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

Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Afreximbank raises $527mn in Japan as investor demand surges
Read More »
A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania faces funding freeze fears amid election backlash and ICC pressure
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights