We registered & commenced business operations as a petroleum marketing & logistics company in Nigeria under the name - Cydene Energy Services Limited
We expanded operations into retailing and fleet management.
Cydene Supply Limited establishes product storage agreement & Licensee operations with Techno Oil Limited
Cydene Supply Limted establishes itself as a offtaker with Vitol S.A, Trafigura, Mocoh etc and begins terminal supplies within Nigeria.
We acquired majority stake in an IT & Cloud Solutions startup and rebranded as Cydene Data Solutions Limited as Cydene Technical management of Cydene Express.
Cydene Data Solutions Limited concludes Microfinance License Agreements to regulate Cydene Express finance operations with Hackman MB
CDS officially launches On-Demand Diesel, Electricity & Cooking Gas delivery application.
Cydene Express rebranded to PowerUp with a renewed focus on Power Units, Power Overdrafts & bills Aggregation.
Cydene Supply establishes bulk product supply & off-take relationship with NNPC Limited
Cydene Supply establishes bulk product supply & off-take relationship with BOST Limited Ghana.
Mutually Beneficial Relationships
Power Moves
Our story is one rooted in a dogged drive in building the largest energy distribution network globally
Operational Transparency
In building a firm worthy of partnership, we have the responsibility to be transparent with our intentions and an obligation to deliver convenience, regardless of the economic situation.
Financial Strength
Cydene can actively engage in pre-financing and investment opportunities because of its robust, prudently managed balance sheet.
Customer Service
We hold ourselves and each other accountable for honouring customer relationship contracts through our transactions daily. We understand that quality and competitive pricing are two key factors that have no substitutes in our market.
Director & Portfolio
Summary
- Audit & Assets
- Operations
- Finance & Planning
- Leadership Development & Compensation
- Strategy & Positioning
Group Chief Executive
Skalid U. Obi
Managing Director - CSL
Ik Ofili
Head, Engineering
