Oando Plc has successfully raised N30.7bn to complete the acquisition of ConocoPhillips’ Nigerian assets and meet other obligations. The energy firm, which is listed on both the Nigerian and Johannesburg Stock Exchange, had announced its plans to raise the funds through a special placement exercise last week. In a statement […]
Tag: N30.7 billion
Oando to raise N30.7bn via special placement
Oando Plc says it plans to raise N30.7bn through a special placement exercise. The energy company, which is listed on the Nigerian Stock Exchange and the Johannesburg Stock Exchange, said this in a statement made available to our correspondent on Tuesday. According to the statement, the company got the approval […]