Oando

ISMAILA MUSA  Gains posted by the banking sectors Thursday hedged losses recorded in other sectors to close the NSE-ASI positive for the second time in the week. The Nigerian equities market closed positive Thursday as NSE-ASI…

The Nigerian equities market midweek closed up, as the NSE-ASI gaining 1.09 per cent to close at 22,789.64pts. Similarly, in midweek’s trade, market breadth index was positive with 19 gainers against 14 losers. Gains by MTN Nigeria,…

The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus. The extraordinary two-day meeting will see OPEC, led by…

ISMAIL MUSA  in the absence of huge loss by highly capitalised equities on Thursday, gains posted by BuaCement, CILeasing, and UACP lifted market into the green zone . Equities market value which commenced the week in red , running…

The hopes for Oando Plc ending the 2019 operations at a profit rest fully on how much tax credit may be in its coffers by December 31. The flow of costs and incomes ended with a pre-tax loss of over N9 billion at the end of the third…

UMORU ABDULKADIR Oando Plc Friday signed two agreements (GSA) with the Nigeria Liquefied Natural Gas Ltd (NLNG), for the renewal of gas supply for the existing Trains 1-3 for a term of 10 years and for gas supply for the impending Train…

UMORU ABDULKADIR Transactions on the Nigerian Stock Exchange (NSE) reverses Friday following sell pressure on some blue-chip stocks leading to N16 billion depreciation in market capitalization Precisely, the All-Share Index dipped…

OVH Energy Marketing Ltd. has retrenched about 100 of its workforce in order to overcome the problem of salaries payment due to the ongoing challenges in the downstream oil sector. A top official of the company, who pleaded anonymity,…

By CHUKWUMAH KELECHUKWU. “You’re making a terrible mistake if you stay out of a game that you think is going to be very good over time because you think you can pick a better time to enter it,” says Buffet. When Warren Buffet offered…

The Lagos Division of the Federal High Court has restrained the Securities and Exchange Commission (SEC) from removing Wale Tinibu and Omamofe Boyo as Oando Plc’s Group Chief Executive Officer (GCEO) and Deputy Group Chief Executive Officer…