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OANDO PLC
News and analysis about oando plc
This article features the top Nigerian oil and gas companies by revenue in H1 2025.
Nigeria’s corporate debt landscape in H1 2025 reveals a sharp divergence between aggressive borrowing by some firms and strategic deleveraging by others.This article is a breakdown of some top company’s debt position, growth trend, and structure.
Oando Plc has announced the completion of the first tranche of its share distribution to eligible shareholders, with 679,364,206 shares allocated.
Oando Plc recently held an Extraordinary General Meeting (EGM) to address the reduction in the company’s capital for the year ended December 31, 2024.
Nigeria’s three biggest indigenous oil and gas producers Seplat Energy Plc, Oando Plc, and Aradel Holdings Plc pumped...
Oando Plc has notified the Nigerian Exchange Group (NGX) and its shareholders of the appointment of Mrs. Folasade...
Oando Plc has announced plans to raise up to N500 billion, or its foreign currency equivalent, from the Nigerian or international capital markets, subject to shareholder approval.
Oando, one of Africa’s leading indigenous energy solutions providers, has ended the first quarter of the year on a high with the publication of N933 billion revenue in its Q1 2025 unaudited results.
Oando Plc has released its financial results for the first quarter of 2025, reporting a profit after tax (PAT) of N113 billion, up 90.5% from N59.3 billion recorded in the same period of 2024.
Oando PLC, Nigeria’s leading indigenous energy solutions company with primary and secondary listings on the Nigerian and Johannesburg Stock Exchanges, today announced the successful upsizing of its Reserve Based Lending (RBL2) facility to $375 million.
Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility to $375 million following capital injection from Afreximbank and Mercuria.
Oando PLC has stated that its subsidiary, Oando Trading, was selected as the preferred bidder to lease the refinery assets of Guaracara Refining Company Limited (GRC), according to the Honorable Minister for Energy of Trinidad and Tobago.