The oil and gas industry generated over N493.77 billion in revenue in the third quarter (Q3) of 2023, with Seplat closing the period as the best-performing...
Conoil Producing Limited has been accused by Eastline Energy Resources Limited of being a corporate fraud and allegedly having a felon as a director in the...
Companies operating in the Nigerian oil and gas sector have dominated trading activities in the capital market in the last week as investors mop up oil...
Investment in the Nigerian bourse lost N14.61 billion or depreciated by -0.04 per cent on Friday, as the stock market capitalisation fell to N30.39 trillion, from...
Investors in the Nigerian capital market lost N37.02 billion to sell-off in Japaul Gold and UAC Nigeria, among others on Tuesday. After five hours of trading...
It’s been two years since the oil industry experienced a meltdown in their earnings, with oil price falling to as low as $20 due to Coronavirus outbreak and...
Investors at the Nigerian capital market lost N97.2 billion following the dip in equity capitalization by 0.3 percent on Wednesday. Consequently, the equity capitalization dropped from...
This week’s stocks watchlist consist of First Bank, Vitafoam, Conoil and Cutix, with the firms getting a mention due to capital market activities and on-field. Ripples...
Conoil investors lost 14.9 percent of their investments in the oil giants after a report emerged on November 6 that the company’s facility in Bayelsa State...
The First Half [H1] of 2021 is cost saving season for Conoil management, as the board took a pay cut amid rising expenses on production of...
Petroleum marketer, Conoil Plc, has declared its profit for the nine month period to September contracted by 35% relative to the same period of 2019, with...
The Nigerian bourse posted gains last Tuesday, Wednesday and Friday while trade for the rest days ended in red with the corporate actions of the week...
The Nigerian equity market closed on an upbeat note Friday, triggered by gains in blue-chip stocks. However, a positive market breadth was recorded as 29 losers...
The market recorded gains in all its four sessions this week with no activity recorded on Monday being public holiday commemorating Easter. Nigerian Breweries, Conoil and...
Billionaire businessman Aliko Dangote and oil and telecoms mogul, Mike Adenuga have clinched top spots on Forbes’s list of world’s black billionaires for the year 2019....
The Nigerian Stock Exchange (NSE) said it had lifted the suspension it placed on the trading in the shares of Conoil Plc. effective today, Wednesday, August...
The Nigerian Stock Exchange (NSE) has announced the suspension of trading in the shares of Conoil Plc. over failure to file its financial accounts as stipulated...
Downstream oil major, Conoil Plc, appeared to be in a world apart as the petroleum-marketing company continued its latest strides with a 54 per cent growth...
Downstream oil major, Conoil Plc, on Thursday announced that it would be distributing N2.08 billion as cash dividends to shareholders for the 2015 business year, sending...
As part of efforts to address the shortage of petroleum products in the country, President Muhammadu Buhari has approved fuel import allocations to 29 oil marketing...
