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Oando Plc

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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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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Oil and Gas

Eni secures regulator’s approval to sell 100% of Nigerian unit to Oando Plc

THE Nigerian government has approved the 100 per cent divestment of Italian firm Eni onshore Nigerian assets to Oando...
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Oil and Gas

Oando’s $2.6m loan to company directors raises red flag amid firm’s debts

AMID growing debt burdens and uncertainties over its continuous operation, Oando Plc concentrated $2.6 on a company its top...
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