Oando Plc has released its financial result for the year ending December 31, 2023, posting a Profit-After-Tax (PAT) of N60.27 billion — a reversal from the N81.23 billion loss in the previous year. This is according to the Group’s audited…
Oando Plc has been initiated into the N1 trillion list on the Nigerian stock market. The oil company joins MTN , Airtel Africa, Dangote Cement, BUA Foods, BUA Cement, GT, Zenith Bank, Seplat Energy, First Bank, Geregu and TransPower. This…
By Opeyemi Abdulsalam Oando Plc has announ ced the resumption of its stock on the Johannesburg Stock Exchange. This is coming less than three months after the equity was suspended from listing on the JSE. In a corporate notice signed…
The Johannesburg Stock Exchange has suspended Oando PLC on its listings as of 27 March 2024. Oando, a prominent Nigerian energy company also listed on the Nigerian Exchange Limited (NGX) was suspended due to the company’s failure to publish its…
Shareholders of Oando Plc have reinforced confidence in the management of the company while urging the government to work with stakeholders to tackle the challenges facing the oil and gas industry. A statement posted on Oando’s website said the shareholders…
Oando successfully concluded its 43rd Annual General Meeting (AGM), at the Wings Office Complex, Victoria Island, Lagos. In line with COVID safety protocols, shareholders were represented by proxies of their various associations at the AGM. All resolutions proposed at the…
By Uthman Salami, Abuja The Group Chief Executive Officer of Oando Plc, Adewale Tinubu said Nigeria is losing about 20 per cent of its crude oil production to smugglers and pipeline vandals daily. The Oando boss made the disclosure while…
Oando Plc has announced the appointment of Mr. Adeola Ogunsemi as the Executive Director following the resignation of Mr. Olufemi Adeyemo. This was disclosed through a notice filed with The Exchange and signed by the company’s secretary, Ayotola Jagun. The…
