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The Inside Story: The Oil Man — How Wale Tinubu Bought Eni's Nigerian Business, and Why Oando's Next Two Years Depend on Raising Capital

Wale Tinubu started as an oil trader in 1994. In 2024 he bought Eni's Nigerian business for $783 million and became operator of four major oil leases. Now he wants to triple Oando's output. The story of the oil man, and of the fundraising his plan depends on.

,   and  Mfonobong Nsehe
4 min read
The Inside Story: The Oil Man — How Wale Tinubu Bought Eni's Nigerian Business, and Why Oando's Next Two Years Depend on Raising Capital

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