18/7/2016/Oando Plc Oando PLC, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, recently announced a N4.1 billion Q1 profit which buoyed investors and rallied the company’s share price on the Nigerian Stock Exchange (NSE). Oando’s reinvigorated strategy is reliant on key corporate initiatives to drive the […]
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NSE Opens Week Bearish, ASI Dips 0.25% on Weak Investors Appetite
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week lower, as the all-share index (ASI) closed 0.25 percent to 28,733.90 points, while market capitalisation fell by N24.57 billion to N9.86 trillion. “Today’s performance increased the Month-to-Date loss to 2.92 percent and pared the year-to-date gain to […]
Oando Issues Profit Warning on Q2 2016 Result
July 18, 2016/NSE Oando Plc (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, expects to report materially lower earnings for the second quarter of 2016 due to the impact of the Naira devaluation against the US dollar […]
