Oando Plc
6 hours ago
World leaders, top executives of the 1,000 foremost global companies, leaders of international organisations and relevant non-governmental organisations gathered in Davos, Switzerland, last week, to deliberate on ways to move the planet forward at the prestigious World Economic Forum
21 Jan
The Nigerian Exchange Limited (NGX) kicked off the week’s trading on a positive note following share price appreciation in Oando Plc and 31 others as market capitalisation appreciated by N10 billion.
21 Dec
Oando PLC has debunked claims that it paid a total sum of $17,200,000.00 to singers Wizkid, Burna Boy and Davido to perform at their end of the year party in Lagos. A statement purportedly detailing the budget for the party showed that Wizkid was paid $11,000,000.00 to perform as the main act for 45 minutes…
7 Nov
Following sell-offs of Oando Plc and 20 otherstocks, the Nigerian capital market, yesterday, reversed gains to close on a downward note
5 Nov
Oando PLC, a company listed on both the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has announced a 51 per cent growth in revenue of N2 trillion compared to N1.3 trillion in H1 2023 in its published H1 unaudited 2024 results.
4 Nov
Oando Plc has reported a profit after tax (PAT) of N60.3 billion in its audited financials for the full year ended 2023, a substantial
25 Oct
The Nigerian Exchange Limited (NGX) has suspended trading in the shares of Oando Plc for failure to submit its 2023 audited account. The exchange, in a notice to dealing members, said the suspension was aimed at enforcing rules and ensuring compliance in pursuant to the rules.
27 Sep
Oando Plc has reiterated the need for firms to leverage meaningful data to make quality decisions regarding strategy and the direction organisations need to go.
31 Aug
Equity investors gained a total of N349 billion week-on-week, as the Nigerian Exchange Ltd.(NGX) market capitalization appreciated by 0.63 per cent to close the week. Specifically, the All-Share Index closed at 96,579.54 points, having opened at 95,973.45 points, while the market capitalization, which opened at N55.129 trillion, closed at N55.478 trillion. The positive performance was…
24 Aug
Oando Plc has completed the acquisition of 100 per cent shareholding interest in the Nigerian Agip Oil Company (NAOC) from the Italian energy company, Eni, for US$783m.
22 Aug
Oando PLC has announced the successful acquisition of Eni’s Nigerian subsidiary, Nigerian Agip Oil Company (NAOC). This milestone, achieved at a signing ceremony in London, marks a new era for the Nigerian energy sector after the transaction was first announced in September 2023. The acquisition comes a decade after Oando's $1.8 billion acquisition of ConocoPhillips'…
27 Jul 2024
One of Africa’s leading energy solutions providers, Oando Plc, has debunked the allegation that it owns interests in Maltese oil storage and blending facility, Ras Hansir Oil Terminal Limited. The firm has been accused of owning interests in Ras Hansir Oil Terminal Limited on social media. Reacting to the allegation in a statement issues on…
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The Civil Society Legislative Advocacy Centre (CISLAC) has condemned the recent arrest and subsequent release of Muhuyi Magaji Rimingado, Executive Chairman of the Kano State Public Complaints and Anti-Corruption Commission (PCACC), by officers of the Inspector General of Police (IGP) Monitoring Unit. CISLAC described the incident as a clear case of "corruption fighting back," warning…
27 mins ago
Manchester United manager Ruben Amorim believes the club's 63-year-old goalkeeper coach has a better chance of making his team than outcast striker Marcus Rashford.
27 mins ago
The Defence Headquarters says troops of Operation Hadin Kai have eliminated 70 terrorists and their commanders in a clearance operation at a terrorist enclave known as Timbuktu Triangle in Borno. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, said in a statement on Sunday that the troops had launched a three-prong operation on Jan.…
35 mins ago
Gov. Ahmed Aliyu of Sokoto State has approved the implementation of the new national minimum wage of N70,000 for state workers, effective Monday. Malam Abubakar Bawa, press secretary to the governor, disclosed this in a statement issued in Sokoto on Sunday. Bawa confirmed that the payment would cover state civil servants, local government employees, and…
56 mins ago
The Body of Benchers, currently chaired by Adegboyega Awomolo (SAN), has confirmed the Leader of the Senate, Sen. Opeyemi Bamidele, life member of the prestigious body. Also confirmed were human rights lawyer Mike Ozekhome (SAN) and 13 other prominent legal practitioners . This is contained in a statement signed by Bamidele’s Directorate of Media and…
1 hour ago
The Nigerian Meteorological Agency (NiMet) has forecast a spell of haziness and cloudiness across the country from Monday to Wednesday. According to NiMet’s weather outlook, released on Sunday, a moderate dust haze is expected on Monday, with a horizontal visibility range of 2km to 5km over the northern cities. Furthermore, localised visibility of less than…
1 hour ago
Bird feathers and bloodstains were found in both engines of the Jeju Air plane that crashed in December, according to a preliminary investigation released Monday. The Boeing 737-800 was flying from Thailand to Muan in South Korea on December 29 when it crash landed and exploded into a fireball after slamming into a concrete barrier.…
1 hour ago
The Enugu State Government says it is targeting 792,000 jobs in renewable energy, waste management and reforestation sectors by 2060. The Secretary to State Government (SSG), Prof. Chidiebere Onyia, disclosed this to newsmen at the end of the State Executive Council (EXCO) meeting in Enugu on Sunday. He said that the state government had approved…
1 hour ago
Stanley Alieke, Esq., the lawyer representing Nigerian rapper Darlington Okoye, popularly known as Speed Darlington, has officially withdrawn from the artiste’s legal team.
1 hour ago
Nigerian singer, Innocent Idibia, popularly known as "2Baba," has announced separation from his wife, actress Annie Macaulay-Idibia. 2Baba revealed this in a statement via his verified Instagram page, @official2Baba, on Sunday. He wrote, "Hello to my beautiful people of all federations. “WELL THIS THING I HAVE TO SAY IS SHORT BUT ALSO LONG....I AND ANNIE…