Oando Completes First Phase of 679.3m Share Distribution to Boost Shareholder Value

Tekedia | 16-08-2025 12:43pm |

In Nigeria’s oil sector, Oando Plc, an indigenous energy giant, is making headlines with a major shareholder reward initiative. The company has completed the first tranche of its planned share distribution, allocating 679,364,206 fully paid shares to eligible investors in what the company describes as a strategic move to deliver long-term value. The allocation marks

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