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.
Wale Tinubu
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.
After selling Nigerian unit to Oando, Eni increases production at Baleine Field in Ivory Coast
The second phase, accelerated from its original late-2024 timeline, now produces 60,000 barrels of oil per day and 70 million standard cubic feet of associated gas daily.
Oando boosts oil production by 50 percent after $783-million Nigerian Agip Oil acquisition
Acquisition of NAOC strengthens Oando’s position as a major player in Nigeria’s energy sector.
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.