Oando Plc

Type: Company
Name: Oando Plc
First reported 23 mins ago - Updated 23 mins ago - 2 reports

Oando transforms with Nigerian oil deal

Deal will mark move fromleading Nigerian fuel importer into a major local oil producer, as international oil groups focus on offshore operations ... [Published FT.com - Africa - 23 mins ago]
Entities: Oando Plc
First reported Jul 28 2014 - Updated Jul 29 2014 - 3 reports

Transcorp, GTB among most traded equities

Transnational Corporation of Nigeria Plc, Guaranty Trust Bank Plc and Oando Plc were the most traded stocks on the Nigerian Stock Exchange last week, according to data obtained from the Exchange.The three equities had accounted for 583.298 million shares ... [Published Nigeria Punch - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Five Days of Losses Send Stock Market Southwards

For the first time this year, the Nigerian equities market recorded five straight days of losses following weak sentiments fuelled by analysts' prediction of a flat or single digit growth for some banksFor the first time in recent times, the Nigerian ... [Published AllAfrica.com - Jul 28 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Using carrots and sticks in the fight against corruption

I n 2008, the US Securities and Exchange Commission charged Siemens AG for engaging in Worldwide Bribery.  Siemens paid just under $2bn to the US Department of Justice to settle the matter as against the $1.1bn it allegedly made in profits through corrupt ... [Published Business Day Nigeria - Jul 28 2014]
First reported Jul 26 2014 - Updated Jul 26 2014 - 1 reports

I Don’t Care Anymore What People Say About Me

Kunle AfolayanHis house rocked with 10 wives and 25 children. Not his –his father’s, Ade Love. He was confined to the village, along with his siblings  probably to harvest cassava and cocoyam while his parents lived life to the fullest like troubadours. ... [Published This Day Online - Jul 26 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 2 reports

NSE index sheds 0.28% as equities’ slide deepens

Trading floor, Nigerian Stock ExchangeThe equities segment of the Nigerian Stock Exchange closed on a negative note for the third straight day this week, with major indicators edging lower.For instance, the NSE All Share Index fell by 0.28 per cent or ... [Published Nigeria Punch - Jul 24 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Fuel marketers threaten to halt Nigeria gasoline imports over unpaid subsidy

Nigerian oil products marketers said Wednesday they may halt furthergasoline imports into the country because they are owed subsidies totallingNaira 190 billion ($1.2 billion) from first and second quarters imports.The marketers, under the umbrella body ... [Published Platts - Jul 23 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Jonathan May Not Succeed In 2015... Cleric

A Pentecostal cleric, Bishop Emeka Nwankpa has said that President Gooodluck Ebele Jonathan may not make it in 2015 following the state of  the Nigerian nation, especially on insecurity and charged Nigerians irrespective of tribe and religion to pray ... [Published Daily Times Nigeria - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

All Share Index down by 0.25 per cent on the Exchange

THE Nigerian Stock Exchange[NSE] All Share Index[ASI] slipped 0.25 per cent to close at 42,784.30 points yesterday, depressed by the banking (0.49 per cent) and the insurance sector (1.37 per cent).The oil and gas sector gained 0.25 per cent, followed ... [Published The Guardian Nigeria - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Deal snapshot: OANDO, CONOCOPHILLIPS SAY MORE TIME NEEDED TO SECURE NIGERIAN APPROVAL FOR DEAL

(M&A Navigator via COMTEX News Network) -- Oando Energy Resources Inc (CVE:ERI), or OER, said it had extended to 30 June from 30 April the deadline for its planned deal to buy US oil major ConocoPhillips' (NYSE:COP) Nigerian business, to allow more time ... [Published PredictWallStreet - Jul 22 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 6 reports

Oando Energy Resources completes acquisition of Medal Oil

9:30pm BST Oando Energy Resources Inc:Completes the acquisition of Medal Oil Company Limited.Purchase price of $5,000,000 was satisfied by the issuance of 3,491,082 units. ... [Published Reuters UK - Jul 11 2014]
Entities: Oando Plc, Acquisition
First reported Jul 10 2014 - Updated Jul 11 2014 - 6 reports

Oando converts $218.9m loan to Canadian unit to equity

Integrated energy giant- Oando Plc has converted a $218.9 million loan to its exploration and production subsidiary- Oando Energy Resources, listed on the Toronto Stock Exchange to equity.The debt, which is part of a $1.2 billion facility approved for ... [Published Nigeria Daily Independent - Jul 11 2014]

Quotes

"Marketers may be forced to stop importation if the necessary payments"
...Everything focused on "Basic Education for All - A FocusFocus on Girl-child Education" as the theme for the programme
"The Nigerian downstream sector was dominated by majors like Texaco, Agip, and Mobil some years ago" Ariweriokuma says
...a period of 24 months from the date on which the Company closes the acquisition of the Nigerian upstream oil and gas business of ConocoPhillips ( "CoP Aquisition'). Medal Oil holds a 5% interest in OML 131. Upon completion of the CoP Acquisition, OER will own a 100% interest in OML 131."

More Content

All (191) | News (170) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (2) | Press Releases (13)
sort by: Date | Relevance
Oando transforms with Nigerian oil deal [Published FT.com - Africa - 23 mins ago]
Oando transforms with Nigerian oil deal [Published FT.com - Energy - 23 mins ago]
Transcorp, GTB among most traded equities [Published Nigeria Punch - Jul 29 2014]
Five Days of Losses Send Stock Market Southwards [Published AllAfrica.com - Jul 28 2014]
Share Index, market capitalization drop 1.41per... [Published National Daily - Jul 28 2014]
Using carrots and sticks in the fight against c... [Published Business Day Nigeria - Jul 28 2014]
Exchange’s turnover inches up by N19.9 billion [Published The Guardian Nigeria - Jul 28 2014]
Five Days of Losses Send Stock Market Southwards [Published This Day Online - Jul 28 2014]
I Don’t Care Anymore What People Say About Me [Published This Day Online - Jul 26 2014]
Colloquium tasks govt, citizens on girl-child e... [Published The Guardian Nigeria - Jul 24 2014]
NSE index sheds 0.28% as equities’ slide deepens [Published Nigeria Punch - Jul 24 2014]
Profit Taking: NSE Indices Dip By 0.28% [Published Leadership - Jul 24 2014]
Absence of new partner stalls Brass LNG’s FID [Published Nigeria Punch - Jul 24 2014]
Meristem Investment Guide:  Equities return 0.14% [Published Business Day Nigeria - Jul 24 2014]
Fuel marketers threaten to halt Nigeria gasolin... [Published Platts - Jul 23 2014]
Jonathan May Not Succeed In 2015... Cleric [Published Daily Times Nigeria - Jul 22 2014]
Deal snapshot: OANDO, CONOCOPHILLIPS SAY MORE T... [Published PredictWallStreet - Jul 22 2014]
All Share Index down by 0.25 per cent on the Ex... [Published The Guardian Nigeria - Jul 22 2014]
NSE ASI Depreciates by -0.06%, as turnover Adva... [Published Business World Intelligence - Jul 21 2014]
Sixty-Nine Companies Beat The SERA Awards 2014... [Published Business World Intelligence - Jul 21 2014]
At the October 1 screening [Published Nigeria Daily Independent - Jul 19 2014]
Nigeria: For Girls' Sake [Published AllAfrica.com - Jul 18 2014]
NSE market capitalisation dips by N37 billion i... [Published News24 - Jul 18 2014]
NSE Index Drops By 0.26% [Published Leadership - Jul 18 2014]
Capitalisation declines by 0.26% As investors s... [Published Nigerian Tribune - Jul 18 2014]
Profit takers return as NSE Index slips 0.26% [Published Nigeria Daily Independent - Jul 18 2014]
Investors stake N3.06bn on 317.158m shares at NSE [Published News24 - Jul 17 2014]
For Girls’ Sake [Published This Day Online - Jul 17 2014]
Equities market halts bullish run [Published Business Day Nigeria - Jul 17 2014]
NSE index rises by 0.14% [Published Nigeria Punch - Jul 17 2014]
1 2 3 4 5 6 7
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Oando Energy Resources Completes Acquisition of... [Published PR Newswire: Financial Services - Jul 11 2014]
CALGARY, Alberta, July 11, 2014 /PRNewswire/ --Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that it has completed the acquisition ...
Oando Energy Resources Reduces Debt Through Con... [Published PR Newswire: Energy - Jul 10 2014]
CALGARY, Alberta, July 10, 2014 /PRNewswire/ --Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, is pleased to announce the conversion to equity of ...
Oando Energy Resources Targets End July for Fin... [Published PR Newswire: Financial Services - Jun 30 2014]
CALGARY, Alberta, June 30, 2014 /PRNewswire/ --Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that the Company and ConocoPhillips ...
Oando Energy Resources Announces Re-election of... [Published PR Newswire: Financial Services - Jun 20 2014]
CALGARY, Alberta, June 20, 2014 /PRNewswire/ --Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced the results of the vote on the election ...
Behind Oando Energy’s rise to $940-million from... [Published Financial Post - Top Stories - Jun 19 2014]
A case study in the benefits of perseverance. That’s the appropriate term to describe the path taken by Oando Energy Resources over the past eight plus years. Consider how it started: Through Exile Resources in late 2005 it raised $2-million in an initial ...
1 2

Press Releases

sort by: Date | Relevance
Oando Energy Announces Nigerian Government Appr... [Published Financial Services - Jun 18 2014]
Oando Energy Resources Executes Extension of Av... [Published Financial Services - Jun 09 2014]
Oando Energy Resources announces first quarter ... [Published Financial Services - May 16 2014]
Oando Energy Resources Extends Completion Date ... [Published Financial Services - Apr 30 2014]
Oando Energy Resources increases deposit for ac... [Published Financial Services - Apr 18 2014]
1 2 3
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.