Tags: Oando PLC

Oando was not a party to the arbitration and not in any way indebted to Ansbury Investments Inc

Oando PLC has reacted to media reports through mr Ayotola Jagun, Chief Compliance Officer & Company Secretary of Oando that the London Court of International Arbitration (LCIA) ordered it or to its Group Chief Executive, Wale Tinubu to pay $680 million to Gabriel Volpi, following an investment dispute between Whitmore Asset Management Limited, jointly owned…

Oando Controversy: Adeosun tells Dr Zubair SEC Acting Director-General you fumble, to go 

The iron lady of our time, Nigeria’s Finance Minister, Mrs. Kemi Adeosun has demoted the Acting Director-General of the Security and Exchange Commission (SEC), Dr. Abdul Zubair whom she appointed before, for not perform enough over the controversies surrounding shares of Oando Plc on the floor of the Nigerian Stock Exchange (NSE). Amehnews recalls that…

Oando PLC Completes $115.8 M Gas and Power Partial Divestment to Helios Investment Partners

Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced the completion of a partial divestment of 49% of the voting rights in Oando’s midstream business subsidiary, Oando Gas and Power Limited (“OGP”), to Glover Gas & Power B.V., a…