OandO

How disciplined portfolio rebalancing strengthened Oando’s earnings quality

How disciplined portfolio rebalancing strengthened Oando’s earnings quality

By Vera Anyagafu When companies refer to “quality of earnings,” they are not speaking simply about whether profits rose or declined in a reporting period. Earnings quality reflects how closely reported results align with underlying economic performance, how repeatable those earnings may be across cycles, and how strongly they are supported by cash generation rather […]
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Reps summon NNPC, 3 others over alleged N13B debt, contracts scam

Reps summon NNPC, 3 others over alleged N13B debt, contracts scam

By Tordue Salem – Abuja The House of Representatives Committee on Petroleum Upstream has invited the Group Managing Director of Nigeria National Petroleum Corporation, NNPC, Mr. Mele Kyari, heads of Nigeria Agip Oil Company and OANDO over allegations of N13billion owed to Decoon Engineering Company and allegations of involvement in contracts’ fraud. The companies are […]

Covid-19: Oando employees raise over N25m, feed 10 communities in Lagos

Covid-19: Oando employees raise over N25m, feed 10 communities in Lagos

In line with their long term goal of ending hunger and alleviating poverty across the nation,  employees of Oando, popularly known as the #HumansOfOando, through The Aggregator Platform (TAP), has raised over N25 million to feed more than 24,000 Lagosians across 16 of the most deprived communities over a one month period.

Covid-19: Over 24,000 Lagosians to benefit from Oando employees initiative

Covid-19: Over 24,000 Lagosians to benefit from Oando employees initiative

The employees of Oando under the name tagged #HumansOfOando have identified that despite the financial contributions and efforts made by the public and private sector as well as Non-Governmental Agencies (NGOs) in feeding the less privileged as a result of the coronavirus, Covid-19 pandemic there is still a huge gap between those who are in dire need and those who are eventually reached and fed.