Nigerian tycoon Taiwo Afolabi eyes offshore vessel expansion after Indimi’s $315 million bet
Nigerian logistics tycoon Taiwo Afolabi plans new offshore vessels to expand SIFAX Marine’s oil and gas operations.
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Nigerian logistics tycoon Taiwo Afolabi plans new offshore vessels to expand SIFAX Marine’s oil and gas operations.
Oil and gas billionaire Muhammadu Indimi has pledged ₦2 billion to the University of Maiduguri, anchoring a new endowment drive in Nigeria’s northeast.
Nigerian billionaire Muhammadu Indimi has launched a $315 million FPSO to unlock fresh oil from the Okwok field and boost the country’s output.
Oil magnate Muhammadu Indimi vows to invest $250 million in Bauchi State as Tinubu urges global investors to seize Nigeria’s growth moment.
Indimi, who holds nearly 13.1 billion shares—equal to a 29.36 percent stake, is the largest shareholder in Jaiz Bank, the first Islamic bank in Nigeria.