Browse Tag

Conoil

Oil Billionaires Who Recorded Losses In H1 2025

Five major investors of oil companies listed on the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, recorded a decline in their investments within the first half (H1) of 2025, according to Prime Business Africa’s analysis. PBA gathered that

August 20, 2025

Business·Top Stories

Conoil, Ellah Lakes Among Losers As Stock Market Cap Drops By N662.50bn

Over N662.50 billion was lost in the Nigerian stock market on Wednesday, August 20, after the market capitalisation of the bourse dropped to N89.56 trillion, from the previous day’s N90.22 trillion. The decline followed a 1,047.17 basis points loss by the all-share

August 20, 2025

Business·Top Stories

Mike Adenuga Loses N94.60bn In Conoil Investment

In the first half (H1) of 2025, Mike Adenuga, a Nigerian business mogul, lost N94.60 billion in his investment in Conoil Plc, according to Prime Business Africa’s analysis. Adenuga holds indirect shares of 103.25 million and another indirect shareholding of 516,29 million,

July 29, 2025

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business·Top Stories

Conoil, Legend Internet, Others Wipe Off N47.97bn From Stock Market Cap

About N47.97 billion was wiped off the equity capitalisation of the Nigerian stock exchange on Friday, May 30, after the shares of Conoil, Beta Glass, and others depreciated at the end of trading. The stock market capitalisation fell to N70.46 trillion from

May 30, 2025

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·Insights

What’s Happening To Mike Adenuga: Drops On Billionaire Ranking, As Glo Loses Almost N0.2billion Investment

Globacom founder, Mike Adenuga, began last year as the fourth richest man in Africa, a position he held alongside South African Fashion and retail business mogul, Johann Rupert. However, Rupert’s has gone on to become the second richest person on the continent

June 29, 2022

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Conoil

Oil Billionaires Who Recorded Losses In H1 2025

Conoil, Ellah Lakes Among Losers As Stock Market Cap Drops By N662.50bn

Mike Adenuga Loses N94.60bn In Conoil Investment

Conoil, Legend Internet, Others Wipe Off N47.97bn From Stock Market Cap

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

What’s Happening To Mike Adenuga: Drops On Billionaire Ranking, As Glo Loses Almost N0.2billion Investment

Featured Stories

Gino World Jollof Rice Festival, Hilda Baci and the Power of Brand Building

DELTA-2: Govt Agencies Push To Commercialise Nigerian Research, Drive Jobs For $1 Trillion Economy

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

Whatsapp Channel

Latest News

Emmys 2025: ‘Adolescence’ Win Big, Full Winners List

Tracy, Denari Evicted From BBNaija Season 10

Jamaica’s Seville Blazes to 100m World Title as Ajayi Sparks Nigerian Sprint Revival

Gino World Jollof Rice Festival, Hilda Baci and the Power of Brand Building

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

Naira Rises To N1,500/$ At Official Market

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

Emmys 2025: ‘Adolescence’ Win Big, Full Winners List

Suggestions

Conoil

Featured Stories

Follow Us

Whatsapp Channel

Latest News