Oando Reports N32 Billion Pre-Tax Loss Amid Soaring Finance Costs

Nigerian energy company Oando has announced a pre-tax loss of N32 billion for the first half of 2026, attributing the deficit to a significant surge in finance costs and debt servicing expenses despite revenue growth.

7 Aug, 00:19 — 7 Aug, 00:19

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punch-ngMostly Factual1h ago

Oando posts N32bn pre-tax loss as finance costs surge

Oando reports a N32bn pre-tax loss for H1 2026, despite revenue growth, as high finance costs and debt servicing impact earnings. Learn more about Oando’s Read More: https://punchng.com/oando-posts-n32bn-pre-tax-loss-as-finance-costs-surge/

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Oando Reports N32 Billion Pre-Tax Loss Amid Soaring Finance Costs

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Oando posts N32bn pre-tax loss as finance costs surge

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