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Oando’s revenue hit N4.1tn in 2024
Energy company, Oando Plc, has announced a 45% increase in its revenue, which hit N4.1tn at the end of 2024 compared to N2.9tn in the previous year.
The growth was primarily driven by the acquisition of an additional 20 per cent stake in the NAOC JV in fourth quarter 2024, partially offset by production disruptions due to shut-in wells ...
Speaking on the results, Group Chief Executive, Oando PLC, Wale Tinubu CON, commented, “2024 was a year of transformation for Oando, the key highlight being our successful acquisition and subsequent ...
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