Extension of Acceptance Period for Oando Plc Rights Issue
Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced a 2 week extension for the acceptance period of the N48.8 billion . . .
Oando Energy Resources Announces Completion of The Umugini Pipeline
CALGARY, ALBERTA, DECEMBER 5, 2014 – Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today is pleased to announce the completion of the 45,000bbls/d, 51km Umugini . . .
Oando and GE Sign MOU on Power Generation and Pipeline Projects
Oando Gas & Power (OGP), the leading private sector gas distributor and developer of captive power solutions in Nigeria has signed a Memorandum of Understanding (MOU) with General Electric Nigeria to immediately engage in various initiatives as an indication of . . .
Oando PLC Opens N48.8 Billion Rights Issue Offering
Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today opened its Rights Issue to raise N48.8 Billion through the issuance of 2,217,265,184 . . .
OANDO PLC RIGHTS ISSUE OF 2,217,265,184 ORDINARY SHARES OF 50 KOBO EACH AT N22.00 PER SHARE
Lagos, Nigeria: The offering documents in respect of Oando PLC’s proposed Rights Issue were duly approved and cleared by the Securities & Exchange Commission (“SEC”) ahead of the signing ceremony which held on Thursday, 13 November, 2014. The documents executed . . .
Oando PLC Announces YTD September 2014 Results, Posts N10.7bn Profit-After-Tax
Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the nine months period ended 30 September, 2014, with . . .
Global Business Coalition for Education and Center for Universal Education at the Brookings Institution launches Business for Early Childhood Development Task Force
Following the first in-person meeting in New York during the United Nations General Assembly in late September, the Global Business Coalition for Education (GBC-Education) and the Center for Universal Education at the Brookings Institution launched a Business for Early Childhood . . .
Oando Selects New Environment, Health, Safety, Security (EHSSQ) Software Partner
Lagos, Nigeria, October 10th, 2014 – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group with a cross-border listing on both the Nigerian and Johannesburg Stock Exchange, today announced that EMEX, the worldwide EHSQ and . . .
Oando Foundation Trains 507 Teachers and 11 Master Trainers to Commemorate World Teachers’ Day
In line with its strategy to create a sustainable system that educates and empowers children, the Oando Foundation just completed training for 11 master trainers and over 500 teachers in its adopted schools. A detailed Teacher Development Needs Assessment (TDNA) . . .
RE: PUBLICATIONS RELATING TO THE PURPORTED DIVESTMENT OF OANDO PLC’S DOWNSTREAM ASSETS
Our attention has been drawn to misleading publications in the press which infer that Oando Plc. has divested all of its downstream assets to certain major marketers of petroleum products in Nigeria. In light of the above, we wish to . . .