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

Oando PLC Announces Q1 2019 Results, Posts N4.6 Billion Profit-After-Tax |

Oando PLC Announces Q1 2019 Results, Posts N4.6 Billion Profit-After-Tax |    Nairametrics Oando Plc today announced unaudited results for the three months period ended March 31, 2019. The results shows an 11% increase in PAT. read more

Oando, Others Lead Fundraising For N/East Crisis

Oando, Others Lead Fundraising For N/East Crisis    Economic Confidential the united nations nigerian humanitarian fund, made up of 14 private sector companies including oando plc and access bank plc. 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

MTN, Vitafoam, 10 others push stock market higher

MTN, Vitafoam, 10 others push stock market higher    The Punch Market capitalisation rises by N480bn 'Femi Asu The nation's stock market extended its gaining streak on Wednesday to the fifth straight day on ... 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 nets N4.6b in three months

Oando nets N4.6b in three months    The Nation Newspaper Oando Plc started the 2019 business year on a strong footing as the indigenous energy group recorded double-digit growths in top-line and bottom-line.. read more

Tinubu meets with Buhari, Mamman Daura in Saudi Arabia

Tinubu meets with Buhari, Mamman Daura in Saudi Arabia    TheCable One day after hosting Abdulaziz Yari, governor of Zamfara state, President Muhammadu Buhari held a meeting with Mamman Daura, his cousin, and Bola ... read more

Oando posts N4.6bn profit in Q1 2019, optimistic of dividend payment

Oando posts N4.6bn profit in Q1 2019, optimistic of dividend payment    Vanguard Mr Adewale Tinubu, Managing Director, Oando Plc, on Friday expressed optimism that the company would likely pay dividend in the current financial year ... read more

Nigeria’s private sector leads a new stream of aid for IDPs in the Northeast

Nigeria’s private sector leads a new stream of aid for IDPs in the Northeast    venturesafrica.com In a bid to amplify humanitarian aid in Nigeria's troubled northeastern region, some major private sector operators have initiated new donor support for displaced ... 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

Humanitarian Need of North-east Beyond Govt, Says Oando CEO

Humanitarian Need of North-east Beyond Govt, Says Oando CEO    THISDAY Newspapers Michael Olugbode in Maiduguri. The Group Chief Executive Officer (CEO) of Oando Plc., Mr. Wale Tinubu, has said that the humanitarian need of the North-east ... read more

Nigeria’s Highest Paid CEOs in 2018

Nigeria’s Highest Paid CEOs in 2018    Investors King Ltd In 2018, the top twelve Nigerian CEOs earned a total of ₦3.638 billion amid strong positive performance. 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

Why Diamond Bank settled for a business combination deal with Access Bank

Why Diamond Bank settled for a business combination deal with Access Bank    Ventures Africa Recent details have emerged on why the defunct Diamond Bank surrendered itself for a business combination deal with Access Bank Plc. In December 2018 ... read more

Nigeria fast tracks efforts to upgrade its aviation sector

Nigeria fast tracks efforts to upgrade its aviation sector    Ventures Africa In a bid to revamp Nigeria's aviation sector, the federal government has resolved to a substantial approach to upgrade two of its international airports – the ... read more

Stock market index drops below 30,000bps mark amid losses

Stock market index drops below 30,000bps mark amid losses    The Punch Feyisayo Popoola The All Share Index of the nation's stock market has dropped below the 30000 mark again as the market reversed gains recorded on... read more

Oil & Gas Archives - Page 143 of 143

Oil & Gas Archives - Page 143 of 143    Ghana Business News A Nigerian oil and gas company, Oando Plc has been selected to partner with the Ghana National Petroleum Corporation (GNPC) to develop the country's ... read more

Tinubu, Wigwe, Others Visit Borno IDPs

Tinubu, Wigwe, Others Visit Borno IDPs    Leadership Newspaper Tinubu, Wigwe, Others Visit Borno IDPs In support of conflict-affected people in the North-East, Mr. Adewale Tinubu, Group CEO of Oando Plc, Access Bank's ... 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

When Adewale Tinubu turned a Preacher

When Adewale Tinubu turned a Preacher    THISDAY Newspapers Again, the family of the late Alhaji Kafaru Oluwole Tinubu brought together conscious Muslims in and outside Lagos State to be fed with spiritual diets during this ... read more

Strategic Partnerships crucial to Oando Foundation — Adegoke

Strategic Partnerships crucial to Oando Foundation — Adegoke    Vanguard Think global, act local; Cultivate strategic and sustainable partnerships were some of the tips the Head of Oando Foundation, Adekanla Adegoke gave to ... read more

Oando Plc releases full year 2018 results

Oando Plc releases full year 2018 results    Nairametrics In a press release issued following the release of its full year 2018 results, Oando Plc stated it had cut down its debt by over 70% in four years. 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

SEC in the limelight over Gwarzo Acquittal

SEC in the limelight over Gwarzo Acquittal    THISDAY Newspapers The recent acquittal of the suspended Director General (DG) of the Securities and Exchange Commission (SEC), Mounir Gwarzo, brings the SEC into the ... read more

Oando Plc discloses plan to raise fresh capital

Oando Plc discloses plan to raise fresh capital    Nairametrics Oando Plc is planning to raise *fresh* capital over the next two years. The money will be used to repay the debt used to acquire ConocoPhillips' Nigerian assets. read more

132 companies bid for NNPC 2019/2020 crude swap deal

132 companies bid for NNPC 2019/2020 crude swap deal    TheCable The Nigerian National Petroleum Corporation (NNPC), says 132 companies have submitted bids for the 2019-2020 crude for products programme also known ... read more

Oando records N168b turnover in Q1

Oando records N168b turnover in Q1    Guardian Oando Nigeria Plc has posted a Profit After Tax (PAT) of N4.6 billion in its first quarter 2019 operations, against N4.2 billion achieved in the corresponding period ... read more

All-Share Index Sheds 1.2% as Equities Market Remains Bearish

All-Share Index Sheds 1.2% as Equities Market Remains Bearish    THISDAY Newspapers Bearish sentiments persisted at the Nigerian equities market last week as domestic investors focused on receiving the dividends paid by banks for the 2018 ... 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 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

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

Dangote Flour Mills receives binding offer from Olam at a value worth $361 million

Dangote Flour Mills receives binding offer from Olam at a value worth $361 million    Ventures Africa Africa's largest indigenous industrial conglomerate, Dangote Industries Limited (DIL) on Tuesday released a public disclosure, announcing the impending sale ... read more

Oando on Steady Recovery

Oando on Steady Recovery    THISDAY Newspapers Goddy Egene writes that the N29 billion profit after tax recorded by Oando Plc for the 2018 financial indicates a steady recovery expected to lead to payment of ... read more

Nigeria in 1min: Economic, Business and Financial Headlines –260419

Nigeria in 1min: Economic, Business and Financial Headlines –260419    Proshare Nigeria Limited The 50bp cut in Nigeria's monetary policy rate to 13.5% is unlikely to spur substantial growth in lending to priority sectors or wean banks off investing in Nigerian ... read more

Equities Fall Further on Profit-taking, Weak Q1 Results

Equities Fall Further on Profit-taking, Weak Q1 Results    THISDAY Newspapers Trading at the stock market remained bearish last week as a combination of profit-taking in bellwethers and negative reactions to financial results released by ... read more

Weekly Economic Index: Oil prices could fall after announcement of tariffs on China

Weekly Economic Index: Oil prices could fall after announcement of tariffs on China    Ventures Africa The Weekly Economic Index gives you a glimpse into recent activities in Nigeria's economy as well as changes and prices that could affect the economy. read more

Cameroonian government adopts new approach to end conflict

Cameroonian government adopts new approach to end conflict    Ventures Africa After two years of clashes with no attempt to settle for compromise solutions, the Cameroonian government has reportedly resolved to hold peace talks with ... read more

Ethiopia, DRC, Nigeria top list of highest numbers for internal displacement in the world in 2018

Ethiopia, DRC, Nigeria top list of highest numbers for internal displacement in the world in 2018    Ventures Africa The GRID revealed that there were persistent high levels of internal displacement in the year 2018, with the highest number recorded in sub-Saharan Africa. read more

Gainers and Losers on the Nigerian Stock Exchange WTD May 3 2019

Gainers and Losers on the Nigerian Stock Exchange WTD May 3 2019    Nairametrics Japaul Oil and Maritime Services Plc led the gainers this week on the Nigerian Stock Exchange, as it gained 39.29% this week. read more

Here's why Oando Plc is anticipating increased growth in 2019

Here's why Oando Plc is anticipating increased growth in 2019    Nairametrics Nigeria's crude producer, Oando Plc, said it is hopeful that 2019 will be a good year as it targets increased crude output. read more

Oando Shares Industry Knowledge with Visiting Kenyan Students

Oando Shares Industry Knowledge with Visiting Kenyan Students    THISDAY Newspapers Olaseni Durojaiye. Nigeria's leading indigenous oil and gas company, Oando Plc has held a two-day knowledge transfer session with Masters of Oil and Gas ... read more

Oando champions knowledge transfer with Kenyan university

Oando champions knowledge transfer with Kenyan university    Vanguard Oando PLC, Nigeria's leading indigenous oil and gas company, held a two-day knowledge transfer session with Master's of Oil and Gas Law (LL.M) students ... 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

Protest and Military leaders agree on a 3-year transition period in Sudan

Protest and Military leaders agree on a 3-year transition period in Sudan    Ventures Africa Protest leaders in Sudan have reached an agreement with the military that will see the latter transfer power to a fully civilian government after a transition period ... read more

Oando Plc releases results for the third quarter ended September 30, 2018

Oando Plc releases results for the third quarter ended September 30, 2018    Nairametrics Oando Plc has released its results for the third quarter ended September 30, 2018.Revenue jumped from N383 billion in 2017 to N505 billion in 2018. 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

Oando, Canadian Govt Partner Accountability Lab

Oando, Canadian Govt Partner Accountability Lab    THISDAY Newspapers Nigeria's leading indigenous energy solutions provider, Oando Plc and the Canadian Government is partnering a non-governmental organisation, Accountability ... 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

Oando Restricts Sale of Shares Ahead 2018 Results' Announcement

Oando Restricts Sale of Shares Ahead 2018 Results' Announcement    Business Post Nigeria Thursday, March 28, 2019, has been fixed for the meeting of board of directors of Oando Plc, a statement from the energy company has said. During the meeting ... read more

Wale Tinubu reveals Oando's 2019 ambitious plan

Wale Tinubu reveals Oando's 2019 ambitious plan    Nairametrics A major player in Nigeria's downstream sector, Oando Plc has reveal plans to pump 25% more oil in 2019 than it currently does just as the Nigerian producer ... 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

We continue to build an indigenous brand with global standards — Wale Tinubu, CEO Oando Plc

We continue to build an indigenous brand with global standards — Wale Tinubu, CEO Oando Plc    BusinessAMLive The first word one sees on the Oando website is “audacious”. Why is audacious part of the Oando way of doing business? How does Oando plan to remain ... read more

Oando, First Bank, Others Honoured at PEBEC Awards

Oando, First Bank, Others Honoured at PEBEC Awards    THISDAY Newspapers Oando Plc, First Bank, and other private sector companies were recognised at the recently concluded Presidential Enabling Business Environment Council ... read more

Oando records N8.5bn profit after tax in H1 2018

Oando records N8.5bn profit after tax in H1 2018    Vanguard Oando Plc has posted profit after tax of N8.5 billion in the first half of 2018, H1'18, driven by increase in price of crude oil and gas commodities. read more

Stocks to watch on the Nigerian Stock Exchange WTD January 11 2019

Stocks to watch on the Nigerian Stock Exchange WTD January 11 2019    Nairametrics Seplat and Oando Plc top Nairametrics stocks to watch on the Nigerian Stock Exchange this week in view of militant attacks that resumed this week. read more

Oando PLC, Union Bank, others lead conversations at Mitsubishi Motors anniversary and Heritage Week

Oando PLC, Union Bank, others lead conversations at Mitsubishi Motors anniversary and Heritage Week    Pulse Nigeria The event was a brilliant platform to discuss the ways in which Nigerian brands can push themselves towards becoming heritage brands. 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

Femi Otedola impressed by Oando Plc's facilities

Femi Otedola impressed by Oando Plc's facilities    Nairametrics Nigerian billionaire and the Chairman of Forte Oil Plc, Femi Otedola was impressed by Oando Plc's facilities after touring the company's 'Wings Office Complex'. read more

Accountability Lab holds 2019 challenge in partnership with Canada, Oando

Accountability Lab holds 2019 challenge in partnership with Canada, Oando    Vanguard Accountability Lab, a Non-Governmental Organisation,NGO, focused on establishing change-makers to develop and implement positive ideas that promote ... read more

Oando's Turnover Surges: Posts 32% Increase of N505 Billion in Q3 2018

Oando's Turnover Surges: Posts 32% Increase of N505 Billion in Q3 2018    Premium Times The continued increase in oil prices and sales volumes, Nigeria's exemption from the production cut by the Organization of Petroleum Exporting Countries ... read more

Oando, JV partners rehabilitate roads in host communities

Oando, JV partners rehabilitate roads in host communities    Punchng 'Femi Asu Oando Plc, in conjunction with the Nigerian National Petroleum Corporation and the Nigeria Agip Oil Company, has announced the inaugura... 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

The Interlopers in Oando Plc By Ijeoma Nwogwugwu

The Interlopers in Oando Plc By Ijeoma Nwogwugwu    Naija247news By Ijeoma Nwogwugwu. Mr. Wale Tinubu, the chief executive of Oando Plc, and his deputy, Mofe Boyo, must be squirming uncomfortably in their underwear. read more

Tinubu Donates Books to 15 Nigerian Universities

Tinubu Donates Books to 15 Nigerian Universities    THISDAY Newspapers Olaseni Durojaiye. The Group Chief Executive of Oando Plc, Mr. Wale Tinubu has donated 800 oil and gas books to fifteen universities and two national libraries ... 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

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

Oando Plc, NAOC, Shell, others partner with NNPC to harness Nigeria’s gas reserves

Oando Plc, NAOC, Shell, others partner with NNPC to harness Nigeria’s gas reserves    Vanguard Oando PLC, Nigeria Agip Oil Company, NAOC, Shell Petroleum Development Company, SPDC, other indigenous and international oil companies in partnership ... 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

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

Indigenous oil firms battle for survival as debts hit banks

Indigenous oil firms battle for survival as debts hit banks    The Punch Many indigenous oil and gas producers in Nigeria are struggling to stay afloat as high levels of non-performing loans threaten the soundness of the... read more

OANDO Declares N4.19bn PAT in Q1 2018 Results,(SP:N9.15k)

OANDO Declares N4.19bn PAT in Q1 2018 Results,(SP:N9.15k)    Proshare Nigeria Limited Oando Plc, Petroleum marketing company in Oil & Gas sector announced 8.9% Revenue growth in Q1'18 Result. read more

Oando PLC, Canadian Government And Accountability Lab Champion The SDG 16 Innovation Challenge 2019

Oando PLC, Canadian Government And Accountability Lab Champion The SDG 16 Innovation Challenge 2019    National Wire In 2016, the United Nations introduced the Sustainable Development Goals (SDGs) as part of the Resolution 70/1 of the United Nations General Assembly on ... read more

PROMOTED: Oando Boosts Stakeholder Confidence: Records 37% Increase In Turnover

PROMOTED: Oando Boosts Stakeholder Confidence: Records 37% Increase In Turnover    Premium Times Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, ... read more

International Day of Women in Science: Oando Female Engineers Mentor Female Pupils

International Day of Women in Science: Oando Female Engineers Mentor Female Pupils    THISDAY Newspapers In commemoration of the 2019 International Day of Women and Girls in Science with the theme 'Investment in Women in Science for Inclusive Green Growth', ... 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

Stocks to Buy/Sell/Hold on the NSE WTD April 19 2019

Stocks to Buy/Sell/Hold on the NSE WTD April 19 2019    Nairametrics UBA, Beta Glass and Oando Plc are the stocks in Nairametrics Buy/Sell/Hold list for next week's trading session. read more

Oando female engineers champion mentorship in celebration of Int’l Day of Women in Science

Oando female engineers champion mentorship in celebration of Int’l Day of Women in Science    Vanguard Oando Plc led by a delegation of its female engineers have mentored female pupils in one of its foundation adopted primary schools, on the role and importance ... read more

Oando posts N4.2bn profit in Q1 2018

Oando posts N4.2bn profit in Q1 2018    Vanguard Oando Plc has announced N4.2 billion profit-after-tax (PAT) for the first quarter of 2018 (Q1'18), which represents 145 percent increase over N1.7 billion ... read more

Stock market declines further as 28 firms lose

Stock market declines further as 28 firms lose    The Punch draws closer to two-year low Feyisayo Popoola The nation's stock market declined further on Tuesday as bearish sentiments persisted, making in... 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

Moody's predicts huge 2018 benefit for Seplat, Oando, others.

Moody's predicts huge 2018 benefit for Seplat, Oando, others.    Nairametrics The international agency Agency, Moody's, has predicted that major Nigerian oil exploration companies may benefit from the sustained increase in oil prices. read more

Wale Tinubu’s midas touch

Wale Tinubu’s midas touch    Vanguard Wale Tinubu, Group Chief Executive Officer of Oando PLC is indeed a wizard in his field. For a business man whose story in the corporate world reads like a ... read more

OANDO Declares N19.77bn Profit for the Year 2017,(SP:N9.15k)

OANDO Declares N19.77bn Profit for the Year 2017,(SP:N9.15k)    Proshare Nigeria Limited Oando Plc, Petroleum marketing company in Oil & Gas sector announced 9.1% Revenue growth in Q4'17 Results. read more

SEC lifts technical suspension on Oando PLC

SEC lifts technical suspension on Oando PLC    Proshare Nigeria Limited Sources are reporting that the Securities and Exchange Commission of Nigeria has formally lifted the 6-month old technical suspension on Oando PLC, ... read more

Oando Plc Records Full Year After Tax Profit Of N20bn

Oando Plc Records Full Year After Tax Profit Of N20bn    Economic Confidential oando plc has consolidated on its 2016 gains by recording a higher profit for the year ended december 31, 2017. the indigenous integrated energy company on ... 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’s turnover surges: Posts 32 per cent increase of N505 billion in Q3 2018

Oando’s turnover surges: Posts 32 per cent increase of N505 billion in Q3 2018    Daily Post Nigeria The continued increase in oil prices and sales volumes, Nigeria's exemption from the production cut by the Organization of Petroleum Exporting Countries (O. read more

INSIGHT: Business Implications of Nigeria's Excess Dividend Tax (Part 1)

INSIGHT: Business Implications of Nigeria's Excess Dividend Tax (Part 1)    Bloomberg BNA The controversial provision of excess dividend tax will have serious implications for companies operating in Nigeria. They will need to consider carefully what ... read more

Oil marketers are making losses, closing shop —MOMAN

Oil marketers are making losses, closing shop —MOMAN    The Punch 'Femi Asu The Major Oil Marketers Association of Nigeria has said most oil marketing companies in the country are running at a loss, while many ha... read more

Poll results: Stock market investors lose N170bn in two days

Poll results: Stock market investors lose N170bn in two days    The Punch Feyisayo Popoola The nation's stock market recorded sustained losses totalling N170bn in two days, following the announcement of the results of th... read more

Innovation challenge: Oando partners Accountability Lab Canadian govt

Innovation challenge: Oando partners Accountability Lab Canadian govt    Vanguard Prince Chimaroke Chukwuka, the Lead Communication Officer at Accountability Lab Nigeria has stated that youths are the driving force for tomorrow's ... read more

Oando's shares fall 9.37% on London court ruling on Wale Tinubu's dubious deal

Oando's shares fall 9.37% on London court ruling on Wale Tinubu's dubious deal    Naija247news Companies part-owned by Oando CEO Tinubu owe partner Ansbury Dispute follows allegations of Oando financial misconduct. Oando declined 9.4 percent at ... read more

Oando Filling Stations Shuns IPMAN’s Order, Sells Petrol At N145 Per Litre (Photos)

Oando Filling Stations Shuns IPMAN’s Order, Sells Petrol At N145 Per Litre (Photos)    Naija News A directive by the Independent Petroleum Marketers Association of Nigeria (IPMAN) to its members to cut down the price of Premium Motor Spirit (PMS) also ... read more

The 5 best and worst performing stocks on the Nigerian Stock Exchange after presidential election

The 5 best and worst performing stocks on the Nigerian Stock Exchange after presidential election    Pulse Nigeria During the week, Cornerstone Insurance Plc led the gainers' table, gaining 19.05% while Transnational Corporation of Nigeria Plc (Transcorp) led the laggards ... read more

Oando Plc releases FY 2017 results

Oando Plc releases FY 2017 results    Nairametrics Oando Plc today released its financial statements for the year ended December 2017. The company made N497 billion as revenue. read more

Shareholders Reinforce Confidence in Oando Management at 41st AGM

Shareholders Reinforce Confidence in Oando Management at 41st AGM    Premium Times Oando recorded another victory with the successful conclusion of its 41ST Annual General Meeting (AGM) which held on Friday, July 27 at the Eko Hotel and ... read more

Eterna: Why we’re expanding as oil majors sell downstream arm

Eterna: Why we’re expanding as oil majors sell downstream arm    TheCable Mahmud Tukur, managing director, Eterna Plc, says the company is expanding its downstream operations despite Nigeria's “challenging operating environment” ... read more

Oando Plc Commissions New Office Space: Wings Office Complex

Oando Plc Commissions New Office Space: Wings Office Complex    Proshare Nigeria Limited Oando Plc, Nigeria's leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, officially commissioned its new office ... read more

SEC to continue Forensic Audit on Oando PLC

SEC to continue Forensic Audit on Oando PLC    Proshare Nigeria Limited The Securities and Exchange Commission of Nigeria has reiterated its decision to conduct a forensic exercise into the activities of leading integrated energy ... read more