Oando, Gets $800m For Nigerian Agip Oil Company Acquisition

Oando Plc has secured a $800 million loan agreement with African Export-Import Bank (Afreximbank) to facilitate the indigenous energy group’s acquisition of the entire share capital of Nigerian Agip Oil Company (NAOC). – Advertisement – The loan agreement was signed yesterday at the on-going Intra-African Trade Fair (IATF2023) in Cairo, Egypt. Oando had in September 2023 … Continue reading Oando, Gets $800m For Nigerian Agip Oil Company Acquisition