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OANDO

Worst-Performing Nigerian Oil Companies In Q3 2025 — By Revenue Decline

Out of the six oil companies listed on the Nigerian Exchange (NGX), also known as the stock market, four companies made it to the list of the worst-performing oil producers in Nigeria by revenue decline in the third quarter (Q3) of 2025,

December 29, 2025

Business·Top Stories

Five Out Of Six Oil Companies Performed Woefully On NGX In Q3 2025

Shareholders of Eterna Plc, Oando Plc, Conoil, Total Nigeria and Seplat Petroleum ended the third quarter (Q3) with significant losses, compared to those of Aradel Holdings on the Nigerian Exchange (NGX) Limited. However, despite five out of six oil companies’ stocks declining

December 2, 2025

Business·Top Stories

Oil Billionaires Who Recorded Losses In H1 2025

Five major investors of oil companies listed on the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, recorded a decline in their investments within the first half (H1) of 2025, according to Prime Business Africa’s analysis. PBA gathered that

August 20, 2025

Business·Top Stories

Legend Internet, Oando, Others Wiped Off N491.83bn From Stock Market

Over N491.83 billion was lost at the end of trading on Friday, June 27, after the stock market capitalisation declined to N75.96 trillion from N76.45 trillion on Thursday, June 26. Similarly, the all-share index (ASI) nosedived to 119,995.76 ASI, losing 776.92 basis

June 27, 2025

Business·Top Stories

Champion Breweries, MTN, Others Increase Nigerian Stock Market Valuation By N1.15trn

Champion Breweries topped the list of gainers, and the Northern Nigeria Flour Mill (NNFM) led the losers’ table as the stock market capitalisation appreciated by 1.62 percent on Thursday, June 5. This represents a gain of N1.15 trillion, considering the stock market

June 5, 2025

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Oando Leads Stock Market Gainers’ List, Meyer Among Losers

The stock market capitalisation increased by N223.38 billion on Wednesday, June 4, after the all-share index (ASI) appreciated by 0.31 per cent. According to trading data released by the Nigerian Exchange Limited (NGX), the bourse’s capitalisation increased to N71.11 trillion from N70.89

June 4, 2025

Business·Top Stories

Wale Tinubu Loses N77bn In Five Months As Oando Struggles To Attract Investors

Wale Tinubu, the chief executive officer (CEO) of Oando Plc and a nephew of Bola Tinubu, the President of Nigeria, saw his net worth in the oil and gas company decline by 24.77 per cent year-to-date as equity investors’ interest in the

May 14, 2025

Business·Top Stories

Chellarams, Oando, Others Increase Stock Market Cap By N314bn

On Tuesday, May 13, the equity capitalisation of the Nigerian stock market closed at N68.35 trillion, from the N68.04 trillion reported on Monday, May 12. The N314.95 billion or 0.46 per cent increase in the market capitalisation was driven by Chellarams, Oando,

May 13, 2025

Business·News·Oil & Gas

Oando Completes $783m Acquisition Of Agip Oil

Oando PLC has announced that it has successfully completed acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni. A statement signed by Ayotola Jagun, Oando Chief Compliance Officer and Company Secretary,

August 23, 2024

Business·News·Oil & Gas

Oando Denies Having Interests In Maltese Blending Plant

Oando PLC, an indigenous oil and gas company in Nigeria, has denied allegations that it owns a blending plant and storage facility in Malta. A post via X on Friday, 26th July, had alleged that the company is a shareholder and some

July 27, 2024

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OANDO

Worst-Performing Nigerian Oil Companies In Q3 2025 — By Revenue Decline

Five Out Of Six Oil Companies Performed Woefully On NGX In Q3 2025

Oil Billionaires Who Recorded Losses In H1 2025

Legend Internet, Oando, Others Wiped Off N491.83bn From Stock Market

Champion Breweries, MTN, Others Increase Nigerian Stock Market Valuation By N1.15trn

Oando Leads Stock Market Gainers’ List, Meyer Among Losers

Wale Tinubu Loses N77bn In Five Months As Oando Struggles To Attract Investors

Chellarams, Oando, Others Increase Stock Market Cap By N314bn

Oando Completes $783m Acquisition Of Agip Oil

Oando Denies Having Interests In Maltese Blending Plant

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