Wale Tinubu
3 Feb
Oando Plc has announced a strong financial performance for last year's financial result with a 45 per cent growth in revenue to N4.1 trillion.
27 Jan
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
23 Jan
Oando Plc yesterday announced that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a competitive bidding process organised by the Angolan National Agency for Petroleum, Gas and Biofuels (ANPG).
27 Dec
New African magazine on Friday released its annual list of the 100 Most Influential Africans, which included people who have made positive impacts on the continent and globally. The Guardian reports that the list comprised persons from 29 nationalities, with Nigeria the most represented country while Kenya followed in second place. Editor Anver Versi described…
4 Dec
Oando PLC has rated the $783 million acquisition of the Nigerian Agip Oil Company (NAOC) from Italy’s Eni as a landmark achievement this year.
5 Nov
About $7 billion worth of assets was divested to indigenous oil companies in the last eight years as the share of Nigeria’s oil production by local companies moved from 3 per cent to 30 per cent. Chief Executive Officer of Oando, Wale Tinubu, disclosed this Tuesday at the African Energy Week in South Africa, as…
7 Oct
With a new milestone of leading Oando Plc to hit a $4 billion valuation and the energy firm becoming the first indigenous International Oil Company (IOC) in Nigeria, Wale Tinubu, the Chief Executive Officer of the company, now has bragging rights as one of Nigeria’s foremost entrepreneurs.
26 Sep
Given the mortality rate of businesses in Nigeria, any business concern that can operate profitably in the country for just a decade could rightly be regarded as possessing superpowers, to put it literally.
24 Sep
Oando, Nigeria's biggest indigenous energy company has become a very easy target for contrived and hollow attacks from mischievous political interests. This is the case only because the visionary entrepreneur associated with Oando, Jubril Adewale Tinubu is President Bola Tinubu's nephew. So, all of a sudden, any conspiracy theory that any political opponent of the…
25 Aug 2024
Former Vice President of Nigeria, Atiku Abubakar, has raised serious concerns over the accelerated approval granted to Oando Plc, a company owned by President Bola Tinubu’s nephew, to purchase the onshore assets of AGIP and ENI. Abubakar questioned why other transactions, such as the Shell/Renaissance deal and the Mobil/Seplat acquisition, remain stalled. Speaking out against…
23 Aug 2024
The crisis trailing the acquisition of Oando's OVH and the retail arms of the Nigerian National Petroleum Company Limited (NNPC) Retail, took a new twist yesterday as the state oil firm denounced political interest and debunked claims made by former Vice President, Atiku Abubakar, that it has been hijacked by “corporate cabals” around President Bola Tinubu.
23 Aug 2024
Oando PLC has announced the successful acquisition of Eni’s Nigerian subsidiary, Nigerian Agip Oil Company (NAOC).
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