Aradel Holdings posts strong 2025 results, raises stake in Renaissance to 53.3%
Aradel Holdings Plc held its 31st AGM virtually on July 30, 2026, announcing strong 2025 performance driven by acquisition of additional 40% interest in ND Western Limited, lifting its effective equity in Renaissance Africa Energy Company to 53.3%. Chairman Osten Olorunsola and MD/CEO Adegbite Falade highlighted improved production, gas commercialisation, downstream expansion, governance, and safety milestones.
The acquisition expands Aradel’s reserves, production base and operational footprint, positioning the company for greater scale across Nigeria’s energy value chain. Marking over three decades of continuous existence, the AGM underscores Aradel’s role as a leading indigenous energy firm capable of sustaining long-term value for shareholders and the Nigerian economy.
The company will focus on disciplined execution and strategic investment moving forward. Shareholders can expect continued value creation as Aradel integrates ND Western and pursues further growth. With the AGM reaffirming commitment to governance and sustainability, investors may consider how this strengthens Aradel’s outlook in Nigeria’s evolving energy sector.