Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win

    October 10, 2026

    XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing

    October 10, 2026

    Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips

    October 10, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win
    • XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing
    • Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips
    • Cardano Rises 7% on Buying Interest, Outperforms Top Crypto Assets
    • US Sanctions 17 Vessels Linked to Iran, Targets Shipments to Asia
    • NBET Commences N728.98bn Legacy Debt Payments to GenCos
    • Nestoil Chair. Tasks New Boards on Governance, Financial Sustainability
    • UN Cuts Global Growth Outlook to 2.6%  
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 10
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Analysis » Oando Slides by 6.12% on Fresh Selloff

    Oando Slides by 6.12% on Fresh Selloff

    Julius AlagbeBy Julius AlagbeSeptember 30, 2025Updated:September 30, 2025 News No Comments1 Min Read
    Oando Slides by 6.12% on Fresh Selloff
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Oando Slides by 6.12% on Fresh Selloff

    Oando Plc opened the week on a negative note with selloffs that plunged its share price to N46, down by 6.12% on the day from N49.

    The latest price is 48.69% below its highest value in 52 weeks. Oando Plc has reached N89.65 per share before the energy stock retreated due to investors that liquidated their positions.

    Oando share price fell to N46 as 5.504 million units valued at N248.472 million traded in the local bourse on Monday. The energy company still has strong fundamentals, but investors’ sentiment remains downbeat.

    The market now anticipates the release of third quarter of 2025 earnings as potential catalysts to drive fresh re-rating. The Nigeria Exchange valued Oando Plc’s 12.431 billion shares outstanding at N571.844 billion. GTCO Delivers 63% YTD Return Ahead of Dividend Payment

    Oando
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win

    XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing

    Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips

    Cardano Rises 7% on Buying Interest, Outperforms Top Crypto Assets

    US Sanctions 17 Vessels Linked to Iran, Targets Shipments to Asia

    NBET Commences N728.98bn Legacy Debt Payments to GenCos

    Add A Comment

    Comments are closed.

    Editors Picks

    Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win

    October 10, 2026

    XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing

    October 10, 2026

    Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips

    October 10, 2026

    Cardano Rises 7% on Buying Interest, Outperforms Top Crypto Assets

    October 10, 2026

    US Sanctions 17 Vessels Linked to Iran, Targets Shipments to Asia

    October 10, 2026
    Latest Posts

    Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win

    October 10, 2026

    XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing

    October 10, 2026

    Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips

    October 10, 2026

    Cardano Rises 7% on Buying Interest, Outperforms Top Crypto Assets

    October 10, 2026

    US Sanctions 17 Vessels Linked to Iran, Targets Shipments to Asia

    October 10, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.