Wale Tinubu's Oando launches second tranche of 1.28bn share dividend plan
Oando approves over 600 million shares in second tranche of its 1.28 billion share dividend programme for investors
Oando
Wale Tinubu’s Oando grows profit 10 percent as upstream output jumps in 2025
Oando Plc posted a stronger profit in 2025 as rising oil and gas output offset lower revenue from trading shifts and strategic portfolio realignment.
Nigerian oilman Wale Tinubu predicts electric vehicles could make up half of country’s fleet within 20 years
Oando chief Wale Tinubu predicts electric vehicles could reach half of Nigeria’s fleet within 20 years as costs drop.
Nigerian energy mogul Wale Tinubu recounts $9,000 bet that became $300 million
Nigerian energy mogul Wale Tinubu recounts how a $9,000 bet grew into a $300 million gas company over decades.
Nigerian oil mogul Wale Tinubu’s Oando turns to mining with lithium exploration in Kebbi
Wale Tinubu’s Oando Plc is expanding beyond oil, launching Oando Mining to explore lithium in Kebbi and other key minerals for Nigeria’s clean energy future.
Oando links $450 million revenue loss to Aliko Dangote’s $20 billion refinery
Oando blames a $450 million revenue fall on Dangote’s $20 billion refinery as it shifts focus to crude and gas trading.
Nigerian oil mogul Wale Tinubu’s Oando reports $145 million 9-month profit
Oando posts $145 million profit in 9 months as production rises and NAOC acquisition boosts output.
Oando, led by oil mogul Wale Tinubu, faces creditor pressure over unpaid debt
Oando, led by Wale Tinubu, faces pressure as Irad Investment demands payment of long-overdue debts for completed energy projects.
Nigerian oilman Wale Tinubu gets lifetime award at Africa Energy Week as local champions gain spotlight
Oando chief Wale Tinubu was honored with a lifetime achievement award at Africa Energy Week for shaping indigenous energy growth.
Nigerian oil mogul Wale Tinubu leads Oando push to raise $327 million
Oando seeks $327 million via equity and debt as Wale Tinubu steers a capital restructuring to fund growth and ease liabilities.
Afreximbank raises Oando’s loan to $375 million as President’s nephew drives expansion
This is expected to fund Oando’s plans to ramp up production to 100,000 barrels of oil and 1.5 billion cubic feet of gas per day by 2029.
Wale Tinubu’s Oando kicks off 2025 with $601.5 million in first-quarter revenue
Oando kicks off 2025 with a 90.51% profit surge to $70 million, powered by finance income, tax gains, and strong E&P performance.
Wale Tinubu's Oando restates 2024 profit at $139 million
Oando's 2024 profit hit $139 million, up 267%, fueled by the NAOC deal, rising production, and improved upstream performance.
Oando, led by Wale Tinubu, wraps up pipeline repairs after spills
To prevent further incidents, Oando has initiated the sectional replacement of aging pipelines.
Wale Tinubu’s Oando faces sabotage attacks on newly acquired pipelines
Oando Plc, one of Nigeria’s leading oil companies, said three separate incidents were recorded over the past week.
Wale Tinubu's Oando lands $650 million Agip deal backed by AfrexInsure
The agreement strengthens Oando’s presence in Nigeria’s oil and gas sector and deepens its long-standing partnership with Afreximbank.