Wale Tinubu, the CEO of Oando Plc, is going beyond oil in a big way. The Nigerian energy mogul, who has long been known for guiding one of the country's biggest indigenous oil companies, is now moving into mining as demand for important minerals around the world rises.
Oando, which has been a major player in the oil and gas for decades, is quietly building a new armOando Miningto explore opportunities in lithium and other minerals vital to the clean energy transition. The companys decision comes after it paused petrol trading, focusing instead on areas that promise stronger long-term returns.
Oando Mining expands lithium exploration push