Oando PLC reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was NGN 415,353.86 million compared to NGN 154,398.25 million a year ago. Net loss was NGN 14,056.21 million compared to NGN 29,078.66 million a year ago.

Basic loss per share from continuing operations was NGN 1.13 compared to NGN 2.34 a year ago.