Oando Reports 45% Revenue Growth In FY 2024 Results
Oando PLC has announced a 45 percent increase in revenue for the Full Year (FY) 2024, reaching ₦4.1 trillion compared to ₦2.9 trillion in FY 2023. The company also posted a nine percent rise in profit after tax, amounting to ₦65.5 billion, despite a challenging operating environment. The company’s strong performance was primarily driven by […]
Read MoreOando Plc Appoints Mr. Ademola Akinrele As Chairman Of Board of Directors
Oando Plc has appointed Mr. Ademola Akinrele as the new Chairman of its Board of Directors, effective immediately after the conclusion of the Annual General Meeting (AGM) held on December 17, 2024. This appointment follows the resignation of His Royal Majesty, Oba Adedotun Gbadebo, who officially stepped down after serving on the Board for over […]
Read MoreOando, NNPCL Strengthen Alliance To Boost Oil, Gas Production
Oando Plc and the Nigerian National Petroleum Corporation Limited (NNPCL) have reaffirmed their commitment to enhancing Nigeria’s oil and gas production, building on Oando’s recent acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni. At a recent high-level meeting led by NNPCL Group Chief Executive Officer (CEO), Mallam Mele Kyari, and […]
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