Tag: Oando
Empowering women in Africa’s energy sector: Leading the charge for inclusive growth
As Africa navigates its energy transition, empowering women is not optional. It is imperative. By weaving inclusivity into governance and…
Market bleeds ₦141bn in a day MTN, Oando drag NGX down
The All-Share Index fell by 224.91 points to close at 104,563.34, compared to Thursday’s 104,788.25, while market capitalisation tumbled from…
NNPC, Oando and Atiku Abubakar’s attacks
But sometimes, Alhaji Atiku Abubakar behaves as if he should be removed from that exclusive club. Or how else can…
Breaking: Oando buys 100% AGIP assets in Nigeria
The AGIP acquisition, a giant leap for the company, increases Oando’s current participating interests in OMLs 60, 61, 62, and…
The 4 companies that Imported bad fuel into Nigeria
NNPC has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit…
Oando surges on Nigerian Exchange
Share in Oando surged around 10% to a five-month high on Thursday following its settlement of a long-running dispute with…
Judge transfers Oando suit against SEC to Securities Tribunal
Justice Giwa Ogunbanjo has dismissed the lawsuits brought by Oando Plc challenging the Securities and Exchange Commission's removal of its…
MRS, Vitol, Oando, AYM Shafa win NNPC crude-for-fuel contracts
The NNPC has reportedly issued award letters for highly sought-after contracts to exchange crude oil for imported fuel, with some…
SEC opposes joining of Oando in Tinubu’s suit
Counsel to the Securities and Exchange Commission (SEC), Chief Anthony Idigbe (SAN), on Monday opposed an application seeking to join…
Oando v SEC: Court adjourns hearing till July
Justice Ayokunle Faji of the Federal High Court in Lagos on Monday adjourned until 22 July a case brought by…
Oando v SEC: Legal fireworks begin June 24
Legal fireworks will begin on June 24 between sacked Oando directors, Jubril Adewale Tinubu and Omamofe Boyo and the Securities…
Oando Saga: Action aimed at protecting investors, says SEC
The Securities and Exchange Commission (SEC) on Sunday said that Oando Plc was given sufficient opportunity of being heard before…
Police take over Oando head office in Lagos
Officers and men of the Nigeria Police have taken over the head office of Oando PLC in Victoria Island Lagos.
Sunmonu takes over Oando
Mr. Mutiu Olaniyi Adio Sunmonu has been appointed by the Securities and Exchange Commission to lead an interim management of…
Updated: Tinubu, Oando challenge SEC ban
Oando and its embattled CEO Wale Tinubu vowed Friday to take all 'legal steps' to challenge the penalties imposed by…
Tinubu banned for five years
The Securities and Exchange Commission wielded the big hammer on Friday against Wale Tinubu, banning him and his deputy, Omamofe…
Oando gets court order to lift share price suspension
Nigerian oil company Oando has obtained a court order to lift the suspension of trading in its shares and halt…
NSE suspends trading on Oando shares
The Nigerian Stock Exchange, NSE, has suspended trading on the shares of Oando Plc with effect from October, 2017.
SEC suspends sale of Oando shares
The Securities and Exchange Commission on Wednesday instructed the Nigerian Stock Exchange to implement a full suspension in the trading…
NCAA Issues First Drones Operator Certificate To Oando
The Nigerian Civil Aviation Authority (NCAA) on Thursday issued its first Remotely Piloted Aircraft (RPAs)/Drones Operator's Certificate (ROC) to Oando…
DPR supplies 294 trucks of PMS in Abuja
The Department of Petroleum Resources (DPR) said that 149 trucks loaded with petrol were supplied to Abuja and its environs…
NFF, Oando to sign sponsorship deal
The Nigeria Football Federation (NFF) has said that it would soon sign a sponsorship deal with Oando, a leading integrated…
Oando Sells 60% Of Downstream Business For $276m
Nigeria’s Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners…
Petrol Price: Oando Filling Station Sealed Over Non Compliance
Jethro Ibileke/Benin An Oando filling station in Benin, on Monday, came under the sledge hammer of Edo State Petroleum Monitoring…
Nigeria’s oil minister approves sale of Conoco assets to Oando
Nigeria’s oil minister, Diezani Alison Madueke, has finally given her consent to the acquisition of Conoco-Phillips Nigerian asset by Oando,…
Oando shifts take-over of ConocoPhillips Nigerian business
Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria, has announced that the…
Oando pays ConocoPhillips another $25mn
Oando Energy Resources has paid another $25million dollars to US oil company, ConocoPhillips, as part of the moves to acquire…
New date for Oando take-over of ConocoPhilips Nigerian business
Oando has announced 30 April for the completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business…
Nigeria pays oil marketers N41bn
Nigeria’s Federal Government on Thursday paid N41billion to 27 oil marketers whose claims had been verified for fuel subsidy reimbursements.…
SEC approves Oando’s N30.7bn special placement
Nigeria’s Securities and Exchange Commission (SEC) has approved Oando’s N30.7 billion (about $200m) special placement fund raising exercise for the…