The Minister of State for Petroleum, Dr. Ibe Kachikwu; the Executive Secretary of the Nigerian Content Developing and Managing Board, NCDMB, Engr Simbi Wabote and Oando Plc’s Group Chief Executive, Wale Tinubu, have stressed the need for increased investments in Nigeria’s oil and gas sector. They all spoke at the recently concluded 25th edition of […]
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The Group Chief Executive of Nigeria’s indigenous integrated oil firm, Oando PLC, Wale Tinubu, will join the CEO of Saudi Aramco, Amin Nasser and other international oil majors to deliberate on the future of oil. A statement by Oando PLC, said Tinubu will join other CEOs in reinforcing the growth and strength of oil independents […]
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The Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu, has said that the company was happy with the progress of the forensic audit being carried out by the Securities and Exchange Commission (SEC). Tinubu stated this during an interactive session with the media on the sidelines of the commissioning of the company’s new […]
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Oando’s Nigeria Plc Shareholders under the aegis of Trusted Shareholders’ Association have issued 7 days ultimatum to the Minister of Finance, Mrs. Kemi Adeosun within which to resign her position, alleging a breach of public trust and confidence. The shareholders also asked President Muhammadu Buhari to immediately sack the Minister should she decline the call […]
Read More Alhaji Mukhtar is the National Chairman of Trusted Shareholders Association of Nigeria. The shareholder activist recently spoke to Daily Sun on some of the major development on the Nigerian capital market and lamented that regulators have allowed some of the problems in the market to fester. Excerpt: My views on controversy surrounding Oando Plc It […]
Read More The lingering crisis currently plaguing major petroleum marketing company, Oando Plc is far from over as a group of shareholders of the company on Wednesday called on the embattled company’s management team led by its Group Chief Executive, Wale Tinubu to resign. The group, Trusted Shareholders’ Association of Nigeria (TSAN), led by its President, Alhaji […]
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In line with the mandate given to it by the National Assembly to investigate shareholders’ allegations against Oando Plc, the Securities and Exchange Commission (SEC), yesterday wrote its management, revealing gross insider dealings and other alleged unwholesome practices that forced it to wield the big stick. The letter came as anxious stakeholders await the outcome […]
Read More Oando Plc, Group Chief Executive, Wale Tinubu, has analyse the importance of strategic partnership to maximise organisation’s potential and grow the nation’s economy. A statement on Wednesday said Tinubu was in attendance at a private dinner in New York with top United States investors with a keen interest in Nigeria, organised by the US Nigeria […]
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Shareholders of Oando Plc from across the South-West states has called for the resignation of its Chief Executive Officer on Tuesday in staged a protest in Ibadan, the Oyo State capital. This is as a result of the firm’s poor financial position. Making reference to the report of the last Annual General Meeting of the […]
Read More Oando Plc 40th Annual General Meeting (AGM) held yesterday at the Ibom Hall in Uyo, Akwa Ibom State. The event in which shareholders of the company vote unanimously, expresses confidence in the management team, led by its Group Chief Executive Officer, Wale Tinubu, and retaining the company’s Board of Directors. The Chairman of the Board, […]
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The Securities and Exchange Commission has given approval to Oando Plc to conduct its Annual General Meeting hitherto slated for September 11, 2017. This came after the Special Task Team constituted by SEC to review petitions filed by Alhaji Dahiru Bara’u Mangal and Ansbury Inc against Oando, submitted an interim report, which cleared the oil […]
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