Caverton Offshore Support Group, a provider of offshore services to the oil and gas industry, has recorded a growth of more than 15-fold in cash and cash equivalents despite after-loss which widened to N12.7 billion in 2023, BusinessDay analysis shows.
The firm’s after-tax loss widened to N12.7
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
