oando nigeria

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    Oando declares N19.8 billion profit, performance rising – Premium Times Nigeria

    Oando has once again boosted shareholders confidence by publishing a N19.8bn profit after tax in its FYE 2017 financial results. Five quarters in a row. The company has sustained its trend of posting positive results. Many would have thought that the Securities and Exchange Commission’s …...
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    Why SEC is yet to start Oando forensic audit – Premium Times Nigeria

    The delay in the forensic audit of Nigerian oil and gas firm, Oando plc, by the Securities and Exchange Commission, SEC, is caused by ‘payment to auditors and other logistic concerns’, PREMIUM TIMES has learnt. A top official at SEC told PREMIUM TIMES on Tuesday that the regulatory body was...
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    Business Senate Affirms PPPs For Refineries’ Reformation

    The Honourable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, Wale Tinubu, Group Chief Executive Officer of Oando PLC, Massimo Insula, Managing Director Nigerian Agip Oil Company, and Aniebor Kraghas, Chief Operating Officer, Nigerian National Petroleum Company (NNPC)...
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    Business Oando Nigeria Secures $475m Restructure Loan, to Sell Assets Worth $350m

    Nigerian oi firm, Oando has announced that it has secured a 94.6 billion naira ($475 mln) loan facility from a group of banks in Nigeria. The financing led by Access Bank, includes Diamond Bank, Ecobank, FCMB, Fidelity Bank, Stanbic IBTC Bank, UBA , Union Bank and Zenith Bank. The facility is...
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