Oando Plc

Oando Profit-After-Tax up 267% to N220bn in FY2024

June 08, (THEWILL) – Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), posted robust Audited Full Year (FY) 2024 financial results with a 44% increase in revenue...

Oando-NAOC Deal Followed Regulatory Framework Under PIA – NUPRC Replies Atiku

August 26, (THEWILL) – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the approvals given to the NAOC-Oando and Equinor-Chappal divestments were in accordance with the defined regulatory framework and standard consent approval process set by the Commission...

Oando Plc Completes $783m Acquisition Of Nigerian Agip Oil

August 22, (THEWILL) – Oando Plc has completed the acquisition of 100 percent of the shareholding interest in the Nigerian Agip Oil Company (NAOC), from the Italian energy company, Eni, for a total consideration of $783 million. The company, in...

Climate Change: Oando, Cross River Government Announce Renewable Energy Plans

December 10, (THEWILL) - Oando Clean Energy (OCEL), the renewable energy business subsidiary of Oando Energy Resources, a part of the Oando PLC Group, is amongst the private sector players participating in COP28. In line with its remit and COP28...

Oando Plc Announces N32.9bn Profit-After-Tax for FY 2021

September 19, (THEWILL) - Oando Plc has announced a profit after tax (PAT) of N32.9 billon in its full-year-ended 2021 financials. This year, 2023, has seen the Company record positive highlights, including the recent announcement of its intent to...

NNPC Denies Opposing Sale of NAOC Shares to Oando

September 7, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it is opposed to the sale of the shares of Nigerian Agip Oil Company Limited (NAOC) to Oando Plc. The clarification follows media...

Agip-Oando Acquisition Deal Suffers Setback As NNPCL Moves to Invalidate Transaction

September 6, (THEWILL) – The recent agreement by Oando Plc with Eni to acquire 100 percent stake in its (Eni’s) subsidiary – Nigerian Agip Oil Company (NAOC) Limited – may have suffered a setback as the Nigerian National Petroleum...

Eni Signs Agreement To Sell Nigerian Subsidiary NAOC Ltd To Oando Plc

September 04, (THEWILL) - Eni – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - has announced the signing of an agreement with Oando Plc for the sale of Nigerian Agip...

REA, OANDO Sign Agreement to Boost Renewable Energy Access in Nigeria

June 14, (THEWILL) - The Rural Electrification Agency (REA) says it has signed an agreement with Oando Clean Energy Limited (OCEL) to boost renewable energy access across Nigeria. REA, in a statement on Wednesday, said the signing is a result...

Electric Mass Transit Buses: Oando, LAMATA Revolution in Lagos

Oando Clean Energy Limited (OCEL), in partnership with the Lagos Metropolitan Area Transport Authority (LAMATA), last Tuesday commenced operations of its electric mass transit buses at the Lagos Bus Services Limited (LBSL) Head Office, Ilupeju, Lagos. A statement released by...
- Advertisement -spot_img

Latest News

UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
- Advertisement -spot_img
THEWILL APP ADS 2