Posts Tagged ‘Oando’
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CBP DAILY FINANCIAL MARKETS UPDATE – 20/04/2016

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.51%, while the Year-to-Date return stood at -13.47%. The All Share Index closed at 24,784.95 against the previous close of 24,659.17 while Market Capitalization closed at ₦8.526 trillion against previous close of ₦8.482 trillion. Volume traded decreased by 30.42% from […]

Oando Posts Record Loss Of $1.1 Billion

Mega Oil Firm Oando kept investors waiting for nearly a year to reveal its 2014 financial results— with good reason. The once high-flying oil and gas company posted losses totaling $1.1 billion for 2014 and the first six months of 2015 together. The $923 million loss racked up for the 12 months to December 31, […]