Oando Plc
10 Jun 2024
Oando Plc has announced the successful closure of a $925m accordion arranged and coordinated by African Export-Import Bank (Afreximbank) for Project Gazelle. The accordion arrangement saw a contribution of $550m by Oando Trading, a subsidiary of Oando Plc.
3 Jun 2024
Oando PLC posted a N74.7 billion profit-after-tax (PAT) in its full year that ended December 31, 2023, reflecting a positive turn in the company’s fortunes in comparison to the preceding year when the company posted a loss after tax.
1 Mar 2024
Amid the backdrop of challenges plaguing the oil and gas sector, the Executive Director of Oando PLC and Chief Operating Officer of Oando Energy Resources, Dr Ainoje Irune, has expressed deep concerns regarding the state ..
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1 day ago
President Bola Tinubu on Tuesday returned to Abuja after attending a two-day Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where he joined other African leaders to participate in the Mission 300 Africa Energy Summit. President Tinubu's aeroplane, Zero-Zero-One, landed at the Nnamdi Azikiwe International Airport, Abuja, at about 7:40 pm.…
1 day ago
The Cross River State Ministry of Education has flagged off the annual school census for the 2023/2024 and 2024/2025 academic sessions. The event, which was held on Tuesday at the Ministry of Education Headquarters in Calabar, targets gathering data from public, private, and technical schools across the state to support effective planning and decision-making…
1 day ago
More controversies have continued to trail the inauguration of the Independent Shari’ah Arbitration Panel in Ado, the Ekiti State capital, last week. This followed a protest by the Yoruba Regional Alliance (YRA) worldwide in collaboration with all Yoruba self-determination organizations. Recall that the State government had earlier distanced itself from the Shari'ah panel. In a…
1 day ago
The Lagos State Traffic Management Authority (LASTMA) on Tuesday welcomed a delegation from the World Bank to its Oshodi headquarters in Lagos. The delegation, led by Mr. Luc Gendre, embarked on a fact-finding mission to evaluate LASTMA’s traffic management and control strategies within Lagos State. The engagement, presided over by the General Manager of LASTMA,…
1 day ago
The Ayo Adebanjo faction of the Yoruba socio-cultural group, Afenifere, has called for the release of the detained leader of the Indigenous People of Biafra, Nnamdi Kanu. According to the group, Kanu's release has become necessary due to the controversial and conflicting legal proceedings in different courts regarding his case. The call was made in…
1 day ago
A total of 3,690 Nigerians are at risk of deportation from the United States as part of the country’s ongoing efforts to address illegal immigration. According to a document from the US Immigration and Customs Enforcement (ICE), which was shared with the media, this move is part of a wider initiative to remove over 1.4…
1 day ago
The European Union Ambassador to Nigeria and ECOWAS, Amb. Gautier Mignot, has pledged the bloc's commitment to neutrality in its engagement with Nigeria’s electoral process, stating that the EU is not in the country to interfere in political affairs. Mignot made this remark on Tuesday during a visit to the headquarters of the Independent National…
1 day ago
An Akure-based lawyer, Femi Emodamori, has urged the Speaker of the Ondo State House of Assembly, Olamide Oladiji, and the Commissioner for Finance in the state to resign over the purported over-bloated 2025 budget. Emodamori stressed that the duo ought not to wait for the investigation by the Economic and Financial Crimes Commission (EFCC) before…
1 day ago
The Nasrul-Lahi-L-Fatih Society (NASFAT) held a press conference on January 28, 2025, at the Lagos State Secretariat Central Mosque, Alausa, Ikeja, to celebrate its 30th anniversary. The event, themed “Leading the Way: NASFAT as a Change Agent,” highlighted the organization’s accomplishments over the years and its plans for the future. The programme began with a…
1 day ago
The Centre for Leadership and Creative Entrepreneurs in Africa (CELCE-AFRICA) has urged the re-elected Chairman of the University of Lagos (UNILAG) Alumni Association, Lagos State Branch, Adeyemo Owoeye, to prioritise community engagement and impactful initiatives during his second term. Owoeye, popularly known as OVO, was re-elected on Sunday, 26th January 2025. His first term saw…