₦airaland Forum

PETERiCHY:
Last week we join OANDO Sluggish train and PROMISED to RESCUE Street-fighter from his NUMEROUS lamentations

Today OANDO is on full bid at #50.25.
The journey to #200 just commenced.

What BARGAIN HUNTERS CAN NOT DO DOES NOT EXIST.


BARGAIN HUNTERS TAKE NOTE!

My guy, chill small na.
Oando matter no be today ooo.
People dey for ground; dem just keep quiet dey look like dem no see.

njokuuche77:
He should kukuma run for president make person rest

Not necessaary.
The richest men in US, Europe don't even bother becoming presidents

tayejay:
According to AI Overview:

Based on reports from March 2026, the primary companies benefiting from the development of the OPL 245 deepwater block in Nigeria are Eni (specifically its subsidiary Nigerian Agip Oil Company) and Shell.
Business Post Nigeria
Business Post Nigeria
+1
The Nigerian government has moved to break the controversial block into four separate assets to be operated by these two European majors, finally allowing development to proceed after nearly three decades of legal deadlock.
TheCable
TheCable
+1
Key Entities Benefiting:
Eni (Italian Energy Major): As a long-term operator in West African deepwater, Eni continues to maintain its interest in the block.
Shell (Anglo-Dutch Major): As part of its strategy to focus on high-value, deepwater projects, Shell remains a key operator.
Oando PLC: In August 2024, the Nigerian energy company announced its acquisition of the Nigerian Agip Oil Company (NAOC) from Eni, meaning Oando is set to take over Eni's interest in the project.
Nigerian National Petroleum Company (NNPC) Limited: The state-owned entity is expected to gain equity stakes as part of the new, restructured arrangement.
Contextual Factors:
Split Structure: Dividing the block into four parts is designed to accelerate permitting, financing, and development, allowing Eni and Shell to divide operational risks.
Strategic Value: With estimated reserves of 9 billion barrels, OPL 245 is one of Africa's largest undeveloped oil reserves.
Legal Resolution: Following a 2021 acquittal of corruption charges in Italy and the withdrawal of civil claims by the Nigerian government in 2023, the way was cleared for this, although full production is likely still a decade away.
Businessday NG
Businessday NG
+1
Note: While Shell and Eni have been the central players in the long-running saga (often alongside Malabu Oil & Gas), the new structure in 2026 solidifies their operational role, particularly with Oando's entry into the Nigerian Agip Oil Company assets.

Thanks

What is really pushing Oando up?
Could it be the Israel-Iran war or the Court ruling in respect OPL245 which favours ENI/NAOC (now acquired by Oando)?

Bagwa:
https://nairametrics.com/2026/03/02/opl-245-fg-splits-oil-block-for-eni-shell/

ENI Sold its 100% interest in Nigeria to Oando August 2024

Was OPL245 under NAOC or ENI Offshore?

Bagwa:
https://nairametrics.com/2026/03/02/opl-245-fg-splits-oil-block-for-eni-shell/

ENI Sold its 100% interest in Nigeria to Oando August 2024

Hallelujah!! Bagwa has appeared at last!
Folks watch out ooo....something may be in the offing.
Bagwa and Prophet seem to know a lot about the O&G industry

Rubyjade:
FTGinsure

Thanks
Is it available now? I wanted to buy few days ago but could not

megawealth01:
My second account that has OANDO now in green. Maybe I go use that one do jijo 😂

Jijio with Oando at this time can be tempting....but hmmmmm

megawealth01:
How long will the redistribution last?

You no put this thing for mind at all.
The one coming up in this month is the Tranche 2 for Phase 1 (qualiftying date 30-June-2025).
Then Phase 2 is for 2026 (qualifying dates to be announced)
Then Phase 3 is for 2027 (qualifying dates to be announced)

Each phase would have 2 qualifying dates, I think

megawealth01:
I didn't reason the share redistribution sef. But the thing be i won't want to sell my OANDO t unless there is any major political abracadabra I notice

Exactly.
If Wale can be faithful with the share redistribution plan and Oando is able to rise to over N100, then shareholders should make something.

megawealth01:
Wale should announce dividend payments even if na .05 we go know say he don dey try

Would you prefer Wale pays cash in lieu of the shares redistribution?
Ratio 2:27 is about 7.4%; or N3. at today's opening price

megawealth01:
Wale should announce dividend payments even if na .05 we go know say he don dey try

Would you prefer Wale pays cash in lieu of the shares redistribution? Ratio 2:27 is about 7.4%; or N3. at today's opening price

nosa2:
Go and buy ETI

Thanks.
I bought ETI during their public offer several years back. Will do more checks to see if I can buy more

Agbalowomeri:
If wishes were horses abi how dem dey talk am
But who knows? The might vindicate you

Agba again, this early morning!
Okay, give me one idea or stocks that I can buy now and make some money.

kingthreat:
Not true. Take note, the ayatollah was killed because he refused to be moved to a safer abode.

Inside his bunker? Una don start

Glitcher:
e Dey our culture too. I remember around 2001 when them bury one rich man for my area inside coffin wey look like hummer jeep.

Na lie. We dey copy Ghana for this thing. Ghana people started doing this kind thing in the late 1980s and early 1990s.
We dey copy them but we no wan talk true

zendi:
Stocks dealing permits occasional foray into global affairs.
The 10% you gained in Oando today is from global affairs.

Please don't let me say/pray that the ''global affairs'' should continue oooo.
Haba! Let Oando make some gains na. Who Wale offend sef?
Abeg ooo

Princedapace:
It is a shame that the Israel will always need the US to fight Iran. Nah, that is bullshit. That is not impressive. Iran is under sanction for decades and still this strong. This should tell u more about them if they were never santioned them. Israel can never ever fight Iran alone, they will see hell. They always will rely on UK, USA, France to help them intercept Iran missles. US and Israel declared war on a single poor country. And US and Israel are still collecting these leevl of damanges? Guy, be honest, Iran get levels.

Do you know how many wars Israel has been fighting on different fronts?
How many militaries in the world have been facing what Israel has been facing since they were established as a modern State in 1948?
Israel has been investing in IT while Iran has been investing in terrorism and nuclear weapons.
Israel already has nuclear weapons and can destroy Iran with it, but it is not allowed at this stage.

Anatolia:
Nigerian stocks are fairly stable and move upward so it is easy to hold unlike foreign shares that are very volatile. You would need extra grace to hold such shares.

millo:
We are many planning same move.

We are looking for easy, fast money

PETERiCHY:
We present to you the latest STARBOY aka OANDO.....

LETS THE RACE TO #200 BEGIN!!!!!!

IF YOU CAN'T BEAT THEM, BETTER JOIN THEM ELSE SEE YOU SEE HEART ATTACK,

BARGAIN HUNTERS TAKE NOTE!

Are you sure you are a ''loyal member'' and would be loyal when things get tough and rough?
Or fair weather member?.
We also have a ''prophet'' and all ''genuine members'' believe his ''prophecies''! Do you believe?

ojeysky:
I am hoping for at least 2 naira, I topped up my holding last week because i just could not find any other cheaper Bank stocks than Access.

I am expecting dividend like N2 or N3 from Access because they did not declare interim dividend
I am expecting the rise to hit N35-N40 after the dividend so I can sell and move the funds to Dang Refinery IPO or Providus-Unity Bank.

megawealth01:
I've been holding NAHCO since sub3 ooooo

Wow....
I remember when NAHCO used to sell between N2 - N4 several years ago

Ginalex:
The long term holding thing isn't easy sha. People who hold for years, how do y'all do it? 😩

You are lucky it is a stock like NAHCO that is always paying good dividends, bonus etc. which are compensation/incentives to hold for long term
If na Oando or Ellah, wetin you for talk?

Ginalex:
yes na by force

Don't worry, NAHCO will do you well.

Oasisblue:
Fellow Arabs, how? Iranians are not Arabs.

I hope you are not looking for another opportunity to use derogatory, filthy word like a ''dumb take'' when some expresses a contrary opinion, even if accurate or inaccurate?

zinaunreal:
Buy Jerusalem and tel aviv na dust now. You didnt see the news 😆

Na dust be their target?
Destroying residential and private buildings it nothing.
The real thing is to get military targets because that is how to win the war or get upper hand

Gotocourt:
Isreal hacked IRAN tv , showing NETANYAHU speech

Those Israeli IT guys are bad market, walahi

ojesymsym:
Your initial statement made me go and do a quick read up of Judah and Israel.... It turns out that the Southern Israel which is where Jesus is from mostly referred to 2 tribes (Judah and Benjamin) out of the 12 tribes of Israel and that Judah holds the other 10 tribes.

If my understanding of what I read is correct then present day Israel is operating mostly from a section of olden Judea whereas the Southern Israel is the disputed part that the Palestine are staying in at the moment.

The Palestinians are staying in the olden day Judea and Samaria, which were the most populated areas of the olden day Israel
Judea is to the south of Jerusalem and Samaria is to the north of Jerusalem. Galilee is at the far north, close to the Lebanon/Syria borders.
Most of most modern day Israel is clustered around Jerusalem, and to the southern part of the country

Ezeama400:
https://punchng.com/shiites-protest-in-lagos-over-irans-invasion-ayatollah-khameneis-death/?fbclid=IwdGRjcAQSjLpleHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEeOL8p6bxkYGUaKRcSGf811SktKuDGV_XDwgbQeq16UwxHBl7_taWJhac51A4_aem_SIsll_ksiM2BZKbxa8ftPw

The Ayatollah man was killed by Israeli strikes alone. Israel killed him.
US did not take part in the strikes that killed Ayatollah Khamenei and his IRGC commanders.
US is targeting the nuclear sites.

SonofElElyonRet:
Historically Jewish towns such as Bethlehem fall within Palestinian territory but Israel didn't make a big deal of it. There's also a mosque standing where the temple of Solomon used to be in Jerusalem but Israel has not demolished it and has no plans to do so

Yeah...it was one of the compromise to allow peace to reign but currently, the hardline Jews are not insisting that ALL their heritage in the Judea and Samaria, including Bethlehem would no longer be given out.