Gabriel Ogbechie’s Eterna stake declines by $6.3 million
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
Nigerian oil mogul
Meet Sani Bello: Nigerian Ex-military leader turned oil mogul
Sani Bello transitioned from military officer to a top oil magnate, co-founding Amni International Petroleum, which produces 18,200 barrels of oil daily.
Wale Tinubu’s Oando strikes deal for Nigeria’s biggest solar project after Caribbean win
The project, expected to play a key role in Nigeria’s shift toward sustainable energy, will be executed by Oando Clean Energy, the renewable energy unit of Oando Energy Resources.
Nigerian oil mogul Jite Okoloko exits Eroton following major board shake-up
His exit comes amid a major board reshuffle led by political and business heavyweight James Ibori, signaling a new chapter for the company.
Oil billionaire Indimi addresses $435 million dividend feud, says he bought daughters’ stakes for $10 million
He has also denied their accusations of intimidation, insisting they were not pressured into transferring their shares.
Nigerian oil mogul Sayyu Dantata’s MRS Oil sees profits exceed $4 million in 2024
MRS Oil’s ability to navigate inflationary headwinds and leverage supply chain efficiencies highlights its resilience in Nigeria’s volatile energy sector.
Nigerian oil mogul Wale Tinubu’s Oando wins Angola’s KON 13 block
This marks a key step in the company’s efforts to increase its oil production capacity to 100,000 barrels per day as part of its broader global expansion plans.
Nigerian oil mogul Dumo Lulu-Briggs seeks $1 billion to boost country’s oil output
This ambitious plan relies on bringing three marginal fields online within the next year. Lulu-Briggs unveiled the strategy at the recent Offshore Technology Conference (OTC) in Houston.
10 Nigerian billionaires who made their fortune pumping oil
Step into the world of Nigeria’s elite oil magnates.
Nigerian tycoon Benedict Peters’ firm fails to overturn Shell arbitration award
Aiteo is an integrated energy company.