Tag: Mike Adenuga

Mike Adenuga’s Associate Speaks Out Amid Globacom Chairman’s Death Rumour

Ganiyu Amodu

      Chief Dele Momodu, an ally of Billionaire Mike Adenuga, has said the rumoured death of the Chairman of Globacom and Conoil is ‘fake news.’ Momodu said as of Tuesday evening, November 19, 2024, Adenuga was at his desk working. The media entrepreneur disclosed that Adenuga “just called me to thank everyone for their concern.” ‘Dangote Sells Fuel From Crude Oil He Bought In Naira to Foreign Markets In Dollar’ Conoil Shareholders Get N1.73bn Dividend Payout As Revenue Hits 201.38bn Oil, Gas Association’s Ex-Chairman Jailed Shell, AFC, GTBank,…

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Conoil Pays N1.73bn Dividends, Posts 13.7% Profit Surge

Scott Matthew

Shareholders of nation’s total energy provider Conoil Plc, at the weekend, reportedly approved the proposed final dividend payout of N1.734 billion, which translates to N2.50 per share, for the 2021 financial year. The dividend payment ratified at the company’s 52nd Annual General Meeting held in Lagos, according to a statement from the company, “represents an increase of 66.7 percent over the approved dividend payment of N1.04 billion in the 2020 financial year.” Conoil had assured the shareholders of its commitment to continue to deliver strong and sustainable performance that would…

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