Nigerian President Bola Tinubu’s nephew leads oil company to $2.7 billion revenue in 2024
This was driven by higher crude oil volumes, rising gas prices, and favorable exchange rate translations.
Oando
Nigerian President’s nephew, Wale Tinubu, confirms Oando’s oil facilities hold over $10 billion in value
This highlights Oando's dominance in the energy landscape as the company continues to expand its footprint both locally and globally.
Nigerian oil mogul Wale Tinubu’s Oando wins Angola’s KON 13 block
This marks a key step in the company’s efforts to increase its oil production capacity to 100,000 barrels per day as part of its broader global expansion plans.
Minority shareholders demand governance overhaul at Oando Plc amid delisting concerns
Minority shareholders push for governance reforms at Oando Plc amid delisting uncertainties, seeking stronger protections and transparency to safeguard their interests.
Oando commits to driving Nigeria’s energy future with sustainable solutions
Oando Group pledges to drive Nigeria’s energy future through sustainable solutions, with major projects like Okpai leading the way.
Oando targets 100,000 barrels of oil per day amid global expansion plans
Irune highlighted the company’s focus on deepening regional investments while working closely with local governments and host communities.
Nigerian mogul Wale Tinubu’s Oando competes for acquisition of $15-billion Petrotrin refinery in Trinidad
Nigerian mogul Wale Tinubu's Oando Plc has been shortlisted as one of three final contenders to acquire Trinidad and Tobago's $15-billion Petrotrin refinery, marking a potential major expansion into the Caribbean energy market
Nigerian oil magnate Wale Tinubu’s Oando announces participation in $3.3-billion facility
Tinubu emphasizes ability to create value as an indigenous partner of choice in Project Gazelle as another win for Oando and Nigeria.
Nigerian oil magnate Wale Tinubu’s Oando resumes trading on Johannesburg Stock Exchange
Oando’s return to JSE is seen as a positive boost for investor confidence and market position under Wale Tinubu’s leadership.
Nigerian oil magnate Wale Tinubu’s Oando posts $51 million in profit in 2023
Oando’s average production for 2023 was 20,837 barrels per day, slightly up from 20,703 barrels per day in 2022.
Nigerian mogul Wale Tinubu’s Oando, others secure $755-million NNPC deal
The contract, part of the Direct Sale and Direct Purchase (DSDP) initiative, was awarded to six oil companies.
Nigerian mogul Wale Tinubu’s Oando secures $800-million deal for strategic oil assets acquisition
This strategic move is set to play a pivotal role in the acquisition of a 20-percent participating interest in the Nigerian Agip Oil Company.