The Securities Exchange Commission (SEC) has removed Wale Tinubu and Omamofe Boyo Boye as Group Chief Executive Office of Oando Plc and Deputy respectively and barred them from being a director in a public company for the next five years. This is coming on the heels of the SEC investigation of Oando Plc following the […]
Oando PLC Managing Director, Wale Tinubu broke down in tears as he pays glowing tribute to his late brother,Deji who passed on while playing football recently.Family members and well-wishers continue to mourn Deji with heart-warming tributes on social media and on tribute site www.ripdejitinubu.com Wale Tinubu,joined by other notable Nigerians like Ibikunle Amosun, Governor of Ogun […]
How the acquisition debt through the ConocoPhilips purchase is seriously handicapping OANDO’s operations As you read, conflict berths at his doorstep and insurmountable odds crest like a rampart astride his world. The oil magnate widely acknowledged as one of Nigeria’s most adept boardroom czars and serial entrepreneurs has waded into a seething gulf. According to […]
Oando Plc, one of the Nigeria’s leading oil and gas companies, has declared a profit after tax (PAT) of N4.6 billion for the half year ended June 30, 2017, as against a loss of N26.9 billion in the corresponding period of 2016. A review of Oando’s financials show that turnover increased by 26 per cent […]