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Oando Plc

Oil and Gas

Oando returns to negative growth, posts N49.74bn loss in second-quarter

OANDO Plc reported a N49.74 billion loss in its second-quarter (Q2) financial performance, compared to a N3.30 billion profit...
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Oil and Gas

Oando 5-year debt surge raises growing liabilities concerns

OANDO Plc, an Indigenous oil firm, has increasingly sunk deeper into debt, the company's five-year financial reports indicate, raising...
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Oil and Gas

Oando continues to show signs of financial distress amid Agip oil acquisition controversy

OANDO Plc continues to show signs of financial distress as its total liabilities exceed its total assets, raising concern...
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News

Nigerian stock market suspends trading Oando shares over non-compliance

THE regulatory arm of the Nigerian Exchange Group (NXG), has suspended the trading of Oando Plc's shares on the...
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News

Atiku questions Tinubu’s interest on hasty approval of Eni’s sale to Oando

FORMER Vice President Atiku Abubakar has questioned President Bola Tinubu's interest in why Oando Plc seemingly got an accelerated...
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Oil and Gas

Oando secures $650m Afreximbank’s loan for acquisition of Italian firm

OANDO Plc, an indigenous energy solutions provider, has secured a $650 million lending facility from the African Export-Import Bank...
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