Tag: Oando

Oando to Acquire ConocoPhillips Nigerian Affiliate for $105 million

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc Tuesday said it hopes to acquire ConocoPhillips Nigerian affiliate Phillips (Brass) Limited (“PBL”), 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 […]

Governor Ibori hid assets in Nigeria’s Oando – British prosecutor

Jailed former Nigerian oil state governor James Ibori hid some of his assets in the oil firm Oando and money passed from the company’s accounts to Ibori’s Swiss accounts, a British prosecutor told a court on Monday. Ibori, who governed Delta State from 1999 to 2007 and influenced national politics, […]

Market Making Stocks hits 39 as Dangote Cement, Oando, Transcorp Joins

By InvestAdvocate Lagos (INVESTADVOCATE)-List of Market Making Stocks on the Nigerian Stock Exchange (NSE) Thursday hit 39 as Dangote Cement Plc (DANGCEM) and Oando Plc and Transnational Corporation of Nigeria Plc (Transcorp) joins. This is contained in a Press Release by Wole Tokede, Head, Media Relations of the Nigeria’s Exchange […]