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Ogun State Governor, Prince Dapo Abiodun, has said that his administration was considering putting in place Health Insurance Scheme that would enable the people access affordable and quality healthcare services in the State.
Oando Plc, an indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange has announced unaudited results for the nine months period ended September 30, 2019,(Q3’19) recoding Profit After Tax , PAT of N13.1 billion, an increase of 26 percent compared to N10.4 billion in the same period in 2018 (Q3’18).
Ecobank Transnational Incorporated, the Lome-based parent company of Ecobank Group, has announced the appointment of a new Chief Financial Officer (CFO).
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 six months period ended June 30, 2019.
The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.
If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.
The Federal High Court in Lagos has granted the Group Chief Executive, Oando, Wale Tinubu and his deputy, Omamofe Boyo, an injunction restraining the SEC from executing the sanctions in the letter to Oando dated the 31st of May, 2019.
The year 2019 continues to favor Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the first quarter of 2019 (Q1
Oando PLC has announced that it has divested its residual 25% interest in Axxela Limited, held through Glover Gas & Power B.V., to Helios Investment Partners, a leading private equity firm with a focus on investments in Africa.
Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018.
Nigeria alongside other United Nations (UN) member states marked the first-ever International Day of Education on January 24 in celebration of the role of education for peace and development
The founder of the FCMB Group, Otunba Olasubomi Balogun, has described education as one of the critical drivers of development of any society.
The United Nations has partnered with leading Nigerian companies in the banking, energy, legal and consumer services sectors to assist the federal government to tackle the humanitarian crisis in the north-east.
Speaking on the company’s financials, Adewale Tinubu said; “Today’s positive result is further evidence of the progress made by Oando in 2018 driven by our continued focus on execution and operational efficiency, supported by buoyant commodity prices.”
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Former Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has commended the people of Bayelsa State for changing their destiny by voting the All Progressives Congress (APC) in the Saturday election.
YIAGA AFRICA, a civil society organisation (CSO), says there are indications that the results of the Bayelsa state gubernatorial election were manipulated.
Manchester United’s failure to qualify for the Champions League is beginning to erode the club’s finances, but increased commercial income helped the English giants post revenues of £135.4 million ($174 million) for the first quarter of the 2019-2020 season on Monday.
Justice Bolanle Okikiolu-Ighile of the Lagos High Court, Igbosere on Monday, November 18, granted the application of a Dane, Peter Nielsen, accused of killing his wife and daughter, to revisit the scene of the crime which was sealed off after the incident last year.
Cost of used and new imported vehicles is set to drop if the Ministry of Finance approves the proposal of the Nigeria Customs Service (NCS) which recommended a reduction of the levy from 35% to 5 or 10%.
Ex-Chelsea midfielder John Obi Mikel has labelled "incredible" Real Madrid winger Eden Hazard the laziest of all his former team-mates.
Deputy Senate President, Senator Ovie Omo-Agege, has described the All Progressives Congress (APC), victory in Bayelsa State as an assurance that more South-South states will be won by the party in future elections.
Director General, National Council for Arts and Culture (NCAC), Chief Olusegun Runsewe, on Friday said no fewer than 30 countries would participate in the International Arts and Crafts Expo slated to hold in Abuja.
President of the Senate, Ahmad Lawan, has said amendment to the Public Procurement Act 2007 by the National Assembly will guarantee successful implementation of the 2020 budget.
Italy was poised to declare a state of emergency for Venice Thursday after an exceptional tide surged through churches, shops and homes, causing millions of euros worth of damage to the UNESCO city.