With the key investments it spearheaded in 2021, especially its newly acquired Enyo Retail and Supply Ltd, Ardova Plc, at the weekend assured that the firm is well positioned to sustain its growth...
As Nigerians across different sectors feel the impact of the high cost of petroleum products, major marketers under the aegis of Major Oil Marketers Association of Nigeria ...
Except local refiners put patriotism above profit, it might be difficult to focus more on the domestic market in selling refined fuel, considering that they can make more in a competitive market..
The Chairman, Major Oil Marketers Association of Nigeria (MOMAN), Olumide Adeosun, has stated that the Federal Government's suspension of the Petroleum Industry Act (PIA) would create more uncertainties in the nation's downstream sector.
Ardova Plc has announced that the company would conclude the construction of its West Africa's largest Liquefied Petroleum Gas (LPG) storage facility by December 2022. Already, the company held a groundbreaking ceremony recently to commemorate the ongoing construction of the new world-class LPG storage facility at the Ijora-Lagos office. The LPG facility, which will sit…
22 Nov 2021
Ardova Plc has announced that the N25.3 billion Series 1 fixed rate senior unsecured bond issue under its N60 billion debt issuance programme would be deployed into the company's project expansion and boosting working capital.
2 Sep 2020
Ardova Plc has attributed the increase in profit in its audited result for the full year ended December 31, 2019 to a strategic focus on improving operational efficiencies through leveraging...
15 Jun 2016
PricewaterhouseCoopers (PwC) has identified five-point plan to achieve universal access to electricity.PwC in a report titled: “Electricity beyond the grid: accelerating access to sustainable power...