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Nigeria: Oando Announces $550m Participation in Nnpcl's Crude Oil-Backed Project Gazelle

Oando Plc, an indigenous energy company, at the weekend announced a successful $550 million participation in the Project Gazelle financing deal, raising the total disbursed amount to $925 million in the deal sponsored by the Nigerian National Petroleum Company Limited (NNPCL).
South Africa Abuja Federal Capital Territory Benedict Oramah Mele Kyari Nigerian National Petroleum Company Limited Johannesburg Stock Exchange

Loan-for-crude: Oando reveals $550m contribution to Afrexim Bank facility

Indigenous oil company, Oando Plc, has announced that it contributed $550m to the $925m disbursed to the Federal Government by the African Export-Import Bank under the $3.3bn crude oil-backed finance facility sponsored by the Nigerian National Petroleum Company Limited.
Benedict Oramah Ayotola Jagun Oando Plc Nigerian Exchange Limited On Nigerian National Petroleum Company Federal Government

Performance indices on NGX down 0.15%

The Nigerian Exchange Ltd. (NGX) recorded a negative performance on Thursday, with a loss of N84 billion in market capitalisation. Specifically, the market capitalisation lost N84 billion to close at N56.079 trillion, representing 0.15 per cent when compared to N56.163 trillion posted on Wednesday. Consequently, the All-Share Index lost 0.15 per cent or 150 points
Oando Plc Nigerian Exchange Ltd Transnational Corporation Fidelity Bank Nigerian Breweries Ikeja Hotels

Market capitalisation sheds N38bn as investors sell off banking stocks

Sell-offs in Tier-one banking stocks on Tuesday extended losses on the Nigerian Exchange Ltd. (NGX) stock market capitalisation by 0.07 per cent. Notably, investors lost N38 billion or 0.07 per cent, as the market capitalisation which opened at N56.069 trillion, closed at N56.031 trillion. The All-Share Index also closed 0.07 per cent or 68 points lower
Unity Bank Nigerian Exchange Ltd Oando Plc United Bank Presco Plc Wema Bank

Equity market opens week bearish, sheds N103bn - Blueprint Newspapers Limited

Domestic equity market on Monday opened in a bearish run, declining by N103 billion. Market capitalisation of listed equities went down by 0.18 per cent to N56.069 trillion from N56.172 trillion it closed on Friday. The NGX All Share Index also depreciated by 181.52 basis points to 99118.86 point from…
Oando Plc Share Index Insurance Deep Capital Veritas Kapital Regal Insurance

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