Oando’s Bid for Trinidad’s National Refinery.

Oando Plc’s current position makes it a strong candidate for taking over Trinidad’s National Refinery, a move that could redefine its future. Senior Research Analyst Adebayo Adebanjo from Cardinal Stone Securities shares insights into the potential impact of this bid and examines whether the growing interest in Oando’s stock aligns with its expansion prospects. The discussion also covers market sentiments surrounding oil and gas stocks, considering key factors like inflation, interest rate hikes, and exchange rate volatility that shape investor behavior. Amid market uncertainties, Adebayo offers strategic advice to help investors navigate these challenging times.

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