Oando continues with strong financial performance, reports 172% growth in gross profit in Q1 2025 financial report
Oando, one of Africa’s leading indigenous energy solutions providers, has ended the first quarter of the year on a high ...
Tag: Oando Plc
News and analysis about oando plc
Oando posts N113 billion Q1 PAT for 2025, on surging income tax credit
Oando Plc has released its financial results for the first quarter of 2025, reporting a profit after tax (PAT) of ...
Oando deepens upstream investment with $375m financing deal
Oando PLC, Nigeria’s leading indigenous energy solutions company with primary and secondary listings on the Nigerian and Johannesburg Stock Exchanges, ...
Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day
Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility to $375 ...
Oando becomes preferred bidder for Guaracara Refining Company in Trinidad, hints at Afro-Caribbean partnership
Oando PLC has stated that its subsidiary, Oando Trading, was selected as the preferred bidder to lease the refinery assets ...
Will Oando Plc gain another 529% this year?
Oando Plc saw its stock surge by an impressive 529% in 2024, rising from N10.50 to N66, making it the ...
Oando reports N47.7 billion pre-tax profit as full-year revenues top N4.1 trillion
Oando Plc has disclosed a full-year pre-tax profit of N47.7 billion in its latest unaudited financial report for 2024, released ...
Oando to deploy 5,000 electric buses for public transport in Lagos – Wale Tinubu
The Group Chief Executive Officer of OandO Plc, Wale Tinubu has disclosed that the oil firm is partnering with the ...
Oando Energy secures operatorship of Block KON 13 in Angola, targets increased productivity
Oando PLC has announced to the Nigerian Exchange (NGX) that its subsidiary, Oando Energy Resources (OER), has been awarded the ...
Oando appoints Ademola Akinrele as Chairman, announces Non-Executive Director
Oando PLC has announced the appointment of Mr. Ademola Akinrele, SAN, as the new Chairman of the Board, effective immediately ...
