Wale Tinubu’s Oando acquires NAOC from Italian at $783m

A Nigerian multinational energy company, Oando Plc, has acquired a 100 per cent shareholder interest in the Nigerian Agip Oil Company (NAOC) from Eni, an Italian energy company, for $783 million. Mr Wale Tinubu, Group Chief Executive Officer of Oando, disclosed this in a notification sent to the Nigerian Exchange Ltd. (NGX) on Thursday in [...]Wale Tinubu’s Oando acquires NAOC from Italian at $783m

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