Oil & Gas
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CONOIL AT N5.3BN PROFIT: CAN N280BN REVENUE FINALLY BECOME CASH FOR SHAREHOLDERS?
Conoil Plc has just done what looked impossible a year ago. Revenue N280.1 billion in nine months against N143.6 billion…
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ARADEL HOLDINGS: HOW A N4 TRILLION REVENUE GIANT TURNED LEVERAGE INTO LEVERAGE
When Aradel Holdings published its unaudited 9-month result to September 2026, the headline numbers created instant confusion. Revenue had exploded…
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ARADEL’S Q3 STORM: HOW A N147 BILLION QUARTERLY LOSS TESTED A N3.9 TRILLION NINE-MONTH MIRACLE
Aradel Holdings’ 9-month result to September 2026 reads like two different companies stitched into one statement. For nine months, the…
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ARADEL HOLDINGS: HOW A N4 TRILLION REVENUE GIANT TURNED LEVERAGE INTO LEVERAGE
When Aradel Holdings published its unaudited 9-month result to September 2026, the headline numbers created instant confusion. Revenue had exploded…
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ARADEL’S Q3 2026 STORM: HOW A N147 BILLION QUARTERLY LOSS TESTED A N3.9 TRILLION NINE-MONTH MIRACLE
Aradel Holdings’ 9-month result to September 2026 reads like two different companies stitched into one statement. For nine months, the…
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TOTAL PLC: HOW 12.6% TOPLINE GROWTH TURNED A N14.1 BILLION LOSS INTO N5.8 BILLION PROFIT
TotalEnergies Marketing Nigeria Plc’s 9M’26 result is a classic case of a downstream oil marketer using what it cannot control…
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TOTALENERGIES NIGERIA STAGES COMEBACK, POSTS N5BN PROFIT AFTER N14BN LOSS
When TotalEnergies Marketing Nigeria Plc closed 9M 2025 with a staggering N14.1 billion loss and a negative cash position of…
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Saudi Arabia Becomes the Oil Market’s Biggest Wild Card – OIR 161026
Brent crude traded within a narrow range around US$105 per barrel during the week ended 16 October 2026. In his…
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SHELL NIGERIA: From Troubled Onshore Legacy To Deepwater And Gas Future
For 88 years, Shell has been inseparable from Nigeria’s oil story. It began as Shell D’Arcy in 1937, discovered the…
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NNPCL Questionable Profitability
When a national oil company declares N7.2 trillion profit after tax at a time its sales are falling, the market…
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