Aradel, led by Adegbite Falade, eyes majority stake in ND Western in expansion push
Aradel Holdings boosts its ND Western stake to 81.67%, strengthening its control in Nigeria’s oil and gas sector.
Adegbite Falade
Nigerian tycoons Ladi Jadesimi and Adegbite Falade gain $25.7 million as Aradel stock rallies 25 percent
A one-week surge in Aradel’s share price added $25.7 million to the fortunes of founder Ladi Jadesimi and CEO Adegbite Falade. Rising output, fresh deals and a steadier oil market helped drive the rally.
Nigerian energy executive Adegbite Falade leads Aradel in new domestic supply deal with NLNG
Nigerian energy executive Adegbite Falade leads Aradel in a new domestic gas supply deal with NLNG, boosting local energy production.
Nigerian business executive Adegbite Falade steers Aradel to $240 million in H1 revenue
Aradel reports $240.5 million revenue, $95.7 million profit in H1 2025, fueled by strong crude output and asset expansion.
Adegbite Falade-led Aradel commits $20 million to Chappal Energies acquisition
The move is part of a broader plan to diversify its operations and build a stronger presence in Nigeria’s energy sector.
Gabon’s Samuel Dossou-Aworet, Nigeria’s Abdulrazaq Isa, and Adegbite Falade lead $2.4 billion Shell asset takeover
This acquisition aligns with Shell’s strategy to exit Nigeria’s onshore oil sector, where security risks, environmental concerns, and community unrest have posed persistent challenges.
Meet Adegbite Falade: Nigerian energy boss steering a $1.6 billion powerhouse
Since his appointment, Falade has led Aradel through a period of substantial transformation, positioning the company as a powerful force in Nigeria’s energy industry.