Oando

Oando acquires Nigerian Agip Oil Company for $738m

Oando Plc has completed its acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant, Eni, for a total consideration of...

NNPCL retail made N18.4bn profit in Q1 of 2023 from OVH Energy acquisition – Mele Kyari

NNPC Retail has made N18.4 billion in the first quarter of 2023 after acquiring OVH Energy, the Group Chief Executive Officer of the...

NNPC Ltd not against sale of shares of Agip Oil to Oando — Muhammad

The Nigerian National Petroleum Company Ltd (NNPCL) says it is not opposed to the sale of the Nigerian Agip Oil Company Limited (NAOC)...

Exposed: Adulterated petrol: Oando, MRS, others imported commodity, not NNPC, says Kyari

    NNPC threatens sanctions against the erring companies As the nation grapples with contaminated petrol which has resulted in scarcity in virtually...

NNPC, Upstream operators, announce N11bn intervention to combat COVID-19

  An intervention fund of N11 billion ($30 million) has been announced by the Nigerian National Petroleum Corporation (NNPC) and 31 players in...

INDICTMENT: SEC Concludes Oando Investigation – Bars Wale Tinubu for Five Years

The Securities and Exchange Commission, SEC, has concluded investigation of Oando Plc and directed among others the resignation of the affected Board members,...

EFCC Recovers Over N328 Billion from Oando, Forte Oil, MRS, And Others

[dropcap]T[/dropcap]he Economic and Financial Crimes Commission (EFCC), has recovered a total sum of N328, 988,296,990.62 from nine major oil marketers across the country....