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Business

Oando Delays Release Of 2023 Audited Financial Statements By Seven Days

Oando Plc has announced a seven-day delay in the release of its 2023 Audited Financial Statements (AFS).This follows a previous notice on October 2,...
Business

Oando Shares Suspended From NGX Trading Over Delayed Audited Account

Trading in the shares of Oando Plc has been suspended on the Nigerian Exchange (NGX) Limited due to the company’s failure to submit its...
Business

Oando’s Share Price Rises By 60.71% Amidst Acquisition Deal

Oando Plc, one of the oil and gas companies listed on the Nigerian Exchange Group Plc, reported a substantial market gain of approximately N361.13bn...
Business

Budget Office DG, Yakubu Resigns From Oando Plc

Oando Plc has announced the resignation of Mr. Tanimu Yakubu as Non-Executive Director of the company.This was contained in the company’s notice to the...
Business

Oando Completes $783m Acquisition Of Agip Oil

Oando Energy Plc has announced the completion of the acquisition of 100 per cent of the shareholding interest in the Nigerian Agip Oil Company...
Business

Oando Gains N190.2bn To Top Weekly Gainers

Oando Plc, one of the oil and gas firms listed on the Nigerian Exchange Group Plc (NGX), reported a significant gain of approximately N190.2bn...
Business

Johannesburg Stock Exchange Finally Lifts Suspension Imposed On Oando Shares

The Johannesburg Stock Exchange has finally lifted the suspension on trading in the Shares of Oando Plc.Oando disclosed this in a filing seen by...
Business

Oando’s Crisis Worsens As N3tn Needed To Rescue Firm From Liquidation— Auditors Report Reveals

Oando Plc’s external auditor, BDO Professional Services Chartered Accountants is not backing down on its previous opinion that Oando is threatened with a huge...
Business

Oando Fails To Settle Minority Shareholders 18 Months After Court Order

Oando Plc has again failed to obtain approval for the Scheme of Arrangement document from the Securities and Exchange Commission and the Nigerian Exchange...
Business

Oando Loses N18bn As Equities Market Close Negative

Oando Plc has lost N18bn of its market capitalization after the Nigerian equities market closed negative.The oil giant was the worst loser after trading...
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