Lagos, Nigeria: 3 February 2026
Aradel Holdings Plc reports strong Full Year Unaudited 2025 results with 55% Profit after Tax growth, underpinned by disciplined M&A execution and long-term value creation.
Aradel Holdings Plc (“Aradel” or “Aradel Holdings” or the “Company” or the “Group”), Nigeria’s leading integrated energy company announces its unaudited results for the year ended 31 December 2025.
Mr. Adegbite Falade, Chief Executive Officer, said:
“Aradel delivered a strong and resilient performance in 2025, reflecting the quality of our asset base, disciplined execution, and the inherent resilience of our diversified energy portfolio. Despite operating in a dynamic environment, we achieved meaningful growth across our upstream, gas, and refining businesses.
During the year, we advanced our acquisition-led growth strategy with the completion of two landmark transactions: the acquisition of a 33.3% effective equity interest (comprising 12.5% directly by Aradel Energy; and 20.8% indirectly through ND Western Limited) in Renaissance Africa Energy Company Limited, operator of the Renaissance Joint Venture (formerly known as the SPDC Joint Venture), and the purchase of an additional 40% equity interest in ND Western Limited.
The acquisition of the additional interest in ND Western Limited represents a significant milestone for the Group. It is fully aligned with Aradel’s long-term strategy of disciplined portfolio consolidation, asset base expansion, and sustainable value creation, and it further strengthens our strategic position within Nigeria’s upstream oil and gas sector. The completion of the NDW transaction increases Aradel’s effective interest in ND Western Limited to 81.67% and the Renaissance Africa Energy Company Limited to 53.33%.
Looking ahead, our focus in 2026 is on consolidating our expanded portfolio to enhance operational scale, improve efficiency across our assets, increase production and further diversify our revenue base in support of long-term shareholder value.”
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Click here to view FY 2025 unaudited results
