Oando
Tracked across 10 events · 92 articles · First seen Feb 02, 2026 · Last active Aug 17, 2026
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Business
Impact: Oando reported a 10% increase in profit after tax to N241.3 billion in 2025, driven by a 32% increase in upstream production and strategic shifts in its trading business. The company also launched a 36-well development program to boost future production.
Feb 02, 2026 · 6 articles
Business
Impact: Oando reported a N204.8 billion profit, a 32% production increase, and strong cash generation, marking a successful transition from acquisition to operational execution. The company's improved financial flexibility and ambitious 2026 guidance position it for continued growth.
Jul 06, 2026 · 9 articles
Business
Oando Plc released its unaudited results for the first half of 2026, reporting a 20% increase in revenue to N2.1 trillion, profit after tax up 8% to N68.6 billion, and gross profit surging 331% to…
Impact: Oando is the central entity, reporting strong financial and operational results. The company's revenue, profit, and production all increased, and it is executing growth initiatives including drilling and capital raising.
Aug 04, 2026 · 6 articles
Business
Impact: Oando, as joint venture partner, co-inaugurated the trust, reinforcing its commitment to host communities and regulatory compliance.
Jul 06, 2026 · 6 articles
Regulatory
The Nigeria — Economic and Financial Crimes Commission (EFCC) has recovered over N115 billion in outstanding statutory levies owed to the Nigeria — Niger Delta Development Commission (NDDC) by oil companies, following an investigation triggered…
Impact: Oando Oil Limited was summoned to appear before the Senate committee regarding outstanding queries.
Jul 20, 2026 · 20 articles
Business
The Industry Newspaper, a Nigerian publication focused on brands and business, announced its 2026 edition of the Top 50 Nigerian Companies of Impact. The annual ranking, now in its fourth year, recognizes organizations that have…
Impact: Recognized for investing in energy infrastructure, supporting national energy goals.
Jul 23, 2026 · 6 articles
Business
Impact: Ayotola O. Jagun, an Executive Director at Oando, is part of the conference's planning committee, indicating Oando's involvement in sustainability discussions.
Jun 08, 2026 · 6 articles
International
Nigeria has formally rejoined the World Energy Council (WEC) as its newest National Member Committee, with the inauguration of WEC Nigeria and a new Governing Board. The board is chaired by Abdulrazaq Isa, co-founder and…
Impact: Oando is represented on the WEC Nigeria board by Ainojie Irune, Executive Director. The company may benefit from increased networking and policy influence in the energy sector.
Aug 06, 2026 · 20 articles
Domestic
Impact: Oando is cited by Atiku Abubakar as an example of a successful privatization under his tenure, demonstrating the positive outcomes of his economic reforms.
Apr 17, 2026 · 7 articles
Domestic
Impact: Rabiu Abdullahi Umar previously held senior leadership roles at Oando, contributing to his extensive experience in the downstream petroleum sector.
May 07, 2026 · 6 articles
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Oando increased profit after taxOando H1 2026 results show...
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Oando generated cash from operationsOando H1 2026 results show...
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Oando reduced operating costsOando H1 2026 results show...
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Oando drilled wellsOando H1 2026 results show...
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Oando executed PSC AngolaOando H1 2026 results show...
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Oando restored shut-in wellsOando H1 2026 results show...
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Oando commenced gas supply Nigeria — Bayelsa StateOando H1 2026 results show...
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Oando announced capital raisingOando H1 2026 results show...
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Oando increased productionOando H1 2026 results show...
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Oando increased trading volumesOando H1 2026 results show...
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Oando invested in energy infrastructureIndustry Newspaper Top 50...
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