Search

Oando Shares Surge Following Strategic Acquisitions

Allen dreyfus Logo
© Allen Dreyfus
  • 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.

Recent Business

Cocoa farmer on the field. Photo by Charles William Adofo @ Unsplash
Ghana’s cocoa bond gamble: can Africa finance commodities without foreign banks?
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s startup gamble challenges Africa’s private-sector innovation orthodoxy
Read More »
Kenya president William Ruto and Ghanaian leader John Mahama at the summit. Photo @John Mahama/Facebook
Why Africa pays more to borrow despite lower infrastructure default rates
Read More »

Recent Politics

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »
French President Emmanuel Macron and Prime Minister Abiy Ahmed in Ethiopia. Photo @ Abiy Ahmed/X
Macron’s Ethiopia pivot deepens Horn tensions as Addis pushes controversial Red Sea ambitions
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »

Latest Posts

Latest news insights