Nigeria

Ardova Posts Bigger Loss

Ardova Posts Bigger Loss

Lube Report EMEA - August 23, 2022

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported a net loss and a 16% increase in ...

Earnings Decrease for Castrol, Conoil

Earnings Decrease for Castrol, Conoil

Lube Report EMEA - August 9, 2022

BP’s Castrol segment reported a decrease in underlying replacement cost before interest and taxes for the second quart ...

Technology to Battle Substandard Lubes

Technology to Battle Substandard Lubes

Lube Report EMEA - May 3, 2022

Nigeria’s government and industry have worked for years to staunch the flow of substandard lubricants in the country. ...

Conoil Posts Higher Earnings

Conoil Posts Higher Earnings

Lube Report EMEA - March 29, 2022

Nigerian lubricants blender and marketer Conoil reported higher gross profit and sales for the fourth quarter of 2021 as ...

Ardova Loss Gets Bigger

Ardova Loss Gets Bigger

Lube Report EMEA - March 1, 2022

Nigerian blender and distributor Ardova PLC reported an enlarged operating loss and higher sales revenue for its lubrica ...

Profit, Revenue Jump at Ardova

Profit, Revenue Jump at Ardova

Lube Report EMEA - November 16, 2021

The lubricants and greases segment of Nigerian blender and distributor Ardova Plc posted an increase in net profit and a ...

Nigeria Mandates Lube Monitoring

Nigeria Mandates Lube Monitoring

Lube Report EMEA - August 31, 2021

Nigeria’s Department of Petroleum Resources is collaborating with the Standards Organization of Nigeria to curb supply ...

Import Restriction Removed in Nigeria

Import Restriction Removed in Nigeria

Lube Report EMEA - August 10, 2021

Nigerian lubricant manufacturers – along with producers of other petroleum products – are breathing easier after a p ...

Additive

Nigerian Official Urges More Exports

Lube Report EMEA - August 23, 2020

An official with Nigeria’s petroleum department exhorted the country’s lubricant blenders recently to increase the v ...

Additive

Nigerias State Oil Company to Enter Lubes Market

Lube Report EMEA - January 22, 2019

State-owned Nigerian National Petroleum Corp. is entering the finished lubricant business, stating that it will commence ...

Additive

Nigerian Blenders Poised for Growth

Lubes'n'Greases EMEA - December 20, 2013

Nigeria is a huge market for lubricants that has grown significantly since the industry was deregulated in 1991. The cou ...

Additive

Synlubes, Made in Nigeria

Lube Report - July 24, 2013

Lubcon Nigeria Ltd. has produced Rugged Elite 5W-40, a synthetic motor oil that claims to be the first synthetic lubrica ...