Oando is raising $750 million for a 100-well drilling push that CEO Wale Tinubu says could triple the company's oil output

Billionaires Africa | 11.04.2026 03:32
Wale Tinubu, the chief executive of Oando Plc, said the Nigerian energy company is seeking to raise up to $750 million this year to fund a drilling campaign targeting as many as 100 wells, a programme that could triple the company's current output from an already expanded base.