- Wale Tinubu, CEO of Oando, has seen his share price in the company increase in the last 17 days
- Tinubu earned a whopping N31.38 billion following the surge in Oando shares
- The company witnessed a surge in its share prices following moves to acquire a 100% stake in Nigeria Agip Oil Company
Billionaire investor and owner of Oando, Wale Tinubu, has seen the value of his shares in Oando Plc skyrocket by over $40 million on the Nigerian Exchange (NGX) as investors move to lap up the company’s shares on the NGX.
According to reports, Tinubu’s stakes in Oando have increased by N31.38 billion in the past 17 days as investors in the exchange scramble for the company’s shares following moves to acquire 100% stakes in Nigerian Agip Oil Company (NAOC).
