Craft

Ardova

Revenue

₦240.8 B

FY, 2022

Ardova Summary

Company Summary

Overview
Ardova (formerly known as Forte Oil) is an integrated energy company engaged in the marketing of petroleum products directed at the automobile, industrial, aviation, and marine markets. It distributes petrol, diesel, kerosene, lubricants, oils, liquefied petroleum gas, and other products.
Type
Private
Status
Active
Founded
1964
HQ
Lagos, NG | view all locations
Website
https://ardovaplc.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Olumide Adeosun

    Olumide Adeosun, Chief Executive Officer and Director

  • Moshood Olajide

    Moshood Olajide, Chief Financial Officer and Director

  • Oladeinde Nelson-Cole

    Oladeinde Nelson-Cole, Company Secretary and General Counsel

    • Oluseun Ismail

    LocationsView all

    4 locations detected

    • Lagos, LA HQ

      Nigeria

      1 AP/ConOil Road, Ijora-Apapa

    • Abuja, Federal Capital Territory

      Nigeria

      No 28 Adetokunbo Ademola Cres, Wuse

    • Ikeja, LA

      Nigeria

      Murtala Mohammed Local Airport

    • Lagos, LA

      Nigeria

      Plot 89A Ajose Adeogun Street

    Ardova Financials

    Summary Financials

    Revenue (FY, 2022)
    ₦240.8B
    Gross profit (FY, 2022)
    ₦17.6B
    Net income (FY, 2022)
    (₦7.6B)
    Cash (FY, 2022)
    ₦602.0M
    EBIT (FY, 2022)
    (₦2.5B)

    Footer menu