In 2020, Sowami acquired a controlling stake in Forte Oil from Otedola’s Zenon Petroleum and Gas Limited.
Ardova
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- Hot News
Nigerian billionaire Femi Otedola’s Zenon wins $19.2-million arbitration award against Ardova
Ardova reported a $8.93-million loss for the 2021 fiscal year.
- Hot News
Nigerian billionaire Femi Otedola’s Zenon Petroleum takes Ardova to court over $6-million debt
The winding-up petition adds to the pressures on Ardova and its majority owner.
- Hot News
Abdulwasiu Sowami’s Ardova finalizes acquisition of Nigeria’s largest downstream oil group
Ardova is now Nigeria’s largest indigenous publicly-listed downstream energy group.
- West & Central Africa
Nigerian oil tycoon Tunde Folawiyo launches creative studio in Lagos State
by Ishioma Emiby Ishioma EmiNigerian oil tycoon Tunde Folawiyo’s five-year-old entertainment firm has launched a multi-functional creative studio.
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The Nigerian oil company Ardova has announced plans to acquire Enyo.