Tag: Oando

Nigerian energy tycoon Wale Tinubu warns Africa’s energy gap threatens its 2030 development goals

Nigerian energy tycoon Wale Tinubu warns Africa’s energy gap could threaten its 2030 goals as the continent seeks reliable power and investment.

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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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