Tag
OANDO
Oando PLC's shares rose by over 14% in the third week of January, increasing from an opening price...
The Nigerian stock market, tracked by the All-Share Index (ASI), demonstrated a strong performance in 2024, achieving a growth of 37.65% and continuing a five-year bullish streak.
Nigeria's oil and gas industry witnessed a flurry of business deals such as partnerships, acquisitions, and divestments in 2024.
Oando PLC’s Q3 2024 results reveal a company balancing on the edge of challenges and opportunities.
Oando PLC (“Oando” or the “Company”) hereby notifies the shareholders and other stakeholders that the Board of Directors of the Company has appointed Mr. Ken Igbokwe and Mr. Bashir Bello as Independent Non-Executive Directors of the Company in accordance with Article 88 of the Company’s articles of association, effective 25 November 2024.
Oando PLC (“Oando” or the “Company”) Africa’s leading energy solutions provider listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) is pleased to announce that the Company has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.
On Friday, November 1, 2024, leading energy solutions company Oando PLC reported a profit after tax of N60.3 billion in its audited financials for the full year ended 2023, a substantial improvement from its 2022 financial performance.
Oil companies operating in Nigeria have claimed that members of host communities are responsible for oil theft and pipeline vandalism in the region.
The Nigerian oil and gas sector has experienced a strong bullish trend, driven by impressive performances from individual stocks.
Historically, the energy sector has been a big bet for investors and generically, it has been an expanding sector globally since the industrial revolution.
As of August 2024, eight Nigerian stocks have achieved triple-digit Year-to-Date (YtD) gains, highlighting their exceptional performance amid market volatility.
An indigenous energy company, Oando Plc, has announced it will take legal action against those spreading false allegations concerning its $783 million acquisition of Nigerian Agip Oil Company (NAOC).