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OANDO - Page 2

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

NGX stock market. Photo credit: TheCable

Business·Markets·News

Oando, Mecure, Others Top Gainers As NGX Crosses 71,000 Mark

The Nigerian Exchange Group (NGX) breached the 71,000 mark, fostering a celebratory atmosphere among investors as the All-Share Index escalated by 0.25%, culminating in a closure at 71,014.34 points. This advancement not only signified the market’s resilience but also set a new

November 16, 2023

Nigeria's Stock Market Declines Of N275bn As BUA Cement, Others Faces Loss

Business·News

Oando Leads Losses As Nigerian Market Loses N518.08 Billion

Oando Corporation found itself at the forefront of the Nigerian stock market’s struggles as equity capitalization took a staggering 1.38 percent nosedive, resulting in a colossal N518.08 billion loss in total market value. The market closed on Friday with a significantly reduced

September 22, 2023

Business·News·Oil & Gas

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 players found glimmers of hope in the midst of the

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 of the Niger Delta, including a significant stake in the

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 the majority investor in Oando, Ocean and Oil Development Partners

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. This means the valuation rose slightly by 0.03 per cent.

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 out Union Bank and Oando minority shareholders. Titan Trust Bank

May 11, 2023

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OANDO - Page 2

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

Oando, Mecure, Others Top Gainers As NGX Crosses 71,000 Mark

Oando Leads Losses As Nigerian Market Loses N518.08 Billion

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

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