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Nigerian tycoon Johnbull Ejovi turned a small Warri marine company into Ejovi Offshore, a family-run oil services group with about $100 million in annual revenue.
Aradel Holdings, in which five African billionaires own about a quarter, raised nine-month revenue sevenfold to ₦3.95 trillion after absorbing Shell's former onshore fields.
Aliko Dangote has turned down NNPC's bid to lift its 7.25% stake in his $20 billion Lekki refinery, planning a public listing instead.
Aliko Dangote has pledged 95,000 skilled jobs as he scales his Lagos refinery to 1.4 million barrels a day, on track to overtake India's Jamnagar.