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Oando Shares Surge Following Strategic Acquisitions

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Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • Stock price up 251.9% year-to-date, driven by recent acquisitions and revenue growth
  • Oando’s expansion in the upstream sector boosts investor confidence

Lagos, Nigeria – Shares of Oando Plc, a Nigerian multinational oil company with operations across the upstream, midstream, and downstream sectors, continued their upward trajectory on Thursday, reaching the daily maximum allowable percentage increase for the second consecutive day.

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