Sunday, September 24, 2017
Tags Posts tagged with "Oando PLC"

Tag: Oando PLC

How Oando’s shareholding structure nearly crippled Wale Tinubu

By Odunewu Segun CEO of Oando Plc, Wale Tinubu on Tuesday survived the plot to have him removed as shareholders of the company passed a...

SEC distances self from Oando petition saga

The Securities and Exchange Commission (SEC) has distanced itself from recent media reports that had hinted at aclean bill of health for Oando over...

Corruption: EFCC recovers N328.9 billion from Mobil, Total, others

  By Boluwatife Ezekiel Olaleye The Economic and Financial Crimes Commission (EFCC) has announced that a total of N328.9 billion was recuperated from nine major oil...

NUPENG threatens strike over P’Harcourt refinery sale

By Richards Adeniyi   The Nigeria Union of Petroleum and Natural Gas Workers has vowed to shut down the oil sector if the Federal Government fails...

Oando optimistic of convergence of Forex rates

By Chioma Obinagwam The Chief Executive Officer (CEO) of Oando, Wale Tinubu has said that he sees a possible convergence of the Foreign Exchange (Forex)...

Oando wants approval to refurbish refineries

Mr. Wale Tinubu, the Managing Director, Oando Plc have made known that the company would seek approval from the Federal Government for the refurbishment...

Oando faces two-pronged problems over increasing profit loss

BY ODUNEWU SEGUN THE recurring losses of Oando Plc, plus huge debts and severe negative working capital position may cast significant doubt as to the...

Oando acquires minority shares of OER

THE prolong acquisition arrangement by Oando Plc over the minority shares of Oando Energy Resources at the considerate rate of $1.20 per share has...

OER says shareholders approve “Plan of Arrangement” with Oando Plc

By Chioma Obinagwam Oando Energy Resources Inc. has announced that at a special meeting of its shareholders held recently, its shareholders overwhelmingly approved the previously...
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