Tag: Conoil

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Nigerian billionaire Mike Adenuga’s Conoil earns over $4.3 million in profit in H1 2022

Adenuga holds a 74.4-percent stake in the oil marketing business.

Nigerian billionaire Mike Adenuga earns over $3.6 million in single day from Conoil

So far this year, the company's share price has increased by 45.4 percent.

Nigerian billionaire Mike Adenuga’s Conoil reports $1.34 million in profit in Q1 2022

Adenuga's 74.4-percent stake in the company is worth $32.6 million.

Nigerian billionaire Mike Adenuga gains $5.2 million from stake in oil company

Conoil is a Nigerian petroleum marketing company led by Adenuga, who owns 74.4 percent of the company.

Billionaire Mike Adenuga to receive $3.1 million in dividends from Nigerian oil company

The $3.1-million dividend represents a 66.7-percent increase over the previous year's dividend of $1.86 million from Conoil Plc.


America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth

Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth

Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars

This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.

Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.

Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan

The announcement came during a meeting between Egypt's second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.