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Oando Boss, Wale Tinubu adds another feather to his studded cap

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Jubril Adewale Tinubu, oil tycoon and GCE of leading oil and gas firm, OANDO, yesterday shone brilliantly like a well-cut diamond when he received the award for the New Telegraph Investor/Transaction of the Year 2024.

The oil guru with three decades of expectational performance in the oil sector was among other prominent Nigerians that went home with honours at the Oriental Hotels, venue of the ceremony.

The award, described as well- deserved, was presented to Tinubu for leading his team to successfully completing the acquisition of Agip Oil Company at $783 million.

The transaction, which was completed in August 2024, was described my many as a remarkable one the nation’s economy.

Tinubu is an intelligent, pragmatic and a genius who strikes when the iron is hottest.

Gifted with a knack to spot opportunity ahead of the crowd, Tinubu has in the last 30 years of unbroken entrepreneurial voyage positioned Oando among the best oil and gas company in the world.
He believes Nigeria offers limitless possibilities and opportunities, and holds high, at all times, the banner of hope.

Today, the business has not only earned him fame and wealth, but has also contributed in great measures to the economic development of Africa and beyond.

Other awardees on the night include Governor Babagana Zulum of Borno State won the Governor of the Year 2024; Governor Babajide Sanwo-Olu of Lagos State received the Governor of the Year in Projects, while Governor Ahmed Aliyu of Sokoto State won Governor of the Year in Economy

Others are Governor Sheriff Oborevwori of Delta State; Osun State Governor, Senator Ademola Adeleke; Ekiti State Governor, Biodun Oyebanji; Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPCL), Mr Mele Kyari, won the newspaper’s prestigious Man of the Year 2024, while the Minister of Aviation and Aerospace Development, Barrister Festus Keyamo (SAN), won Minister of the Year 2024 in Transformative Leadership.

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Nigerian Exchange loses N183bn as bearish sentiment hits blue-chip stocks

Nigerian Exchange loses N183bn amid continued bearish sentiment, with market capitalisation dropping to N72.5tn and blue-chip stocks facing sharp declines.

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Nigerian Exchange loses N183bn

Nigerian Exchange loses N183bn amid continued bearish sentiment, with market capitalisation dropping to N72.5tn and blue-chip stocks facing sharp declines

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Legal Battle Brews Between Adron Homes, Estate Property Owners Over Facility Management, Ownership Rights

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Adron Homes

A legal conflict is intensifying between Adron Homes Properties Limited and property owners at its Treasure Park & Gardens estate in Simawa, Ogun State, over facility management, alleged disregard for court orders, and the fundamental issue of ownership rights

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NUPRC dismisses oil block licensing irregularity claims, assures transparency

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NUPRC defends oil block licensing

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has strongly denied allegations of irregularities in the 2024 oil block licensing round, asserting the process was transparent and strictly adhered to legal guidelines, while also refuting claims of mass license expirations

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