Oando Swings to N220bn Profit in 2024, Faces Tough Questions on Future Viability
Oando Plc has posted a significant profit of N220.1 billion for the financial year ended December 31, 2024, representing a strong rebound from the N60.3 billion profit reported in 2023. The Group’s revenue surged to N4.09 trillion, up from N2.85 trillion in the previous year, driven by improved performance across its core businesses, including exploration