OANDO – Page 2 of 3 – Prime Business Africa

Oando Denies Having Interests In Maltese Blending Plant

OANDO Leads Top Losers As JOHNHOLT, OMATEK, Lead Gainers

In a market day marked by red numbers, the Nigerian Exchange (NGX) showcased its resilience as it closed in negative territory on Thursday. Despite equities declining further amid high trading volume, market

Emmanuel Ochayi

September 21, 2023

Business·News·Oil & Gas

Oando to Acquire Eni’s Nigerian Onshore Division

Oando, a prominent Nigerian oil producer, has announced its plans to acquire Italian energy giant Eni’s onshore Nigerian division. This groundbreaking deal encompasses control over onshore upstream assets nestled in the heart

Emmanuel Ochayi

September 4, 2023

Court Set Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Business·Oil & Gas

Court Sets Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Justice Aneke of the Federal High Court has adjourned the hearing of the Scheme Of Arrangement for the acquisition of shares held by Oando’s minority shareholders. Prime Business Africa previously reported that

Fakoyejo Olalekan

May 23, 2023

Business·Markets

Stock Market Cap Increases By N10 billion Amid Gains In Oando, Transcorp

Over N10 billion was added to the stock market capitalisation on Monday, lifting the Nigerian bourse’s valuation to N28.44 trillion. During the previous trading session, the market capitalisation had closed at N28.43 trillion.

Fakoyejo Olalekan

May 15, 2023

Business

Minority Shareholders Reject Union Bank, Oando Acquisition Arrangement

The President of the New Dimension Shareholders Association, Patrick Ajudua, has spoken against the proposed offer tendered by Titan Trust Bank Limited and Ocean and Oil Development Partners Limited (OODP) to buy

Fakoyejo Olalekan

May 11, 2023

Business·Oil & Gas

Wale Tinubu’s Oando To Commence Electric Transport Business In Lagos

Oando Clean Energy (OCEL), largely owned by Wale Tinubu, has taken delivery of electric buses from Chinese carmaker, Yutong Bus, as the company enters the transportation business in Lagos State. Oando Plc

Fakoyejo Olalekan

April 26, 2023

Business·Markets

Dangote Cement, Oando, Other Equity Investors Pocket N250 billion

Investors went home with N250 billion gain on Wednesday, as the market capitalisation appreciated from N28.95 trillion to N29.20 trillion. Similarly, the All-Share Index recovered after gaining 479.17 basis points. It rose

Fakoyejo Olalekan

March 29, 2023

Business·Markets

Over N126.76 billion Lost Amid Sell-Off In Oando, Glaxo Smith, Others

On Wednesday, 15 March 2023, the stock market capitalisation shed –0.41 per cent in valuation, as it fell to N30.22 trillion. The decline represents N126.76 billion when the N30.22 trillion market capitalisation is compared

Fakoyejo Olalekan

March 15, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

Stock Investors Lose N40.42bn, Oando, Japaul Gold Among Losers’ List

About N40.42 billion was lost in the Nigerian stock market on Monday, 6 March 2023, as the equity capitalisation depreciated by -0.13 per cent. This led to the market capitalisation dropping to N30.29

Fakoyejo Olalekan

March 6, 2023

Business·Markets

Updated: Over N206.57 billion Gained By Nigerian Stock Investors In One Day

The stock market capitalisation appreciated by 0.69 per cent or N206.57 billion to close at N30.14 trillion on Monday, 27 February 2023, rising from N29.93 trillion reported last week Friday, 24 February 2023. It was learnt

Fakoyejo Olalekan

February 27, 2023

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OANDO - Page 2

OANDO Leads Top Losers As JOHNHOLT, OMATEK, Lead Gainers

Oando to Acquire Eni’s Nigerian Onshore Division

Court Sets Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Stock Market Cap Increases By N10 billion Amid Gains In Oando, Transcorp

Minority Shareholders Reject Union Bank, Oando Acquisition Arrangement

Wale Tinubu’s Oando To Commence Electric Transport Business In Lagos

Dangote Cement, Oando, Other Equity Investors Pocket N250 billion

Over N126.76 billion Lost Amid Sell-Off In Oando, Glaxo Smith, Others

Stock Investors Lose N40.42bn, Oando, Japaul Gold Among Losers’ List

Updated: Over N206.57 billion Gained By Nigerian Stock Investors In One Day

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