L-R: Bolaji Owolabi, acting company secretary; Ebi Omatshola, non-executive director; Ike Oraekwuotu, acting managing director; and Ismail Salam, finance director all of Conoil plc, at the Annual General Meeting of the company held in Uyo, Akwa Ibom State
Conoil Plc has reaffirmed its resilience and strategic focus as a leading force in Nigeria’s downstream petroleum sector, announcing a proposed dividend payout of N2.428 billion for the 2024 financial year.
The announcement, which translates to 350 kobo per 50 kobo share, was made at the Compan
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Modestus Anaesoronye
Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd.
A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia.
Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.
