• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Oando Denies Owning Shares In Maltese Blending Plant

by Leadership News
10 months ago
in Business
Oando
Share on WhatsAppShare on FacebookShare on XTelegram

Oando Plc has denied allegations of owning shares in the Maltese company Ras Hansir Oil Terminal Limited, which purportedly operates an oil storage and blending facility.

Advertisement

The company stated that neither it nor its executives have any interests in this entity, emphasising that a search of the Malta Business Registry revealed no such company exists.

Oando described the claims as malicious and misleading, urging the media to verify information before publication to prevent misinformation among stakeholders.

Company secretary, Ayotola Jagun, in a statement yesterday, said, “Our attention has been drawn to recent allegations on social and digital media, levelled against Oando Plc (‘Oando’ or ‘the Company’) of being a shareholder, and its Principals of being Board members, in a Maltese company, Raz Hansir Oil Terminal Limited that operates an oil storage and blending facility, and is purportedly responsible for importing adulterated petroleum products into Nigeria.

“Considering the above, we wish to refute such claims and attest that neither Oando Plc nor its executives have ever held shares, investments, or interests in the fictitious Maltese company.

RELATED

BetKing Promotes Social Impact At NSF

BetKing Promotes Social Impact At NSF

9 hours ago
Sallah: UNYF felicitates with muslims, decries worsening living conditions

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

9 hours ago

“As part of a comprehensive investigation into the basis of the false claims, we conducted a search of the Malta Business Registry, the official repository for all registered entities past and current within the country. Our search yielded no results for a company bearing that name.

Subsequent due diligence efforts similarly failed to uncover any record of the company’s existence.
“We therefore believe that the false claims are of the malicious intent of misleading the public and our stakeholders. “We want to reiterate that as a publicly listed company, any corporate actions, such as acquisitions, are declared publicly in accordance with applicable corporate governance Laws and Rules.

“Furthermore, it is imperative that information released about a publicly quoted company such as Oando is thoroughly researched and deemed accurate before it is published in the public domain.

The company’s securities are traded daily across two exchanges (NGX and JSE). To prevent misinformation and confusion among investors, as well as our other stakeholders, we implore all members of the press to take adequate steps to ensure the veracity of reports by fielding all enquiries with Oando Plc Corporate Communications department, the oil firm stated.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Oando
SendShareTweetShare
Previous Post

Lekki FTZ DMD Advocates Innovative Solutions For Affordable Housing

Next Post

Kano, Local Pharmacy Firms To Boost Supply Of Medical Products

Leadership News

Leadership News

You May Like

BetKing Promotes Social Impact At NSF
Business

BetKing Promotes Social Impact At NSF

2025/06/06
Sallah: UNYF felicitates with muslims, decries worsening living conditions
Business

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

2025/06/06
Airtel Expands Digital Ecosystem With In-App Shopping Platform
Business

Airtel Expands Digital Ecosystem With In-App Shopping Platform

2025/06/06
NES Demands Stakeholder Collaboration To Curb Plastic Pollution
Business

NES Demands Stakeholder Collaboration To Curb Plastic Pollution

2025/06/06
AFN Board Members Write Minister, Lament Crisis Under Okowa’s Leadership
Business

FG Reaffirms Global Leadership In Entrepreneurship At 2025 GEC

2025/06/06
CSOs Hail Komolafe’s ‘Giant Strides’ As NUPRC Boss
Business

2024 Bid Rounds Violated No Oil Licencing Guidelines – Komolafe

2025/06/06
Leadership Conference advertisement

LATEST

Fire Guts Section Of Kano Phone Market On Eid Day

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

Raphinha Named 2024/2025 La Liga Player Of The Season

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

Gabriel Signs New Long-term Deal At Arsenal 

Diphtheria: 4,017 Persons Vaccinated As Death Toll Hits 10 In Imo

PICTORIAL: Gov Eno Visits Akpabio With 8 Govs, Others After Defection To APC

Defection: APC Welcomes Gov Eno, Assures Full Accommodation

Eid-ul-Adha: Soun Of Ogbomosoland Calls For Peace, Unity, Religious Tolerance

Sallah: Sultan Tasks Leaders On Unity, Commitment To Solving Nigeria’s Challenges

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.