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Wale Tinubu addresses acquisition of Agip from ENI, awaits ministerial approval

The Group Chief Executive, Oando Plc, Wale Tinubu, said the acquisition of Nigerian Agip Oil Company Limited (NAOC Ltd) from ENI shows the importance...

Business

Investors in oil companies make N40.5bn as Tinubu’s reform spurs demands in the capital market

Companies operating in the Nigerian oil and gas sector have dominated trading activities in the capital market in the last week as investors mop...

Business

Court delays Oando’s acquisition, to hear Scheme Of Arrangement in October

The acquisition of minority shares by Ocean and Oil Development Partners (OODP) and Oando Plc has been delayed by the Federal High Court, Ikoyi,...

Business

BUSINESS ROUNDUP: CBN hikes interest rate to 18.5%; Court delays Oando’s deal; other stories

Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital...

Business

Oando, Prestige and First Bank are Nigerian stocks to watch this week

Stocks to watch list this week are Oando, Prestige and First Bank. The companies made the list following operational and stock market activities last...

Business

WEEKLY ROUNDUP: Nigerian stock market attracts N17.56bn investment

On the trading floor, a total turnover of 2.071 billion shares exchanged investors’ hands between Monday and Friday last week in 17,917 deals worth...

Business

Militant activities, sabotage in N’Delta sank production —Oando CEO, Wale Tinubu

The Chief Executive Officer of Oando Plc, Wale Tinubu, has stated that increase in militant activities and sabotage in Niger Delta dragged hydrocarbon production...

Business

Oando, Unity Bank among losers, as stock market reports sluggish growth

Nigerian bourse saw the market capitalisation appreciates by 0.01 per cent to close at N30.33 trillion on Friday, slightly above Thursday’s N30.32 trillion. The...

Business

Investors left in dark, as Judge’s absence stalls Oando’s acquisition petition

Hearing of the petition filed by Oando’s minority shareholders led by Venus Construction Company Limited has been delayed following the judge’s absence. The petition...

Business

Stocks to watch: Major blow to Access Holdings revenue, Oando disappoints investors

Access Holdings, Oando and Thomas Wyatt made it into this week’s stocks to watch list due to various reasons, such as board and stock...

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