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Tag "Ardova Plc"

Sowami completes acquisition of Ardova, pays $19m arbitration award to Otedola

    Sowami completes acquisition of Ardova, pays $19m arbitration award to Otedola

Abdul Wasiu Sowami, chairman of Ardova Plc, has completed the acquisition of the oil company from Femi Otedola, Nigeria’s billionaire business mogul. The chairman has also settled a $19 million

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Ardova doubles loss to N7.6bn as costs consume revenue

    Ardova doubles loss to N7.6bn as costs consume revenue

Ardova Plc, the petroleum marketing company, closed the 2022 operations with a net loss of N7.6 billion for the group — double the N3.8 billion it posted at the end

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Ardova’s loss swells in Q3 to N4.3bn

    Ardova’s loss swells in Q3 to N4.3bn

Ardova Plc, the petroleum marketing company, went deeper into the red in the third quarter with its loss position swelling from N1.1 billion at half year to N4.3 billion at

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‘We’re not a party’ — Ardova Plc reacts to winding-up suit against Prudent Energy

    ‘We’re not a party’ — Ardova Plc reacts to winding-up suit against Prudent Energy

The management of Ardova Plc says there are no winding-up petitions filed against the company.  In a corporate filing on the Nigerian Exchange (NGX) on Tuesday, Oladehinde Nelson-Cole, Ardova’s company

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Zenon Petroleum asks court to wind up Prudent Energy over ‘$6m debt’

  Zenon Petroleum asks court to wind up Prudent Energy over ‘$6m debt’

Zenon Petroleum and Gas Limited has filed a winding-up suit against Prudent Energy and Services Limited, the parent company of

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TIMELINE: Bad fuel, foul fuel, off-spec — Nigeria’s history with bad petrol

  TIMELINE: Bad fuel, foul fuel, off-spec — Nigeria’s history with bad petrol

On Tuesday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said it found methanol above national specifications in the

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Ardova acquires Enyo retail outlets

  Ardova acquires Enyo retail outlets

Ardova Plc, an indigenous energy company, says it has acquired a 100 percent equity stake in Enyo Retail and Supply

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Ardova Plc moves to acquire Enyo retail outlets

  Ardova Plc moves to acquire Enyo retail outlets

Ardova Plc (AP), a Nigerian integrated energy company, says it has entered discussions with the shareholders of Enyo Retail and

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