All posts tagged "Wale Tinubu"

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  Oando Commences Rights Issue, Targets N54.6 billion

  Oando Plc has commenced its rights trading exercise which is geared to raise N54.6 billion in order to fund the company’s expansion into a much larger upstream petroleum company. The company is offering shareholders 2 ordinary shares...

  • Posted December 31, 2012
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  Exile Resources and Oando PLC Announce Proposed Acquisition and Financing – Press Release

  Exile Resources Inc. and Oando PLC (“Oando“) are pleased to announce that they have entered into a term sheet dated July 28, 2011 providing for, subject to the completion of satisfactory due diligence by both parties and other conditions, the acquisition...

  • Posted August 3, 2011
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  Oando investing N75 billion in the development of gas plants in Nigeria

  The Group Managing Director of Oando Plc, Mr. Wale Tinubu, has said the company is investing a whopping $500 million, an equivalent of N75 billion in the development of gas plants in Nigeria to solve the problem...

  • Posted July 28, 2011
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  Oando announced a 25 per cent growth in profit

  Oando Plc has announced a 25 per cent growth in profit after tax in its half year 2011 financial performance. According to the unaudited results for the half year ended, June 30, 2011, presented to the Nigerian Stock...

  • Posted July 27, 2011
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