Femi Otedola’s power company aims for $39.56 million in revenue in Q1 2024
Geregu Power aims to double revenue in the first quarter of 2024 despite operating challenges.
Geregu Power aims to double revenue in the first quarter of 2024 despite operating challenges.
The complex will initially focus on producing diesel, aviation fuel, and gas, with petrol production planned for a later stage.
Otedola congratulated Dangote on the launch of the Dangote Oil Refinery, a $20-billion project.
As the Al Nahyan family claims the top spot with a $305-billion fortune, the absence of African billionaire families highlights the stark disparities in wealth accumulation.
This recent paper loss comes on the heels of the impressive $70-million gain he recorded between Oct. 27 and Nov. 14
With a wealth of experience and strategic leadership, Hanratty has propelled Sanlam to new heights.
This comes shortly after the mega refinery received its license to refine over 300,000 barrels of Nigerian crude daily in November.
Effective April 1, 2024, Adadevoh will assume his new role in Johannesburg and will be responsible for leading commercial strategy and the group’s operations.
With his strategic investments and relentless pursuit of excellence, Otedola continues to make significant contributions to the Nigerian economy and beyond.
Bitmama, led by CEO Ruth Iselema, has reportedly extended an offer of $1 million in equity in the crypto company to Payday investors.
Orjiako, a former director of the Lagos-based energy conglomerate, holds a 6.43-percent stake in Seplat Energy.
Dive into the captivating story of Dennis, a Liberian immigrant who overcame adversity to build a $400-million hair-care empire.
Julius Berger, the renowned construction giant partly owned by Nigerian billionaire Mike Adenuga, has officially handed over the N336 billion ($425.6 million)…
Babatunde Ajayi, the head of SME Banking at UBA, spoke about the initiative during the Nigerian Canadian Business Association Business 2023 Roundtable held in Lagos.
As one of the founders and former directors of the Lagos-based energy conglomerate, Avuru owns a significant 8.2-percent stake in Seplat Energy.
Dossou-Aworet has recorded a notable surge in his fortune, propelled by the performance of his holdings in Nigeria’s largest listed energy group.