Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Category : Search result: Conoil Plc
Conoil Pays ₦2.43bn Dividend to Shareholders for 2024
Conoil Plc announces a massive ₦2.428 billion dividend payout for 2024, rewarding shareholders with 350 kobo per share. Discover how the company achieved 60.5% revenue growth amidst Nigeria's economic challenges.
Bodo-Bonny Road Temporarily Opened for Christmas Travel
President Tinubu has ordered the temporary opening of the 35.7km Bodo-Bonny Road to ease festive travel. The road will operate daily from 7 am to 7 pm, with restrictions on heavy vehicles. Read more.
Awele Elumelu to Chair Transcorp Hotels Board
Transcorp Hotels Plc appoints Dr Awele Vivien Elumelu as its new Board Chair effective January 1, 2026. Discover her vision for innovation and growth in Nigeria's hospitality sector.
IBPlc Unveils New Budweiser Royale Beer in Lagos
International Breweries Plc (IBPlc) has launched its new flagship beer, Budweiser Royale, in Nigeria. The event in Lagos featured top executives and a campaign promoting confidence and achievement. Discover the brand's vision.
Lafarge Trains 100 Persons with Disabilities in Lagos
Lafarge Africa Plc, with partners LSETF and Tunde Onakoya, celebrates beneficiaries of its Disability-to-Ability programme, training 100 PWDs in Lagos for self-reliance. Read more.
Folarin wins 11th Alake Golf Tournament in Abeokuta
Dayo Folarin emerged victorious at the 11th Alake Golf Tournament in Abeokuta, defeating over 130 players. Discover all the winners and highlights from the prestigious event.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
Edo Land Revocation Sparks Investor Nightmare
The alleged revocation of Presco Plc's C of O by the Edo State government risks billions in agro-investments and 15,000+ jobs. Will political moves derail the state's economic growth? Read more.
Oando inducted into Corporate Governance Society
Oando Plc has been formally inducted into the Society for Corporate Governance Nigeria, affirming its commitment to ethical leadership and transparency in business operations.
NGO Commends Okpebholo Over Presco Land Controversy
Edo State Governor Monday Okpebholo earns praise for swiftly disowning an unauthorized land revocation notice against Presco Plc, reinforcing investor confidence and transparent governance.
Edo Governor sacks EDOGIS MD over land dispute
Governor Monday Okpebholo fires EDOGIS MD Dr. Tony Ikpasajah for unauthorized revocation of 13,545 hectares from Presco Plc. New merit-based appointments for permanent secretaries announced.
Edo Govt Denies Revoking Presco Land Rights
Edo State government refutes an unauthorised notice revoking Presco Plc's land rights. Read the official statement and analysis on the state's commitment to investor protection.
NEM Insurance Assets Reach N165.46bn in Q3 2025
NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.
Universal Insurance Records 388% Profit Surge
Universal Insurance Plc reports N1.13bn post-tax profit for nine months ending September 2025, marking 388% growth. Driven by investment gains and premium growth. Read full analysis.
Presco Plc Launches ₦23.7B Rights Issue for Expansion
Leading Nigerian agro-industrial company Presco Plc announces strategic ₦23.7 billion rights issue to finance expansion projects and boost palm oil production capacity across Nigeria.
Presco Launches ₦250B Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc unveils ambitious ₦250 billion rights issue to finance expansion projects and strengthen market position in the competitive palm oil sector.
Presco Plc Launches ₦237B Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc announces massive ₦237 billion rights issue to drive expansion, strengthen market leadership, and enhance production capacity across West Africa.
Presco Plc Launches ₦250BN Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
CAP Plc Advocates Sustainable Paint Manufacturing in Nigeria
Chemical and Allied Products Plc leads Nigeria's paint industry toward safer, environmentally conscious manufacturing practices while maintaining quality standards.
Nigerian billionaire becomes Africa's 4th richest man
Nigerian telecom and oil magnate Mike Adenuga has surged past Egyptian billionaire Nassef Sawiris to claim the fourth spot on Africa's wealth ranking, marking a significant shift in the continent's billionaire landscape.
APPNL Gets Dual Credit Rating Upgrades
Africa Prudential PLC receives simultaneous rating upgrades from two leading agencies, signaling strong financial health and enhanced market confidence in Nigeria's business services sector.
DLM Funding SPV PLC Announces Major Capital Raise
DLM Funding SPV PLC reveals groundbreaking funding initiative with CBN approval, offering Nigerian investors access to high-yield debt securities through major stockbrokers.
NB Hits ₦1.04 Trillion Revenue in 9 Months
Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.
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