Browsing Tag
Nigerian agip oil company
2 posts
Oando Plc Surges Back to Profit, Posts ₦74.7 Billion Profit After Tax
Oando Plc, Nigeria’s leading indigenous energy giant, has recorded a remarkable turnaround in its financial performance for the fiscal year ending December 31, 2023, reporting a Profit After Tax (PAT) of ₦74.7 billion.
This shift to profitability is a substantial … Continue Reading
3 November 2024
Oando PLC Completes $783 Million Acquisition of Nigerian Agip Oil Company from Eni
Oando PLC has successfully finalized its acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy conglomerate Eni for a total of $783 million. The completion of this deal, confirmed through an official press release, marks a significant milestone … Continue Reading
22 August 2024