Tag: Oando

Oando’s assets near $6 billion as Nigerian oil mogul Wale Tinubu drives growth

Oando’s total assets have risen to $5.84 billion as Wale Tinubu expands the company’s upstream oil portfolio.

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Nigerian oil mogul Wale Tinubu’s Oando reports $50.2 million in half-year 2026 profit

Oando reports $50.2M H1 2026 profit as revenue climb above $1.5 billion, driven by higher production, stronger prices, and improved efficiency.

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Oando nears $500 million market cap on rising oil revenue outlook

Oando nears $500 million market cap as rising oil-linked earnings and geopolitical tensions lift investor sentiment in Nigeria.

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After Angola oil win, Nigerian energy mogul Adewale Tinubu plans $750 million drilling campaign

After Angola oil win, Oando plans $750 million drilling campaign targeting 300 percent output growth across West Africa.

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Oando upsizes Afreximbank-led reserve-based loan to $375 million after $139 million profit

Oando secures $375 million Afreximbank-led facility to boost oil production after Agip acquisition.

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