Oando bounced back to a profit of N34.7bn

Energy company, Oando Plc on Wednesday said its profit after tax rose to N34.7bn in the 2021 financial period. The group disclosed in a statement on Wednesday on its audited results for the year ended December 31, 2021 that this was from a loss after tax of N140.7bn reported in 2020. It also said its total group borrowings increased by 10 per cent to N460.8bn compared to N419.6bn recorded in…
Read more