Nigerian billionaire Mike Adenuga’s Conoil posts 262% jump in nine-month profit
Billionaires Africa | 03.11.2026 18:42
Conoil Plc, the Nigerian fuel marketer controlled by billionaire Mike Adenuga, more than tripled its profit in the first nine months of 2026 as higher fuel sales lifted revenue, though rising borrowing costs ate into its earnings in the third quarter.
