Ardova

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Stock Market Cap Shrinks To N28.40 trillion, Ardova, MRS Report Gains

Over N26.03 billion was lost on Thursday, 11 May, following -0.09 per cent decline in the stock market capitalisation, which contracted to N28.40 trillion, from N28.42 trillion posted on Wednesday, 10 May.

Fakoyejo Olalekan

2 years ago

Business·Markets

Conoil, Ardova Among Losers’ List, Stock Market Cap Up By N11.43bn

On Thursday, the Nigerian bourse appreciated by 0.03 per cent or N11.43 billion, closing at N30.40 trillion, from N30.39 trillion. The All-Share Index rose slightly by 21 basis points to close at

Fakoyejo Olalekan

2 years ago

Business

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

On Monday, 6 February 2023, Ardova announced that its majority investor, Ignite Investments & Commodities Limited, has offered to buy out its minority shareholders. Ignite Investments tabled N17.38 per share offer to

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Ardova Investors To Earn N16.8 billion, As Billionaire Plans Takeover

Ignite Investments & Commodities Limited has informed Ardova investors that the majority shareholder is willing to buy their stake for N17.38 per share to take the company private. In a statement dated

Fakoyejo Olalekan

2 years ago

Business·Markets

Guinness, Ardova Shareholders Report Loss, As Seplat, NAHCO, Others Gain Big

About N142.16 billion was gained in the Nigerian stock market on Wednesday, 1, February 2023, after the bourse’s equity capitalisation rose from N28.99 trillion to N29.13 trillion. Similarly, the All-Share Index rose

Fakoyejo Olalekan

2 years ago

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Oil & Gas

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Plc has stated that the court victory of Zenon Petroleum and Gas Limited over Ignite Investment Limited doesn’t affect the firm. In a statement released on Wednesday, Ardova said the victory

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Oil and gas firm, Ardova, has denied it is winding up, after Femi Otedola’s Zenon Petroleum and Gas Limited filed a case against its majority shareholder, Prudent Energy & Services Limited (PESL).

Fakoyejo Olalekan

2 years ago

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Stock Market Cap Shrinks To N28.40 trillion, Ardova, MRS Report Gains

Conoil, Ardova Among Losers’ List, Stock Market Cap Up By N11.43bn

Ardova Suffers Investor Apathy, Oil Firm’s Shareholders Lose Investments

Ardova Investors To Earn N16.8 billion, As Billionaire Plans Takeover

Guinness, Ardova Shareholders Report Loss, As Seplat, NAHCO, Others Gain Big

Ardova Reacts To Alleged Dispute With Femi Otedola’s Firm Amid Court Case

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

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