Conoil Plc

Conoil Plc has declared a final dividend of N3.50 per 50 kobo ordinary share for the financial year ending 31 December 2024, pending necessary withholding tax and shareholder approval. Shareholders whose names appear in the Register of…

Conoil Plc has reported an 18.2 per cent drop in revenue and a 87.9 per cent drop in profit, driven by higher borrowing costs. The sharp downturn in earnings of the petroleum marketing company for the nine months ended September 30,…

The stock market bull has run a great distance this year so far, but several companies, big and small, have missed the boat. The bull, driving equities, has multiplied four to five times their year’s opening prices in less than seven…

A major reshuffling has occurred on the Nigerian Exchange Limited (NGX) as Wema Bank and Aradel Holdings debut on the prestigious NGX 30 Index, replacing ConOil and Julius Berger…

Nigeria's equities market continued its upward trajectory on Thursday, rallying a N152 billion gain as the All-Share Index (ASI) and equities market capitalisation recorded gains at the close of trading. The ASI rose to 98,760.59 points,…

Conoil Plc is reaping the dividend of petroleum price deregulation with profit multiplying roughly three and half times to over N6 billion at the end of half-year trading. Strong growth in sales with significantly improved margins is the…

The new week opened with negative sentiment toward equities ss the Nigerian Exchange Limited (NGX) leading to the NGX's All-Share Index (ASI) losing 68.45 index points or 0.13 per cent to close at 52,911.51 basis points down from its…

The Nigerian stock market returned positive Wednesday following days of losses as the bulls marginally edged the bears in terms of value on the (NGX) Wednesday. The All-Share Index (ASI) gained 7.38 index points or 0.01 percent to close…

The market capitalisation of Seplat Petroleum Development Company Plc rose by N29.128 billion, representing a 10 per cent growth in its total market base. The market capitalisation opened at N291,280 billion at Monday's trading session…

UMORU ABDULKADIR The Nigerian equities market on Tuesday closed positive as the twin indicators of the market increased by 0.18 percent respectively. Specifically, the All-Share Index added 48.35 basis points or…