Oando

As part of measures adopted to alleviate the severe impact of the removal of subsidy on petrol, Federal Government of Nigeria has signed a Memorandum of Understanding with Oando Clean Energy Limited to boost the deployment of sustainable renewable energy access across the country. The Rural Electrification Agency (REA), has said that it will continue to play […]

The long awaited financial reports of Oando Plc have started hitting the market as the Company published its full year reports for 2020 and 2021 financial year. The Oil Company reported a turnover of N722.5 billion for 2021 year end, up by 51% compared to N477.1 billion reported in 2020 Financial Year. Profit after Tax of N34.7[…]