WorldStage– Six months after the resignation of its former secretary David Lanre-Leke, Conoil Plc at the weekend disclosed the exit, and its replacement on the Nigeria Exchange Limited (NGX)
According to the February-20 disclosure on NGX dated November 13, 2025, Lanre-Leke resigned from the company September 8, last year. The reason for his resignation was not disclosed.
“Further notice is hereby given that Mr. Bolaji Owolabi has been appointed as the acting secretary of the company effective November 12, 2025,” the February disclosure stated.
Chapter 17 of the NGX Rulebook states a company must release board meeting outcomes within 24 hours of the meeting or receipt of regulatory approval. Of all material information that deserves disclosure, only annual audited reports could take 90 days to disclose after the end of a financial year.
It is not clear yet why Conoil backdated to November last year a disclosure it made in February 2026 when Lanre-Leke actually resigned in September 2025. Nor did the company state why it waited six months before disclosing the resignation to the NGX and the investing public.
But the total number of disclosure the company made between November 1, 2025 and February 20, 2028 added up to six on the NGX. And only the February 20 disclosure related to the Lanre-Leke resignation six months ago.
Somehow, the disclosure document dated November 13, 2025 also found its way to the Nigeria Stock Exchange old website last updated in 2021.
Lanre-Leke became Conoil secretary and legal adviser June 27, 2024, replacing Conrad Eberemu.
