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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
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Ex MD Of Konga, Imuda Commits Suicide

Late Imuda 

By Favour Ifeoluwa & Akinola Ajibade 

A  Former Chief Executive Officer(CEO) of  Konga, Mr Nick Imuda has committed suicide in his home.

.Konga is  one of Nigeria's e-commerce giants. Nick until his death was the CEO of D.light , a leading innovator in the distribution and financing of residential solar energy solutions and transformational household products,

He  killed himself on the night of Tuesday, June 25, by jumping from the balcony of his Lekki, Lagos apartment.

Before Konga, Nick had stints with TCL/Alcatel as a regional director and Microsoft Device and Services as the GM/MD for West and Central Africa.

Before making the jump, he had called his US-based brother to give him instructions on how to distribute his wealth should anything happen to him.

He also called his young daughter from a previous relationship and told her he would always be there for her and that all she needed to do was to look in the sky and he would see her.

His friends, family, and associates are in shock as to why he would commit suicide. 

An indigene of Delta state, precisely from Ika South local government area, Nick was previously married to the mother of his young daughter, who was also from the same local government with him.

The marriage ended due to irreconcilable differences.

He gave love a second chance when he got married to a Caucasian.


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