Led by the visionary Mike Adenuga, Conoil has firmly established its dominance in Nigeria’s petroleum marketing arena.
Conoil
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- West & Central Africa
Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders
Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria’s petroleum marketing industry.
- West & Central Africa
Nigerian billionaire Mike Adenuga in spotlight over $260-million debt and bribery allegations
Adenuga, whose net worth stands at $3.5 billion, ranks as one of Nigeria’s most prominent and wealthiest businessmen.
- West & Central Africa
Nigerian billionaire Mike Adenuga’s oil marketing firm nets $8.12-million profit in H1 2023
Adenuga maintains a majority stake of 74.4 percent, or 516,298,603 shares, in the oil marketing business.
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Adenuga holds a majority 74.4-percent stake in the company, solidifying his position as a leading investor on the Nigerian Exchange.
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Adenuga controls a majority stake of 74.4 percent in Conoil.
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Adenuga remains one of Nigeria’s and Africa’s top billionaires.
- Hot News
Contractor drags Nigerian billionaire Mike Adenuga’s firm to court over alleged $775,000 debt
This follows allegations made against Conoil in March 2022 by a group of local oil contractors.
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Adenuga holds a majority stake in the oil marketing business.
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Adenuga holds a 74.4-percent stake in the oil marketing business.