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OANDO - Page 3

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

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 is adding the deployment of mass transit to its portfolio

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 from 53,124.63 ASI to 53,603.8 ASI. Over 236.06 million shares

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 to the N30.35 trillion reported on Tuesday. In the same

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 trillion, slightly from N30.33 trillion recorded on Friday, 3 March

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 that the All-Share Index increased by 379.21 basis points, from 54,949.21 ASI to

February 27, 2023

Business·Oil & Gas

Oando, MRS Increases Fuel Price, Risk Losing Operational License Amid Gov’t Threat

Oando, MRS, and some filling stations have began selling Premium Motor Sprirt (PMS) above N165, three weeks after the Federal Government threatened to revoke license of firms that hike fuel price. Prime Business Africa had reported last week that the Nigerian National

July 18, 2022

Business·Oil & Gas

Oando Boss, Wale Tinubu, Says Business Suffering From Oil Theft, Reveal Losses

The Group Chief Executive Officer of Oando Plc, Wale Tinubu, said Nigeria’s Gross Domestic Product (GDP) is at risk of losing millions due to the crude oil barrels pumped by oil companies that are lost to sabotage and theft. Tinubu said the

July 7, 2022

Business·Oil & Gas

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Minority shareholders in Oando have filed a petition demanding for their shares to be acquired by the company or the majority investor in the firm, Ocean and Oil Development Partners Limited (OODP). OODP has 57.37% ownership of Oando, and has agreed to

June 23, 2022

News·Oil & Gas·Top Stories

Dirty Fuel: NNPC, Oando, MRS, Others To Face NASS Panel

Going by the posture of the House of Representatives Committee on Petroleum (Downstream) on the dirty fuel importation saga, entities fingered in the controversy will soon face the Hon. Abdullahi Mahmud Gaya-led committee. This comes barely a day after the Nigerian National

February 17, 2022

Finance & Economy·News

TRIPPLEG biggest gainers as ROYALEX tops losers chart on NGX

At the close of business at the Nigerian Exchange Group (NGX) on Thursday, TRIPPLEG emerged top of gainers chart while ROYALEX topped the losers’ chart. To emerge as topmost gainers, TRIPPLEG had a closing price of N0.77 as against N0.70 it posted

July 1, 2021

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OANDO - Page 3

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

Oando, MRS Increases Fuel Price, Risk Losing Operational License Amid Gov’t Threat

Oando Boss, Wale Tinubu, Says Business Suffering From Oil Theft, Reveal Losses

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Dirty Fuel: NNPC, Oando, MRS, Others To Face NASS Panel

TRIPPLEG biggest gainers as ROYALEX tops losers chart on NGX

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