Emmanuel Addeh in Abuja
Oando, one of Africa’s leading indigenous energy solutions providers, has ended the first quarter of the year on a high, with the publication of N933 billion revenue in its Q1 2025 unaudited results.
This performance comes in the wake of its recent release of its 2024 full year audited financial statement, where it reported a 44 per cent year-on-year revenue increase to N4.1 trillion compared to N2.9 trillion in 2023 and a 267 per cent increase in Profit-After-Tax (PAT) to N220 billion.