Browsing Tag

Conoil

Bayelsa Community Vacates Conoil’s Crude Production Flow Station Over Expired MoU

Nathan Nwakamma Mar 16, 2021 0

Residents of Koluama in Bayelsa have vacated a crude production flow station operated by Conoil Production at Ango field shut down on March 8, after a dialogue with the oil firm.The facility was shut over…

Government

NOSDRA, Environmentalists Expressed Concern Over Oil Spills in Conoil Facility

Nathan Nwakamma Jan 5, 2021 0

The National Oil Spills Detection and Response Agency (NOSDRA) and Environmentalists have expressed concern over the environmental impact of Conoil Producing Limited’s operations in Bayelsa.The concern were raised over the…

Business

The Stock Market Report May 22nd, 2020

Oladipupo Ehindero May 22, 2020 0

The All Share Index of the Nigeria Stock Exchange gained 1.80% today, Friday 22nd, 2020. This market the conclusion of a whole trading week of gains on the market.N2.8Billion was value traded, a far cry from the N5.4Billion recorded on…

Metro

Fuel Scarcity Returns To Abuja Despite NNPC Assurances

Ibukun Jan 13, 2018 0

Abuja was hit by a renewed fuel scarcity yesterday as 80% of petrol stations in the city claimed they did not have petroleum products to sell.This is only two days after Mr. Maikanti Baru the Group Managing Director of the Nigerian…

Business

NSE trading sustains negative trend, market capitalisation dips N294bn

Uju Aug 16, 2017 0

Major blue chip depreciated further on the Nigerian Stock Exchange (NSE) on Tuesday, forcing the market indicators to close negatively with loss of 2.25 per cent.The News Agency of Nigeria (NAN) reports that the market capitalisation shed…

Business

NSE market capitalisation hits N13trn mark, amid Nestle gain

Uju Aug 8, 2017 0

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday hit the N13 trillion mark, barely three weeks it crossed N12 trillion market, amid Nestle gain.The News Agency of Nigeria (NAN) reports that the market capitalisation…

Metro

EFCC recovers N328.9bn from Conoil, Oando, 7 others

Uju Jul 26, 2017 0

The Economic and Financial Crimes Commission (EFCC) says it has recovered a total of N328.9 billion from nine major oil marketers in one year.Spokesman of the commission, Mr Wilson Uwujaren, disclosed this in a statement on Wednesday in…

Business

Conoil declares N3.10 per share dividend for 2016

Uju Jun 22, 2017 0

Conoil Plc on Wednesday announced a total dividend of N2.15 billion for the financial year ended Dec. 31, 2016 in spite of challenging operating environment.The News Agency of Nigeria (NAN) reports that the dividend translated to N3.10…

Business

Nigerian stock market indices record 0.08% growth

Femi Famutimi Oct 6, 2016 0

Market indicators of the Nigerian Stock Exchange (NSE) on Thursday rebounded by 0.08 per cent, reversing the two-day downward trend.The News Agency of Nigeria (NAN) reports that the index improved by 22.50 points or 0.08 per cent to…

Business

Conoil Records 16% Profit Decline In Nine Months

Business Editor Nov 6, 2015 0

Conoil Plc has published its financial results for the nine month period ending 30th September, 2015 which showed a 42 per cent revenue decline to N60.2 billion from N104.2 billion in the corresponding period of 2014.As profit before…