MRS Oil Nigeria
Dangote’s half-brother Sayyu Dantata’s MRS tops $60 million in revenue in Q1 2024
Revenue for the first three months of 2024 climbed to N79.16 billion ($62.6 million), up from N30.78 billion ($23.83 million) in the prior-year period.
Dangote’s half-brother Sayyu Dantata’s oil firm mulls Nigerian Exchange exit
Following a successful delisting, the board intends to seek shareholder authorization to list the company’s shares on the NASD OTC Securities Exchange.
Dangote’s half-brother Sayyu Dantata’s oil firm exceeds $190 million in revenue in 2023
Similarly, the company’s profit saw a substantial increase of over 270 percent from $1.37 million $5.14 million, indicating improved operational efficiency and cost-effectiveness.
Oil firm of Dangote’s half-brother Sayyu Dantata posts 9M revenue exceeding $120 million
Dantata, a multimillionaire businessman and the majority stakeholder in MRS Oil Nigeria, owns 60 percent of the company, or 205,730,806 ordinary shares.