Oando Plc has recorded a profit after tax of ₦113.06 billion in the first quarter of 2025, showing a strong 90.5 percent rise compared to the ₦59.35 billion it posted …
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Oando Plc
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BusinessEconomyFinance & ServicesMarketsOil & Gas
Nigerian Equities Market Hits ₦71 Trillion as Oando, 30 Stocks Drive Gains Amid Oil & Gas Sector Slump
The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
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AfricaDevelopmentEconomyEnergyInfrastructureNigeriaOil & Gas
Nigerian Oil Companies Now Lead Nation’s Crude Production as Indigenous Firms Surpass 50% Output Share
Nigeria’s oil and gas industry is undergoing a major transformation as local oil companies now produce more than half of the country’s total crude oil output. This development marks a …
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BusinessEnergyFinance & ServicesInsuranceINVESTMENTNigeriaWestern Africa
AfrexInsure Partners with Oando to Strengthen Investment Protection
AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank (Afreximbank), has onboarded Oando Plc as a strategic partner to protect the bank’s investment in Oando’s operations in Nigeria through …