Ladi Jadesimi's Aradel becomes Nigeria’s latest billion-dollar energy group with $1.2-billion market cap
Aradel Holdings has surged past the $1 billion valuation mark, with its market capitalization exceeding $1.2 billion
Aradel Holdings has surged past the $1 billion valuation mark, with its market capitalization exceeding $1.2 billion
The acquisition marks a significant expansion for the integrated energy group.
Jadesimi, who is the founder of Lagos-based LADOL, owns a 4.7-percent stake in Aradel Holdings, an oil-producing company.