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Oando female engineers champion mentorship in celebration of International Day of Women in Science

Lolade Shebanjo, Project Planning & Controls Engineer, Oando said; “I felt fortunate to be surrounded by future female scientists. I was reminded of the fact that when you wear a helmet, it doesn’t matter if you are a woman or a man; your mission is to keep achieving.”
Wale Tinubu

Wale Tinubu donates books to universities across Nigeria in honour of International Day of...

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
Nigerian Stock Exchange NSE

All-Share Index sheds 0.21% as market opens on bearish note

Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
United Nations UN

UN tasks private sector on humanitarian crises in North-East

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.
Femi Hamzat Jide Sanwoolu

Lagos APC announces Femi Hamzat as Jide Sanwo-Olu’s running mate

The All Progressives Congress, APC, Lagos State chapter has announced former Commissioner for Works and Infrastructure in the state, Dr Kadri Hamzat, as the running mate to its governorship candidate, Mr Babajide Sanwo-Olu.

Oando’s turnover surges, posts 32% increase of N505 billion in Q3 2018

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.”

Oando posts N10.4 billion profit after tax

Oando Plc has posted an impressive results for the nine months period ended September 2018, with a profit of N10.4 billion, representing a 46 per cent increase, compared with N7.1 billion it recorded in same period of 2017.

Oando shareholders reinforce confidence in management at 41st general meeting

Oando recorded another victory with the successful conclusion of its 41ST Annual General Meeting (AGM) which held on Friday, July 27 at the Eko Hotel and Suites, Lagos. On the eve of the AGM, Thursday, July 26, the company published its H1 2018 results recording N8.5 billion profit-after-tax.

Oando records N8.5 billion PAT in H1 2018

Oando continues to defy skeptics as the company recorded N8.5 billion profit-after-tax (PAT) in its half-year ended June 30, 2018 (H1 2018) results. The impressive result comes in the wake of increase in the price of oil and gas commodities.

Equities market opens week bullish on bargain hunting

The Nigerian equities market opened the week on a positive note as the Nigerian Stock Exchange (NSE) All Share Index rose by 0.30 per cent to 36,711.96. This was just as bargain hunting entered its second day.

Over 5,000 lives touched by Oando, JV partners clean water scheme in Agbere

The laudable water scheme will drastically reduce deadly water-borne diseases in the community such as typhoid fever, cholera, diarrhea, dysentery, hepatitis A to name a few.
Nigeria Stock Exchange

Equities market declines further on sustained bearish trading

The equities market remained bearish as the new week commenced yesterday with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) declined 0.34 per cent to 37,266.86.

Oando: We are not a party to London arbitration

Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million

Oando: We do not owe Ansbury any money

The dispute between Gabrielle Volpi and the principals of Oando has been ongoing for over a year and has been a cause of concern for companies and individuals alike who look for investments to grow their business via individuals in the form of equity or debt.
Gabriele Volpi

Arbitration court orders Gabriele Volpi to pay self $360m of $600m owed by OODP...

The principals have chosen to speak as there were concerns that Volpi’s press release implied that they, Whitmore Limited, had a total indebtedness of $680 million.

Oando champions Ozumba Mbadiwe waterway cleanup

In commemoration of the 2018 World Environment Day themed ‘Beat Plastic Pollution’, Oando PLC championed a clean-up exercise of the Ozumba Mbadiwe water way. World Environment Day is an initiative by the United Nations (UN) to encourage worldwide awareness and action to protect of the environment.

Profit-taking pushes NSE ASI down by 0.84 percent

For traders at the Nigerian Stock Exchange, the third business week in May kicked off recently with more profit-taking by investors, hence leading to a 0.84 per cent or 344.7 basis points in the All Share Index (ASI) which close at 40,677.61 points.

Shareholders ask Oando to resolve conflict with Ansbury

Some shareholders of Oando Plc have asked the company to settle its Ansbury Investments Incorporated.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Governor Sule: Mobile Police training school will enhance security in Nasarawa

Gov. Abdullahi Sule of Nasarawa says the Mobile Police Training School being built in the state would enhance security when completed.
Managing Director of Aero Contractors, Captain Ado Sanusi, yesterday faulted the claims that the disputed Bombardier Dash 8 Q300 jets were stolen at the Lagos airport.

332 Nigerian nationals arrive Lagos from London

Three hundred and thirty two (332) evacuees arrived Murtala Mohammed Airport, Lagos, from London at 7:40 p.m local time via Air Peace flight No. P47854 on Saturday.
Vice President Yemi Osinbajo

VP Osinbajo: Nigeria’s elites influence appointment of judges, damaging judiciary

He disclosed that the major reason for such interest is to get favour, warning that “if we leave it to the system that is going on at the moment; we are clearly headed in the wrong direction because interest whether private, political or group influences how judges are appointed.”
Chad's President Idriss Deby attends the 33rd Ordinary Session of the African Union Summit, at the AU headquarters in Addis Ababa, on February 10, 2020. Michael Tewelde-AFP

Chad: Boko Haram will continue wreaking havoc despite offensive

Chad's President Idriss Deby said on Saturday that Boko Haram jihadists would continue to wreak havoc in the Lake Chad region despite a huge military offensive against the group earlier this year.
RB Leipzig boss Julian Nagelsmann has explained that he rejected the opportunity to go to Real Madrid in 2018, believing it was not the correct step in his career at that time.

Julian Nagelsmann: Real Madrid offer came too soon for me

RB Leipzig boss Julian Nagelsmann has explained that he rejected the opportunity to go to Real Madrid in 2018, believing it was not the correct step in his career at that time.