Browse Tag

OANDO

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

Business·Oil & Gas

Eni Receives Approval To Sell Agip Oil To Oando

Italian Energy oil company, Eni, has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has approved its bid to sell the Nigerian Agip Oil Company (NAOC), to Oando Plc. In a statement released on Wednesday, the oil major stated that having

July 26, 2024

Business·News·Oil & Gas

Nigerian Govt Approves Oando’s Acquisition Of Agip

Nigerian government has announced completion of the deal for acquisition of 100% Nigerian Agip Oil Company (NAOC), by Oando PLC. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, who made the disclosure at Nigeria’s Oil and Gas Week

July 4, 2024

1 2 3 Next

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

OANDO

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

Eni Receives Approval To Sell Agip Oil To Oando

Nigerian Govt Approves Oando’s Acquisition Of Agip

Featured Stories

Thailand’s Queen Mother Sirikit Dies at 93

Aliko Dangote Makes History as First African to Hit $30 Billion Net Worth

Drone Terror: Nigeria’s Airspace Under Siege – Zulum Warns

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

Whatsapp Channel

Latest News

Ofala Festival: Onitsha’s Celebration of Tradition, Renewal, Unity

Lagos Police Mourn Festac DPO, CSP Matilda Ngbaronye

Lawmakers Endorse New State for South-East in Landmark Constitutional Move

Otti Breaks Ground on Dual Road Projects to Reconnect Abia’s Heartland, Boost Regional Trade

INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi

Silver Slides as Investors Lock in Profits Amid Receding Fears

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

Ofala Festival: Onitsha’s Celebration of Tradition, Renewal, Unity

Suggestions

OANDO

Featured Stories

Follow Us

Whatsapp Channel

Latest News