Oando Plc, Nigeria’s leading indigenous energy group, has announced that it is awaiting final regulatory clearance from the Financial Reporting Council of Nigeria to publish its 2025 Audited Financial Statements.
The company, which is dual-listed on the Nigerian Exchange Limited and the Johannesburg Stock Exchange, disclosed this corporate update on Monday, 15 June 2026, following queries regarding delays in its financial reporting timelines.
According to the management, the group’s Board of Directors has already approved the 2025 audited accounts and subsequently submitted the documents to the FRCN. However, the mandatory regulatory review process is still being finalised by the apex accounting watchdog.
In a corporate statement signed by the management, the energy firm explained that it was working closely with the federal regulators to accelerate the conclusion of the compliance checks.
“The review process remains ongoing. The company continues to engage actively with the FRCN and other relevant regulatory authorities in connection with the review process and is awaiting the completion of all requisite regulatory clearances,” the company stated. Related News Tinubu appoints Financial Reporting Council chairman Regency Alliance unveils N3bn rights issue WHERE WAS THE BOARD?:The Question Every Public Sector Failure Should Force Us to Ask (Boards That Work — Part III) – Dr Bolaji Olagunju
