By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc Tuesday said it hopes to acquire ConocoPhillips Nigerian affiliate Phillips (Brass) Limited (“PBLâ€ÂÂ), which holds ConocoPhillips’ interest in the Brass LNG Project for approximately $105 million plus customary adjustments. According to Oando, it has notified the Nigerian Stock Exchange (NSE) that it has […]
Uncategorized
Oando Refutes Allegation Regarding Ibori
Oando PLC (‘Oando’) reacts as follows: We state categorically that Mr. James Ibori does not own ‘a large part of Oando’ and that this statement is incorrect and misleading. Oando is a publicly traded company listed on the Nigerian and Johannesburg Stock Exchanges and does not and cannot control the […]
Undergraduates, others arrested for stealing N2bn from bank
The Economic and Financial Crimes Commission has arrested two young men who claimed to be undergraduates of the University of Jos, Isaiah Friday and Azzaior Samuel, for an alleged N2.05bn fraud. Two bureau de change operators, Salihu Mahmoud and Dan Ibrahim, were also arrested in connection with the alleged crime. […]
