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Ardova

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Stock Market Cap Shrinks To N28.40 trillion, Ardova, MRS Report Gains

Over N26.03 billion was lost on Thursday, 11 May, following -0.09 per cent decline in the stock market capitalisation, which contracted to N28.40 trillion, from N28.42 trillion posted on Wednesday, 10 May. The All-Share Index moved downward from 52,209.06 ASI, after losing

May 11, 2023

Business·Markets

Conoil, Ardova Among Losers’ List, Stock Market Cap Up By N11.43bn

On Thursday, the Nigerian bourse appreciated by 0.03 per cent or N11.43 billion, closing at N30.40 trillion, from N30.39 trillion. The All-Share Index rose slightly by 21 basis points to close at 55,822.14 ASI, up from the previous day’s 55,801.14 ASI. Data

March 9, 2023

Business

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

On Monday, 6 February 2023, Ardova announced that its majority investor, Ignite Investments & Commodities Limited, has offered to buy out its minority shareholders. Ignite Investments tabled N17.38 per share offer to purchase 970.7 million units of shares in the hands of

February 13, 2023

Business·Oil & Gas

Ardova Investors To Earn N16.8 billion, As Billionaire Plans Takeover

Ignite Investments & Commodities Limited has informed Ardova investors that the majority shareholder is willing to buy their stake for N17.38 per share to take the company private. In a statement dated 6 February 2023, Ardova said Ignite Investments has made its

February 7, 2023

Business·Markets

Guinness, Ardova Shareholders Report Loss, As Seplat, NAHCO, Others Gain Big

About N142.16 billion was gained in the Nigerian stock market on Wednesday, 1, February 2023, after the bourse’s equity capitalisation rose from N28.99 trillion to N29.13 trillion. Similarly, the All-Share Index rose from 53,238.67 ASI to 53,499.68 ASI, rising by 261.01 basis

February 1, 2023

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Oil & Gas

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Plc has stated that the court victory of Zenon Petroleum and Gas Limited over Ignite Investment Limited doesn’t affect the firm. In a statement released on Wednesday, Ardova said the victory wasn’t over the firm, and not a party in the

October 19, 2022

Business·Oil & Gas

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Ardova

Stock Market Cap Shrinks To N28.40 trillion, Ardova, MRS Report Gains

Conoil, Ardova Among Losers’ List, Stock Market Cap Up By N11.43bn

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

Ardova Investors To Earn N16.8 billion, As Billionaire Plans Takeover

Guinness, Ardova Shareholders Report Loss, As Seplat, NAHCO, Others Gain Big

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

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