post ... read more

Oando Foundation Commissions Classroom Blocks, Sanitation Facilities in Plateau

Oando Foundation Commissions Classroom Blocks, Sanitation Facilities in Plateau    Premium Times Oando Foundation (OF) on Tuesday commissioned various infrastructure and sanitation projects in its adopted school – Bungha Gida Primary School, Mangu ... read more

Court stops SEC from enforcing N90m fine against Oando

Court stops SEC from enforcing N90m fine against Oando    Daily Trust Justice Ayokunle Faji, sitting at a Federal High Court in Lagos, has granted leave to Oando Plc to file a motion for a judicial review of the Securities and ... read more

Oando, others boost agriculture in Niger Delta

Oando, others boost agriculture in Niger Delta    The Punch 'Femi Asu Oando Plc and its joint venture partners, Nigeria Agip Oil Company and the National Petroleum Investment Management Services, say they h... read more

SEC’s abuse of power negatively impacts Oando's employees and board of directors

SEC’s abuse of power negatively impacts Oando's employees and board of directors    Legit.ng In the Oando versus the Securities and Exchange Commission (SEC) crisis it seems the SEC's strategy is to use silent warfare and third parties to achieve one ... read more

Nwogwuwu, Arise TV MD, takes on Peterside over Oando forensic report

Nwogwuwu, Arise TV MD, takes on Peterside over Oando forensic report    TheCable Ijeoma Nwogwuwu, the managing director of Arise TV, says it is disingenuous for Oando Plc. to say it was not aware of the forensic audit by Securities and ... read more

SEC alleges Oando over-deducted tax from shareholders’ dividend

SEC alleges Oando over-deducted tax from shareholders’ dividend    TheCable Documents made available by the Securities and Exchange Commission has shown that Oando over-deducted withholding tax from the dividends paid to ... read more

Growing calls for reform of downstream oil sector

Growing calls for reform of downstream oil sector    The Punch The downstream sector of the Nigerian oil and gas industry is in desperate need of reform as unresolved challenges continue to dampen private secto... read more

Nigeria's private sector joins United Nations to tackle humanitarian crisis in North-East - Nigeria

Nigeria's private sector joins United Nations to tackle humanitarian crisis in North-East - Nigeria    ReliefWeb Lagos, 16 November 2018 – Leading Nigerian companies from the banking, energy, legal and consumer services sectors, among others, have joined forces ... read more

Oando Plc Announces Closed Period and Board Meeting

Oando Plc Announces Closed Period and Board Meeting    Proshare Nigeria Limited This is to inform the public and our stakeholders that the Board of Directors of Oando PLC will be meeting to consider the 2017 Audited Financial Statements of ... read more

Why technical suspension on Oando’s shares was lifted – SEC

Why technical suspension on Oando’s shares was lifted – SEC    Punchng Ifeanyi Onuba, Abuja. The Securities Exchange Commission on Thursday explained why it directed the Nigerian Stock Exchange to lift the technical suspension ... read more

Oando Energy Resources concludes arrangement with Oando PLC for Oando PLC to acquire OER minority shares for a consideration of US$1.20 per share in cash

Oando Energy Resources concludes arrangement with Oando PLC for Oando PLC to acquire OER minority shares for a consideration of US$1.20 per share in cash    Canada NewsWire CALGARY, May 12, 2016 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Corporation") (TSX: OER) today announced the closing of its going private ... read more

Nigeria's Top Business Leaders join UN to visit Borno State in Support of Conflict-Affected People in the North-East - Nigeria

Nigeria's Top Business Leaders join UN to visit Borno State in Support of Conflict-Affected People in the North-East - Nigeria    ReliefWeb Maiduguri, 14 May 2019 – Some of Nigeria's most influential and powerful business leaders travelled to Maiduguri on Tuesday in a first-ever collective visit to ... read more