oando
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Nigeria NUPRC Addresses Concerns Over Oando Acquisition
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that the Oando-NAOC divestment followed the Petroleum Industry Act. NUPRC addressed concerns regarding transparency, emphasizing that both the Oando acquisition and the Equinor-Chappal transaction complied with established...- Nigeria News
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Nigeria NNPC Ltd Denies Atiku's Claims of Tinubu's OVH Acquisition Involvement
NNPC Ltd refutes allegations by former Vice President Atiku Abubakar that President Bola Tinubu is involved in the acquisition of NNPC Retail by OVH. The company emphasizes its commitment to commercial interests, asserting that Oando, linked to Wale Tinubu, had divested its stake before the...- Nigeria News
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- atiku abubakar bola tinubu nnpc oando ovh acquisition wale tinubu
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Nigeria Oando Completes $783M Purchase of Nigerian Agip Oil Company from Eni
Oando Plc has acquired the Nigerian Agip Oil Company from Eni for $783 million, doubling its stake in key oil blocks and increasing its total reserves to over one billion barrels. This strategic move strengthens Oando's position in Nigeria's oil and gas sector and boosts its revenue potential...- Nigeria News
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- $783 million acquisition eni nigerian agip oil company nigerian oil and gas oando oml 60
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Business NNPC Ltd Acquires 380 Oando Stations, Other Assets Nationwide - Daily Trust
https://dailytrust.com/just-in-nnpc-ltd-acquires-380-oando-stations-other-assets-nationwide- Nigeria News
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Business Reasons Oando shareholders maintain SEC must go on with forensic audit – Nairametrics
Wale Tinubu, Group Chief Executive Officer, Oando Plc Hopes of a resolution of the boardroom tussle in Oando Plc may be yet awhile, as aggrieved shareholders of oil giant, Oando Plc have maintained that a forensic audit by the Securities and Exchange Commission (SEC) must go on. The shareholders...- curator
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Business Sanusi settles Oando dispute as firm considers appointment of Mangal representative on...
Effort to address the crises of confidence between the Securities and Exchange Commission (SEC) and Oando Plc heightened yesterday, as the Emir of Kano, Emir Muhammadu Sanusi II, waded into the crises between Oando and Alhaji Dahiru Mangal. Consequently, the oil giant in … via The Guardian...- curator
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Why SEC is yet to start Oando forensic audit – Premium Times Nigeria
The delay in the forensic audit of Nigerian oil and gas firm, Oando plc, by the Securities and Exchange Commission, SEC, is caused by ‘payment to auditors and other logistic concerns’, PREMIUM TIMES has learnt. A top official at SEC told PREMIUM TIMES on Tuesday that the regulatory body was...- naija questions
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Oando’s Strategic Initiatives Pays Off; Declares N4.6 Billion PAT in H1, 2017
The Nigerian oil and gas sector is gradually recovering from the upheaval of low oil prices; this is due in part to the exemption of Nigeria from the global oil production cut by the Organization of the Petroleum Exporting Countries (OPEC) as well as containment of the Niger Delta unrest which...- mrsam
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Business Senate Affirms PPPs For Refineries’ Reformation
The Honourable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, Wale Tinubu, Group Chief Executive Officer of Oando PLC, Massimo Insula, Managing Director Nigerian Agip Oil Company, and Aniebor Kraghas, Chief Operating Officer, Nigerian National Petroleum Company (NNPC)...- mrsam
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Business 6 Companies Indicted For Subsidy Fraud Licenced to Lift Crude Oil in 2017 [LIST]
Under President Muhammadu Buhari, at least 6 companies indicted and some facing criminal charges for fuel subsidy fraud, have been licenced to lift crude oil. READ: The 21 Firms Approved by NNPC to Lift Crude oil From Nigeria Based on a list compiled by PREMIUM TIMES, the 6 companies...- abujagirl
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Business Naira Devaluation: Oando Reports $261m Loss in 2016 Q2
Oando Plc, expects materially lower earnings for the second quarter of 2016 due to the impact of Naira devaluation against the US dollar by the Central Bank of Nigeria (CBN), the company announced yesterday. Oando in a filing with the Nigerian Stock Exchange (NSE) said the impact of the Naira...- ProfRem
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