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Oando

Energy FEATURED Latest TOP STORIES 

Oando’s $783m NAOC Acquisition Wins Continental Recognition

April 3, 2025April 3, 2025 Markets Reporters 0 Comments 2025 IFLR Africa Awards, NAOC acquisition, Oando

Oando’s acquisition of Nigerian Agip Oil Company (NAOC) from Italian energy company Eni has won the ‘Domestic Impact Deal of

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Energy FEATURED Latest TOP STORIES 

Oando poised for ‘aggressive drilling programme’, says CEO Wale Tinubu

January 31, 2025January 31, 2025 Markets Reporters 0 Comments Oando, Wale Tinubu

Oando, a major indigenous energy operator in Nigeria, says it will execute “aggressive drilling programme” to boost its oil and

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Energy FEATURED Latest TOP STORIES 

Oando’s pretax profit falls 54% despite revenue rise

January 30, 2025January 30, 2025 Markets Reporters 0 Comments Oando

Oando Plc, an indigenous energy company, reported a profit before tax of N47.78 billion last year, down from N102.98 billion

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Energy FEATURED Latest TOP STORIES 

Nigeria’s Oando wins Angolan oil block months after NAOC acquisition

January 22, 2025January 22, 2025 Markets Reporters 0 Comments Angola Onshore Kwanza Basin, Oando

Oando Plc says its upstream subsidiary, Oando Energy Resources, has been awarded operatorship of Block KON 13 in Angola’s Onshore

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Energy FEATURED Latest TOP STORIES 

Oando posts 31% drop in quarterly profit

December 17, 2024December 17, 2024 Markets Reporters 0 Comments NAOC, Oando, Wale Tinubu

Oando, an indigenous energy company in Nigeria, reported a 31% decline in its profit after tax to N76.3 billion in

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FEATURED Latest Stocks TOP STORIES 

Oando explains financials delay amid second trading suspension in 2024

October 25, 2024 Markets Reporters 0 Comments Oando, Oando shares

Oando, an indigenous energy group, has attributed the delay of the publication of its 2023 audited financial statements to “the

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FEATURED Latest Stocks TOP STORIES 

Transcorp Hotels, Oando rejoin trillion-naira valuation club

October 22, 2024 Markets Reporters 0 Comments Oando, Transcorp Hotels, trillion-naira valuation club

Transcorp Hotels and Oando returned to the club of listed companies with a market value of at least N1 trillion

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Energy FEATURED Latest TOP STORIES 

Afreximbank, two others back Oando’s NAOC purchase with $650m financing

August 23, 2024August 23, 2024 Markets Reporters 0 Comments Afreximbank, Nigerian Agip Oil Company, Nigerian stocks, Oando, Oando NAOC deal

African Export-Import Bank said it arranged a $650 million facility for Oando Plc for the financing of the company’s acquisition

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Energy FEATURED Latest TOP STORIES 

Oando pays $783m for acquisition of Eni subsidiary NAOC

August 22, 2024August 22, 2024 Markets Reporters 0 Comments Eni NAOC, Nigerian Agip Oil Company, Oando

Oando Plc, a Nigerian energy solutions provider, has announces the successful completion of the acquisition of 100% of the shareholding

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Energy FEATURED Latest TOP STORIES 

Oando refutes alleged ownership of blending plant in Malta

July 26, 2024 Markets Reporters 0 Comments Malta blending plant, Oando, Raz Hansir Oil Terminal

Oando Plc has refuted an allegation that it owns interest in an oil storage and blending facility in Malta. “Our

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