Tag: N21bn Net debt reduction, Oando, Release N7.1bn profit
N7.1bn Profit, N21bn Net Debt Reduction, Oando PLC Releases Strong Q3 Results
With an end to Nigeria’s worst recession in two decades buoyed by improved performance of oil, agriculture, manufacturing and trade sectors, the economy is well on its...
OANDO SHAREHOLDERS TO BEAR THE BRUNT OF SEC DECISION: CHARGE N160 MILLION FOR FORENSIC AUDIT
Over the last six months we have watched the Securities & Exchange Commission (SEC) investigation into Oando PLC play out in the media contrary to best practice and...
Oando challenges SEC’s directives with a court order
In a decisive response to the technical suspension of the trading of its shares and proposed forensic audit of the company’s affairs, Oando Plc has fought back,...
Oando Supports US-Nigeria Business Relations in New York
The US Nigeria Council (USNC) for Food Security, Trade and Investment, an organisation dedicated to strengthening commercial ties between Nigeria and the United States...
Oando Foundation Plays Pivotal Role in Nigeria’s Primary Education
Education plays a vital role in the development of a society and is a catalyst for other forms of enduring development. In the words of Nelson Mandela, “Education is...
Protesters at Oando AGM were not shareholders – ISAN boss
Contrary to some media reports, the protest that occurred outside the venue of Oando’s Annual General Meeting held in Ibom Hall, Uyo, AkwaIbom State, on Monday,...
SEC CLEARS OANDO, APPROVES 4OTH AGM
The management of Oando Plc on Wednesday 6th September released a statement justifying its position on the position of alleged gross abuse of corporate governance and...
Oando Posts N4.6bn PAT in H1, 2017
Oando Plc, one of the Nigeria’s leading oil and gas companies, has declared a profit after tax (PAT) of N4.6 billion for the half year ended June 30, 2017, as against...
