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Conoil

Conoil Plc's Shareholders Approve N1.734 Billion Dividend Payout for 2022

Conoil Revenue Drops To N203.82bn, Profit Crashes By 87.91%

Conoil Plc’s revenue dropped by 18.18 percent to N203.82 billion between January and September 2025, from N249.13 billion in the first nine months of 2024. The company announced the decline in turnover in its unaudited financial statements for the period ended September
November 19, 2025
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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
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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

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