The Punch on MSN4d
Oando secures $650m Agip deal with AfrexInsure’s backing
Oando Plc has sealed a $650 million deal with Nigerian Agip Oil Company, backed by risk management solutions from AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank.The ...
The Whistler1d
Oando Blames Financial Report Delay On NAOC Acquisition, Internal Control Requirements
Oando Plc has announced a delay in the publication of its 2024 Audited Financial Statements (2024 AFS), citing complexities ...
AllAfrica on MSN3d
Nigeria: Oando Seals Underwriting Pact With Afreximbank's Insurance Subsidiary
The deal allows AfrexInsure to provide critical risk management solutions to Oando by ensuring that Afreximbank's investment ...
Zacks.com on MSN16d
Shell Exits Nigeria's Onshore Oil to Focus on Offshore Projects
Shell plc SHEL has completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria (SPDC), to Renaissance, a Nigerian-led consortium. This $1.3 billion ...
Vanguard17d
Another explosion rocks oil facility in Rivers
Unconfirmed reports say there is  another explosion at an oil facility in Ogba/Egbema/Ndoni Local Government Area of the ...
The Punch Newspapers3d
Afreximbank’s subsidiary onboards Oando as strategic partner
including facilitating a $650m financing for Oando’s acquisition of Nigerian Agip Oil Company Assets in August 2024 and the energy company’s June 2024 participation, through its Oando Trading ...