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Acestea sunt semne bune că vor oferi mult

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Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

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Tag: Conoil Plc

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Conoil drives market recovery as investors gain N131bn

The Nigerian Exchange Limited reversed its six-day losing streak on Tuesday, with investors gaining N131 billion, fueled by notable share price increases in Conoil and JohnHolt. Both stocks rose by 9.93% and 9.92%, respectively, helping to drive the market out of the red zone. The market had suffered a combined loss of over N1.3 trillion […]

Conoil to issue N1.73bn dividend to shareholders
Business

Conoil to issue N1.73bn dividend to shareholders

Conoil Plc would distribute N1.73 billion to its shareholders as a dividend. This equals N2.50 per share for the fiscal year 2022. The Punch reported that the major oil marketer said in a statement released over the weekend. It stated that despite the country’s growth challenges and the challenging operating environment, its profit before tax increased […]

Oil and Gas

Conoil records N90bn revenue in nine months

Petroleum products marketing firm, Conoil Plc has reported a profit of N90.29 billion in the first 9 months of 2022. According to Nairametrics, before taxes, the company made N2.9 billion in the first nine months of the year, compared to N1.59 billion during the same time last year. It recorded a gross profit margin of […]