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.
Oando
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.
Wale Tinubu’s Oando partners with U.S. firm to boost renewable power in Nigeria
Wale Tinubu, a top figure in the Nigerian energy sector, owns an indirect stake in Oando Plc through his 66.67 percent stake in OODP.
Nigerian oil tycoon Omamofe Boyo’s stake in Oando declines by $17.5 million
Boyo’s stake in Oando is held through his 33.33-percent position in Ocean and Oil Development Partners.
Nigerian oil billionaire Wale Tinubu loses $29 million from investment in Oando
Tinubu’s stake in Oando is held indirectly through his ownership of 66.67 percent of Ocean and Oil Development Partners (OODP).
Nigerian oil tycoon Omamofe Boyo could go on trial in Milan over alleged fraudulent tanker deal
Boyo is the deputy CEO of Oando Plc and owns an indirect 19.1-percent stake in the company.
Nigerian energy tycoon Wale Tinubu gains $40 million from Oando stake
Tinubu, a towering figure in the Nigerian energy industry, who owns 66.67 percent of Ocean and Oil Development Partners (OODP), has an indirect stake in Oando.
Nigerian oil tycoon Wale Tinubu’s Oando to acquire Italian-owned NAOC
Tinubu emphasized that this announcement underscores the indispensable role played by indigenous companies in Nigeria’s upstream sector.
Nigerian oil tycoon Wale Tinubu makes bold move: Investment firm launches bid to take Oando private
In November 2005, Oando shares were listed on the JSE.
Nigerian oil tycoon Adewale Tinubu’s Oando rebounds from losses, profit soars above $75 million
Oando is a Nigerian integrated energy solutions provider.
Nigerian oil tycoon Adewale Tinubu’s Oando suffers $320 million in losses in 2020
Tinubu stated that 2020 was one of the most challenging years in the firm’s history.
Nigerian businessman Dahiru Mangal sells stake in Oando Plc in $24.1-million deal
Oando Plc is a Nigeria-based integrated energy solutions provider with diversified operations.
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