Oando PLC has reported a profit of ₦113.06 billion for the first quarter (Q1) ended March 31, 2025, a strong rebound from its previous year’s Q1...
Oando Plc reported a 267% increase in Profit After Tax (PAT) to ₦220 billion for the financial year ended December 31, 2024, following the $754 million...
Oando Plc has secured an important foothold in the Caribbean energy market after its subsidiary, Oando Trading, was named the preferred bidder to lease the refinery...
Oando Plc has announced the phased distribution of its shares in line with a shareholder-approved resolution passed at the company’s 45th Annual General Meeting (AGM) on...
Oando Plc recorded strong financial growth in full-year 2024 as revenue rose by 45% to N4.12 trillion from N2.85 trillion in 2023. The energy company’s performance...
Oando Plc has partnered with the Lagos State Government to deploy 5,000 electricity buses for public transportation. This was disclosed by the Group Chief Executive Officer,...
Oando PLC, Africa’s leading indigenous energy solutions provider, has secured the operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin. This achievement follows a competitive...
The Nigerian Exchange Limited (NGX) began the trading week on a positive note as shares of Oando Plc and 31 other stocks bolstered market capitalisation. The...
Oando PLC has announced changes to its Board of Directors following the resignation of His Royal Majesty, Oba Adedotun Gbadebo, CFR, the Alake of Egbaland, as...
Nigerian energy company Oando is targeting a production of 100,000 barrels per day by 2028, following its acquisition of Eni’s Nigerian Agip Oil Company (NAOC) earlier...