With two losses in the two trading sessions of last week, investors in the Nigerian equities market endured another torrid week as they lost N632.9 billion...
The Federal Government of Nigeria has unveiled plans to revoke all unused oil exploration licenses that have been granted to oil companies in the country but...
Oando Plc has signed a $800m deal with the African Export and Import Bank (AFREXIM) at the ongoing Intra-African Trade Fair in Cairo, Egypt to boost...
This week, Oando, PZ Cussons and Chellarams are the stocks to watch in the Nigerian equity market due to operational and stock market activities. Ripples Nigeria...
The decision of Oando Oil Limited (OOL) to acquire Nigerian Agip Oil Company (NAOC) from Italian oil & gas company, Eni, could result in legal implications,...
The Group Chief Executive, Oando Plc, Wale Tinubu, said the acquisition of Nigerian Agip Oil Company Limited (NAOC Ltd) from ENI shows the importance of local...
Companies operating in the Nigerian oil and gas sector have dominated trading activities in the capital market in the last week as investors mop up oil...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The acquisition of minority shares by Ocean and Oil Development Partners (OODP) and Oando Plc has been delayed by the Federal High Court, Ikoyi, sitting in...
The Lagos State Governor, Babajide Sanwo-Olu, on Sunday evening unveiled electric buses for the state’s mass transit scheme. With this development, Lagos has become the first...
Oando Clean Energy Limited (OCEL) has made an inroad into the transportation business in Lagos State, acquiring and taking delivery of undisclosed number of electric vehicles...
Stocks to watch list this week are Oando, Prestige and First Bank. The companies made the list following operational and stock market activities last week. Ripples...
On the trading floor, a total turnover of 2.071 billion shares exchanged investors’ hands between Monday and Friday last week in 17,917 deals worth N17.562 billion....
These top 10 stories across the nation’s newspapers might interest you. 1. DSS uncovers plot to install interim govt, stop Tinubu’s inauguration as President The Department...
The Chief Executive Officer of Oando Plc, Wale Tinubu, has stated that increase in militant activities and sabotage in Niger Delta dragged hydrocarbon production down in...
These top 10 stories across the nation’s newspapers might interest you. 1. Court directs INEC to grant Obi, Atiku access to inspect election materials Peter Obi,...
Nigerian bourse saw the market capitalisation appreciates by 0.01 per cent to close at N30.33 trillion on Friday, slightly above Thursday’s N30.32 trillion. The sluggish growth...
Hearing of the petition filed by Oando’s minority shareholders led by Venus Construction Company Limited has been delayed following the judge’s absence. The petition was brought...
Access Holdings, Oando and Thomas Wyatt made it into this week’s stocks to watch list due to various reasons, such as board and stock market activities....
Oando Plc has obtained a court order for extension to develop and submit Scheme of Arrangement Document for the purchase of minority stake from shareholders. Oando’s...
The Nigerian National Petroleum Company Limited (NNPCL) has acquired all 380 Oando retail outlets, aviation and gas brands nationwide from OVH Energy. NNPC made this announcement...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Oil marketers have increased the price of Premium Motor Spirit (PMS) against the warning of the Federal Government, as fuel scarcity hits retail station of Nigerian...
The Nigerian capital market resumes for another five days of trading this week, with Caverton, Sterling Bank and oil & gas company, Oando appearing on Ripples...
Wale Tinubu and Italian investor, Gabriele Volpi have agreed to acquire shares of minority investors as they demand to exit Oando after enduring a long dispute...
Lagos State Government in partnership with Oando subsidiary, Oando Clean Energy Limited (OCEL), will roll out electric mass transit buses in the state. The agreement between...
As the stock exchange returned to its five days trading activities calendar this week, after the two-day Eid-ul-Fitr holiday last week, Ripples Nigeria brings you five...
Oando Plc has joined the list of companies delaying the release of its Audited Annual Financial statement, for the period ended December 31, 2019, as the...
Oando has debunked claims that the oil and gas company imported contaminated Premium Motor Spirits (PMS) into Nigeria, against the country’s fuel standard requirements. Nigerian National...
One of the substantial shareholders in Oando Plc, Dahiru Mangal, has sold his stake in the oil and gas company, two years after petitioning Securities and...
Investors at the Nigerian capital market lost N51.03 billion at the close of trading on Monday. This followed a 0.25 percent crash in the market capitalization...
SCOA, MTN Nigeria, Oando and Nigerian Breweries made the list of stocks to watch this week, for various reasons that includes market capital and operational activities....
This week’s stocks to watch list consist mostly of companies in the oil and gas sector, a bank and Transcorp, all of which are expected to...
Oando Plc has agreed to settle the dispute between the company and its aggrieved investors, Alhaji Dahiru Mangal and Ansbury Inc., a major investor in investment...
Every week comes with a new stocks to watch list, and this week consist of Champions Brew, Oando, MTN Nigeria and Airtel Nigeria. Their inclusion is...
The stock market surpassed last week’s investments of 1.930 billion shares valued at N20.656 billion, which was exchanged in 24,687 deals. In a market report for...
Their capital market and off-market activities decisions are expected to have a positive or negative impact on shareholders’ investment during the course of trading. Ripples Nigeria...
The Nigerian stock market reported a boost in investment this week, recording a total turnover of 1.374 billion shares in 22,982 deals worth N11.823 billion. This...
Oando, Cutix, Airtel Nigeria and Total Nigeria made the stocks-to-watch list this week. Their capital market and off-market activities or decisions is expected to have a...
The stock market recorded less investment this week compared to what was traded last week due to a two days Eid el-Kabir break between Tuesday and...
Oando Plc has reached an agreement with the Securities and Exchange Commission (SEC) to drop all charges relating to operational breaches. Oando and SEC have been...
The business community was entertained by confrontation between regulators and companies last week. The companies involved in this faceoff didn’t come out as winners, as shareholders...
The Securities and Exchange Commission (SEC) has reiterated that Oando Plc’s Annual General Meeting (AGM) stands suspended in the latest twist in the long-running battle between...
Securities and Exchange Commission (SEC) has been told it has no authority in non-capital matters as Oando’s director, Yakubu Gumel, obtained a court order nullifying the...
For the second day running, the Nigerian Stock Exchange (NSE) sustained its bullish run on Wednesday as market capitalisation reached N12.924 trillion at the close of business. The...
The Federal High Court sitting in Lagos has adjourned till June 24, hearing in the case between Oando Plc’s Group Chief Executive Officer, Mr Adewale Tinubu,...
The Securities and Exchange Commission (SEC) on Monday announced the suspension of the Tuesday Annual General Meeting (AGM) of Oando Plc. Following the suspension of top...
Two independent non-executive directors of Oando Plc have resigned from the company’s board, TheCable can report. Sena Anthony and Oghogho Akpata have both informed the Nigerian...
The police on Monday laid siege to the headquarters of Oando Plc located on Ozumba Mbadiwe Avenue, Victoria Island, Lagos. Members of staff of the company...
Oando Plc. said it is not affected by the July 6, 2018 ruling of the London Court of International Arbitration ordering the payment of $680 million...
