H1 2025: Oando Suffers 15% Revenue Shortfall, N159bn Operating Loss

Primanews | 02-08-2025 09:30am |

By Aduragbemi Omiyale Lower trading activity, especially from Premium Motor Spirit (PMP), otherwise known as petrol, and weaker realised prices amid stronger performance in the Exploration and Production (E&P) segment of the business contributed to a 15 per cent year-on-year decline in the revenue of Oando Plc in the first six months of 2025. Details [...]

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.