Oando Targets N220bn in One of Nigeria’s Largest Equity Offerings

[The Whistler - Nigeria] - 18/02/2026

Oando Plc has applied to the Nigerian Exchange Limited (NGX) for the approval and listing of a proposed rights issue aimed at raising approximately N220.79bn through the issuance of 4,415,867,342 ordinary shares of 50 kobo each at N50.00 per share. The energy group said in a regulatory (…)

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