Profit surge in FY 2024: Aradel reported strong profit growth driven by higher crude oil prices, increased production from OML 54, and efficiency gains across its refining and distribution segments.
Source: https://nairametrics.com/2025/05/27/aradel-holdings-reports-strong-fy-2024-earnings/
₦30 dividend declared for 2024: The Board approved a final dividend of ₦30 per share, reflecting consistent shareholder return policies.
Source: https://www.thisdaylive.com/index.php/2025/03/30/aradel-declares-n30-dividend-for-fy-2024/
Energy transition strategy: Aradel announced investments in gas and renewable ventures to diversify revenue streams and align with Nigeria’s energy transition plan.
Source: https://businessday.ng/companies/article/aradel-holdings-to-expand-into-gas-and-renewables/
Expansion of Ogbele Refinery: Aradel expanded its modular refinery capacity to 11,000 barrels per day, aiming to boost local petroleum product supply.
Source: https://nairametrics.com/2024/12/12/aradel-expands-ogbele-refinery-capacity/
Aradel reported H1 2025 unaudited results: Revenue ₦368.1 billion (up 37.2% YoY) and Profit after Tax ₦146.4 billion (up 40.2%). Source: https://www.aradel.com/aradel-holdings-plc-reports-h1-2025-unaudited-results-revenue-of-%E2%82%A6368-1-billion-up-37-2-and-profit-after-tax-of-%E2%82%A6146-4-billion-up-40-2/ and H1 PDF https://www.aradel.com/wp-content/uploads/2025/07/Press-Release-H1-2025-Unaudited-Results.pdf
Aradel renewed contractual gas-supply commitment to NLNG (Gas Supply Agreement through Aradel Gas Ltd) — announced Aug 24, 2025. Source: https://www.aradel.com/aradel-holdings-plc-renews-contractual-commitment-to-supply-gas-to-nlng/
Aradel announced board changes (new director appointments effective 25 Jul 2025). Source: https://www.aradel.com/aradel-holdings-plc-announces-board-changes/
Aradel celebrated 20 years of continuous production (Ogbele Field milestone) — Aug 28, 2025. Source: https://www.aradel.com/aradel-holdings-plc-celebrates-20-years-of-continuous-production/
Aradel listed on NGX by introduction (public announcement and listing documents; listing occurred Oct 14, 2024; listing memorandum contains corporate / financial detail). Source: listing memorandum and coverage: https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Aradel%20Holdings%20Plc%27s%20Listing%20Memorandum.pdf and news: https://www.thisdaylive.com/2024/06/11/aradel-declares-n170-dividend-per-share-as-shareholders-approve-listing-of-firm-on-ngx/
Aradel declared an interim dividend of ₦8.00 per share (announcement 30 Oct 2024; paid 27 Nov 2024). Source: https://www.aradel.com/aradel-holdings-plc-proposes-%E2%82%A68-interim-dividend-per-share-to-shareholders/ and NGX corporate action PDF: https://doclib.ngxgroup.com/Financial_NewsDocs/42527_ARADEL_HOLDINGS_PLC-ARADEL_PRESS_RELEASE_%28Q3_UFS%29_CORPORATE_ACTIONS_OCTOBER_2024.pdf