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Tag: oando

Business
Oando acquires Nigerian Agip oil company

Oando acquires Nigerian Agip oil company

August 22, 2024August 22, 2024 AGS

AGS NEWS – Oando PLC has completed the acquisition of 100% shares of Nigerian Agip Oil Company Limited (NAOC Ltd), marking a significant milestone for the company. Oando announced the completion of the deal with Eni in a statement on … Continue reading Oando acquires Nigerian Agip oil company

Business
Oando bounces back, records N32.9bn post tax profit

Oando bounces back, records N32.9bn post tax profit

September 19, 2023November 20, 2024 AGS

Oando Plc has unveiled its audited financial results for the year ending December 31, 2021, marking a significant turnaround from the preceding year. The company reported a profit-after-tax of N32.9 billion, contrasting with a loss-after-tax of N140.7 billion in 2020. … Continue reading Oando bounces back, records N32.9bn post tax profit

Business
Oando takes full ownership of NAOC

Oando takes full ownership of NAOC

September 4, 2023November 20, 2024 AGS

Oando Plc has entered into an agreement with the Italian firm Eni to acquire the entire share capital of Nigerian Agip Oil Company Limited. The company’s Company Secretary, Ayotola Jagun, issued a statement on Monday, revealing that the completion of … Continue reading Oando takes full ownership of NAOC

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