CONFUSION, yesterday, trailed the alleged bomb attack on Conoil facility in Bayelsa State, as a Niger Delta militant group called Koluama Seven Brothers, said it carried out a “warning” strike on the facility, while the Joint Military Task Force, JTF, Nigeria Security and Civil Defence Corps, NSCDC, and residents said it was not true. The […]
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Conoil Plc, a major petroleum products marketer, has reported growths in its unaudited results for the nine months ended September 30, 2018. The improved performance was supported by a strong growth in sales volume and a significant reduction in cost of funds. The results showed that Conoil continued to weather the stormy operating environment in […]
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Conoil Plc has lived up to its pledge to maintain its growth momentum as the company’s recorded improved performance in the first half, H1’18 with profit soaring by 29 percent to ₦809.78 million. The unaudited half year report of the company released by the Nigerian Stock Exchange (NSE) showed that notwithstanding the tough economic environment, […]
Read More Conoil Plc grew its top-line by about 10 per cent to ₦70.23 billion in the third quarter as the petroleum-marketing company braced against industry challenges to sustain positive outlook. Key extracts of the nine-month report for the period ended September 30, 2017 showed that Conoil grew its turnover to ₦70.2 billion in third quarter 2017 […]
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The Nigerian Stock Exchange (NSE) on Monday said Conoil and 10 other quoted companies have failed to file their 2016 audited results within the stipulated time. The exchange said in a statement in Lagos that the defaulting companies included Capital Hotel, Niger Insurance, A G Leventis, African Alliance Insurance and Austin Laz Company. Others are […]
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Conoil Plc continued to ride on the back of improved cost efficiency as the downstream oil major grew profit before tax by 54 per cent to N2.72 billion in the third quarter. Key extracts of the nine-month report of Conoil for the period ended September 30, 2016 released yesterday at the Nigerian Stock Exchange (NSE) […]
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