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1-10 results from 296 for query «oando»

February 3, 2018 6:56 PM Oando chief, Wale Tinubu breaks down in tears during emotional tribute to late brother, Deji [VIDEO]

Oando CEO, Wale Tinubu, has delivered an emotional tribute to his late brother, Deji, who passed on January 25, 2018. Wale, who revealed that he received the news of his late brother, while he was about to catch a flight, broke down in tears as he spoke about Deji, who he described as an “incredible human being” Tinubu, who until his death was who until 41

December 25, 2017 9:25 AM Osinbajo visits filling stations in Lagos [PHOTOS]

As fuel scarcity continues to bite Nigerians hard, Vice President Yemi Osinbajo, last night, made a surprise visit to some filling stations on the Island in Lagos. The Vice President visited Pandora filling station at Elegushi and Heyden Petroleum by Victoria Garden City, VGC. Osinbajo’s first stop was at Oando Petrol Station where he engaged citizens 24

December 24, 2017 6:22 AM Fuel scarcity: NNPC staff cancel Christmas holiday

Staff of the Nigerian National Petroleum Corporation (NNPC), have cancelled their Christmas holiday, in a bid to ensure the lingering fuel scarcity is curtailed. This was revealed by President Muhammadu Buhari’s Personal Assistant on New Media, Bashir Ahmad. Ahmad tweeted on Saturday night: “Had a long conversation with the GMD @NNPCgroup, @DrMKBaru 34

October 31, 2017 10:32 PM Oando declares N383.5bn turnover in Q3 2017, as debt reduces by N18bn

The company also reduced its debt by N18 billion, from N247 billion as at December 2016 to N229 billion. The company’s gross profit increased by 148 per cent to N71.2 billion from N28.6 billion, while profit-after-tax increased by 120 per cent to N7.1 billion from a loss of (N35.8 billion) in Q3 2016. Commenting on the results, Wale Tinubu, Group Chief 90

October 18, 2017 2:15 PM Nigeria’s SEC suspends trading in Oando’s shares

The Securities and Exchange Commission (SEC) has directed the Nigerian Stock Exchange to place the shares of Oando Plc on technical suspension. A statement by the management of the commission on Wednesday said the company would be suspended due to several complaints against it by shareholders in the capital market. Technical suspension is the interruption 29

October 18, 2017 1:48 PM SEC launches forensic audit, suspends trading on Oando shares

Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has launched a forensic audit into the operations and governance of Oando Plc in furtherance of the Commission’s investigation into allegations of corporate governance abuse and improper dealings. SEC has also directed the Nigerian Stock Exchange (NSE) to suspend trading 31

October 9, 2017 1:03 AM Suspend Kachikwu, Baru, Senate panel chair tells Buhari

The Chairman, Senate Committee on Petroleum Resources (Upstream) Senator Tayo Alasoadura, has called on President Muhammadu Buhari to immediately suspend the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and the Group Managing Director, Nigerian National Petroleum Corporation, Dr. Maikanti Baru. Alasoadura specifically stated that Baru’s 29

May 31, 2017 3:10 AM Senate halts concession of P-H refinery to Agip, Oando

ABUJA — The Senate has suspended the planned concession of Port Harcourt refinery to Agip and Oando by the Ministry of Petroleum Resources. It also resolved to constitute a seven-member ad-hoc committee to probe the concession. Members of the committee, which has Senator Abubakar Kyari (APC, Borno North) as Chairman, include Senator Benjamin Uwajumogu 34

May 31, 2017 3:05 AM Corruption: Senate Stops FG’s Concession Of Port-Harcourt Refinery To AGIP, OANDO

The Senate yesterday put on hold the planned concession of the Port-Harcourt Refinery to AGIP and OANDO oil companies by the federal government. The halt, the senate said, is owing to adverse corruption due to the non-transparent transaction relating to the conceding of the refinery by the federal ministry of petroleum resources. An Ad-hoc committee 28

February 21, 2017 3:37 AM Stock Market Gains 0.34% Amid Weak Breadth, Volume Traded |

The Nigerian stock market closed the first trading day of the week, yesterday in the green zone as investors remained cautious amid weak market breadth and volume traded. At the end of the day, the All-Share Index (ASI) gained 84.58 absolute points, representing a growth of 0.34 per cent to close at 25,249.49 points. Similarly, the market capitalisation 17