₦airaland Forum

ghm:
True talk.
I am holding my OandO shares because the upside potential is enourmous.

Oando is the only indigenous upstream oil company not being run by an industry professional at the moment—and Wale needs to do something about it ASAP.

He can remain Group CEO or become Chairman, but he should bring in a CEO who is an oil and gas expert. Seplat and Aradel are run by well-known industry leaders. Oando is not.

Seplat is led by Effiong Okon, who spent 35+ years at Shell and served as Operations Director and ANOH Gas MD before becoming CEO in August 2026 . He is an engineer by training with deep operational credibility.

Aradel is led by Gbite Falade, who runs a technically driven leadership team and grew the company from 67 to 273 employees . The Group Chief Technical Officer sits in the executive structure.

Oando is led by Wale Tinubu—a lawyer, financier, and dealmaker. He built the company through acquisitions (ConocoPhillips, NAOC) and capital markets. That is a financier-dealmaker model, not an operator model.

Does Oando have technical people? Yes. Ainojie "Alex" Irune serves as MD of Oando Energy Resources (the upstream subsidiary) and Group Executive Director . But the Group CEO role at Oando is not structured as a technical leadership position. That is the problem.

The issue is simple: Oando has shifted from acquiring assets to operating them. The NAOC acquisition brought 24 producing fields, 1,255 km of pipelines, and 14 flow stations . Acquisition is a finance game. Production is an operations game. The skill set required at the top has changed.

What Wale could do:

Become Group Chairman – focus on capital allocation, M&A, and strategic partnerships (his strength)

Hire a technical CEO – an upstream operator with deep reservoir, drilling, and production experience to run day-to-day operations

This mirrors Seplat's transition model, where Roger Brown (finance background) handed over to Effiong Okon (technical background) .

The H1 2026 production increase of 16% to 42,789 boepd suggests operations are functioning . But the pre-tax loss of N32 billion due to finance costs suggests the balance sheet, not operations, is the immediate constraint . Fixing the balance sheet requires capital markets expertise. Fixing operations requires technical leadership. Oando needs both at the top.

mikeapollo:
It is always good to see the broad picture of things or issues; not everything should be seen as '' he is a critic, he does not like my govt'' mindset.

Even people like you should be arrested for questioning by the govt. No ''good'' govt should be friends with an ''Agbalowomeri''.

mikeapollo:
Nigeria's Petrol Import Bill Surges 989% To N952billion in Q2 2026
https://nairametrics.com/2026/09/08/nigerias-petrol-import-bill-surges-989-4-to-n952-15-billion-in-q2-2026/

They are still importing fuel!.
Has subsidy ended?

mikeapollo:
Look at someone that wants to be a billionaire, calling another billionaire ''greedy''.
Na wa to you ooo

SonofElElyonRet:
Hoping Japaul dips. Really want to buy an extra 5 million units and then pray the gold refinery lays golden eggs as envisioned... A risk that may pay off and prove to be a successful and profitable retirement plan. Worse case scenario, it doesn't but at least I would still be able to exit if I enter at a good low price.. hopefully N2.50/2.60

presiade:
Permit me to drop this here.

The United Nations recently voted on representing the African continent according to its true scale on a map, and here is how the member countries voted:

essentialone:
Yesterday, a total of Fortis Global Insurance Plc shares, worth about 5.24 Billion Naira was Sold off.

Who by?

thebargainhunte:
I think OANDO would have been above N200 by now if not because of the RI he cleverly used to cap the price. He might offer peanut to buy out minority shareholders in future. This is not fact, but my opinion.

Agbalowomeri:
Next monthly support for Oando now na N20

londonerr:
What does vfd do?

zendi:
Brent has now fully surged back to wartime levels...
right now making a touchdown on the moon's surface.

$95.05 at posting.

Now, remind me what commodity Oando and upstream brethren are producing and selling.

Punters take note.

wanaj0:
E ku market oo

Good that the past three years has drawn many to the market.

How many will remain at the slightest fullback?

Let your anchor holds through the storm of NGX.

Iyobaba:
75 percent of illegal immigrants are Arabs or from West asia, the question is why are they not flooding rich Islamic countries like Saudi Arabia, Qatar, UAE and the likes but they flock to The West ?

Before you quote me, check out the privileges that comes with being born or being a citizen of Qatar and compare that to being born in the West.

The unholy marriage between Islam and Ultra-Liberalism needs to end or the West and it's values will perish.

IyaTola:
.5 things investors can learn from Spain vs Argentina game

1. Patience beats panic.
Spain didn't force the game despite dominating possession. They kept creating chances until the breakthrough came in extra time. As an NGX investor, don't dump quality stocks just because they haven't moved in weeks. Sometimes, the best returns come to those who wait.

2. Don't rely on one superstar.
Argentina depended heavily on Messi's magic, but Spain's disciplined team play neutralized him. Likewise, don't build your entire portfolio around one "hot" stock. Diversification reduces risk when one company underperforms.

3. Strong fundamentals eventually win.
Spain controlled possession, created far more chances, and kept pressing until Ferran Torres scored the winner. In investing, companies with solid earnings, good governance, and strong cash flow often outperform over the long term, even if the market ignores them initially.

4. Cash is your substitute bench.
Spain's substitutes changed the game, with Ferran Torres coming off the bench to score the winning goal. Investors should always keep some cash available to buy quality NGX stocks during market corrections instead of being fully invested at all times.

5. Emotions are expensive.
The final was tense and physical, ending with red cards and frustration for Argentina. Investors who buy out of excitement or sell out of fear usually make costly mistakes. Successful investing rewards discipline, not emotions.

The stock market is more like a 120-minute World Cup final than a 100-meter sprint. The patient, disciplined investor who focuses on quality and sticks to a strategy is more likely to lift the trophy in the long run.

ppogba:
Na day "humbility", gentility and Mumu look made Baba Jim Ovia to make him the MD of Zenith Bank when he wanted to retire based on CBN rule. All other factors considered, he was the least worthy amongst all the EDs in Zenith then. But, baba no say na hin Mumu pass and hence give am the post.

I no go talk about Wigwe because time no go permit me. But, trust me, I know much about the industry.

Unfortunately, non of my children dey dat line. E pain me gaan.

ppogba:
All these ones na still small change as far as Emefiole is concerned.

Never doubt it if has saved money for Nigeria abroad as Abacha did.

megawealth01:
It's weekend again. Those planning to report me oya food don set oooo.

🔴 BREAKING: Iran for the first time acknowledges "attacks on power infrastructure" while asking people to use less electricity.

Baby TRUMP testing mic

Let's see how the stock exchange markets react in the coming week

mikeapollo:
This will affect the price of oil, the profitability of oil companies, especially crude exporters like Aradel, Oando, Seplat.

I don't understand why these Iranian govt want to play to the gallery until the country is ruined on top of nothing. Some wars are not worth it especially if you will surely be at the losing end.

Jaakay:
Pls how does this relate to stocks?

megawealth01:
Na BARCELONA sha get this WC. If the final is SPAIN VS ARGENTINA that will be cool but if na ENGLAND vs SPAIN. Na SPAIN oooooo

megawealth01:
Na bargain hunting talk na

megawealth01:
President Trump returns to the US from Turkey🇺🇸


https://www.facebook.com/share/r/19Are1BvkU/

It's called CLASS 💕😘💕

🔴 BREAKING: US President Donald Trump tells The New York Post he has “left instructions” to bomb Iran “at levels that they’ve never seen before” should Tehran succeed in its plots to assassinate him.

megawealth01:
You sabi this MH hustle well well

Agbalowomeri:
They all play in Europe now so no more Samba

megawealth01:
This idiot just brought a bad image on Nigeria... How foreigners go reason Nigeria talk more of investing in Nigeria Stock Exchange bayi?